Gensol Electric Vehicles All Set To Announce Its Unique Compact EV, EZIO, At Bharat Mobility Global Expo 2025

For quite a long now, Gensol Engineering Limited has emerged as a revolutionary manufacturer in the Electric Vehicle industry and its parent company Gensol Electric Vehicles Pvt Ltd is gaining momentum due to the showcase of its compact electric car - EZIO during the Bharat Mobility Global Expo 2025, scheduled from 17th January 2025 till 22nd January, 2025. This two-door, two-seater is termed a new generation of urban vehicles ready to undergo a global commercial launch for the first time in 2025 in New Delhi.

India's transportation sector is looking for a vision of a zero-carbon emission future which seems to resonate in the design attributes of EZIO. Owing to the everyday, worsening congestion in cities, EZIO seems to fit the modern requirements as it promises to be efficient, Intelligent, and innovative, unlike most other EVs.

Among the other things that visitors have the opportunity to see and launch within the goals of GEVPL's vision for transforming urban logistics is the EZIBOT. At the expo, the Gensol EV booth also exhibits such important exhibits as EZIO, which GEVPL claims are quite a significant achievement in their programs aimed at changing the environment in which transport operates in India. The company advances their goal of promoting electric vehicles through the manufacture of EZIO at its state-of-the-art greenfield plant in Chakan Pune which has an installed capacity of 30,000 units per year.

Commenting on the launch, Anmol Jaggi, Managing Director of Gensol Engineering Ltd, said: "We present EZIO with great emotions at the Bharat Mobility Global Expo 2025. This vehicle is a courageous step towards developing first-ever decently sized EV for the Indian market which demonstrates our dedication towards sustainable mobility and targets for the decarbonization of the country".

Gensol Engineering Limited continues to register significant business expansion across its verticals. Half-yearly results were also impressive with net sales growing by 49% to reach 710 crore and net profit increasing by 52% to touch the Rs 50 crore mark. Excluding BESS revenue, total revenue provides firm visibility of nearly 10, 382 crore across Solar, BESS and Power Generation segments positioning Gensol well for future expansion.

Adding to this, Gensol won additional contracts for Battery Energy Storage Systems (BESS) under the BOO construct thereby strengthening its position in the ever-booming renewable energy sector in our country. Gensol Engineering Limited continues to demonstrate robust growth across its operations, With an order book in hand amounting to ₹5,424 crore in the company's solar EPC division, projects are being executed in the public and private sectors expected to finish in the span of 12-18 months.

Gensol Engineering Limited was established in 2012 and has since successfully completed solar installation projects such as solar power plants, concentrating solar power plants and solar thermal projects, including civil and auxiliary installations with over 770 MW capacity worldwide. Its clean energy and sustainable mobility approach also includes leasing more than 3,000 electric vehicles to passenger, fleet and cargo operators and it intends to grow substantially. Gensol is based in India and focuses exclusively on the development of clean energy and electric mobility technologies and services.