Panache Digilife Signs Manufacture and Supply Agreement with Revamp Moto for EV Vehicles in Indian Market

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Mumbai : Panache Digilife Limited has signed a Manufacture and Supply Agreement with Revamp Moto Private Limited for their Modular Electric Vehicles (EV).

Revamp Moto is a Nashik based start-up engaged in development of exceptionally reliable, adaptable, and connected Electric Vehicles based on its Modular Utility Platforms intending for accelerating the transition to a zero-emission society. With this association, each party will be focusing on building their own strengths with Revamp Moto working on new product development (NPD), Research and Development (R&D), new technologies, and generating IPs. This leaves Panache to focus on quality product assembly, process optimisation, and indigenisation of components which makes it foray in the Indian EV market. This alliance will help both Revamp and Panache focus on their specific domains to indigenise EV manufacturing and assembly of these products which would not just bring a great deal of transparency but would also speed up the process significantly.

“Revamp Moto’s bold and innovative approach to designing and building electric vehicles that have yet to be seen before in the country make them the ideal partner for Panache. With this association, Panache makes its entry into the world of electric mobility and also advances our expertise in providing contract manufacturing solutions. We are delighted to be working with Revamp Moto and will look to combine our efforts to shape the future of mobility not just in India but with products that are ‘Made in India’Amit Rambhia, Chairman and Managing Director, Panache Digilife Ltd, said.

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