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About Company

Incorporated in December 2018, Tunwal E-Motors Limited is a prominent electric vehicle (EV) manufacturer specializing in the design, development, production, and distribution of high-quality electric two-wheelers. The company has introduced over 23 different models to meet diverse market needs and maintains a strong presence across 23 states in India through a network of over 330 dealers. These dealers are required to provide comprehensive after-sales services, including routine maintenance, battery management, diagnostics, safety checks, and component replacement. The company's manufacturing unit, located in Palsana, Sikar, spans 8000 square meters and boasts a production capacity of up to 41,000 units. As of March 31, 2024, Tunwal E-Motors Ltd employs 64 permanent staff, who receive regular training to enhance operational excellence, productivity, and adherence to quality and safety standards.

Strength Factors

Strong Market Position: Tunwal E-Motors Limited holds an admirable position in the rapidly growing Indian electric two-wheeler (E2W) market.

Recognized Brand: The company is well-regarded by both distributors and consumers, enhancing its market reputation and reliability.

Extensive Distribution Network: With a presence in 19 states and a network of over 256 dealers, Tunwal E-Motors ensures widespread availability and support for its products.

Risk Factors

Legal Proceedings: Ongoing litigation involving the company and its promoter could lead to liabilities, penalties, and damage to reputation, potentially affecting business and financial stability.

Development Challenges: The company's success relies on its ability to develop and deliver new high-quality electric vehicle models on time and at scale, which presents significant risks and challenges.

Supplier Dependence: Reliance on third-party suppliers without firm commitments or exclusive arrangements may lead to supply disruptions, adversely impacting business operations and financial health.