Offering affordable EV leasing, Rilox EV launches Rilox E-Mobility in 2025, with a goal of 25,000 vehicles by year three, plus innovative battery-swapping and IoT tech.
Rilox EV, an Indian electric vehicle manufacturer, has unveiled Rilox E-Mobility, a new division dedicated to electric vehicle leasing, set to begin operations on April 1, 2025. The initiative aims to offer affordable leasing options to businesses and individuals, enhancing accessibility to electric mobility.
The company has outlined goals for its leasing service, planning to deploy 2500 vehicles in the first year, with projections to expand to 10,000 vehicles by the second year and 25,000 by the third year. In addition, Rilox E-Mobility will introduce a battery-swapping system to improve user convenience and operational efficiency.
Rilox EV has been active in the B2C logistics sector, where the demand for electric vehicles is higher due to frequent and intensive usage. The company has developed vehicles tailored to endure heavy-duty operations, particularly in labour-intensive industries.
The fleet is also equipped with IoT-enabled technology, providing real-time vehicle status tracking, including movement, health, and load capacity, to reduce downtime and maximise operational efficiency.
By expanding its dealer network and focusing on commercial use, Rilox E-Mobility intends to make electric vehicles more accessible and viable for businesses. The move reflects the company’s commitment to integrating leasing models with technological advancements, supporting the widespread adoption of EVs in sectors with high vehicle usage.
