ABOUT US

COMPANY

Registered under the company SJ Electric Vehicles Pvt Ltd, Polarity Smart Bikes is an electric vehicle brand built by a team of highly motivated and dynamic individuals to solve every day mobility problems for Indians using innovative and practical solutions. After years of experience in the automotive industry and research on future trends, we identified a range of battery operated electric bikes that are unconfined to charging infrastructure as the first set of products to launch in Indian market.

PRODUCT SUMMARY

Polarity has developed unique, low cost, state-of-the-art electric transportation vehicles to provide emission free transportation. This product is designed to boost sluggish demand for EVs that current electric two-wheelers aren’t able achieve by reducing weight of the product and adding convenience. The product in its best configuration can achieve high speeds of 100kmph and travel a range of 80km on a fullcharge. It also benefits from increased range with the availability of a pedal to go further when the electric vehicle’s battery is completely discharged. This solves the most important handicap for EVs – range anxiety.

All bikes will come with regular cable charging for convenience when on the move as well as a detachable design that’s portable to easily charge anywhere indoors, whether it’s your home or office. With charging time of less than two hours and effective range of more than the daily commute, this is India's first such electric vehicle that has the potential to be widely accepted.

MARKET

The company’s target is to redefine mobility in cities. Times have changed and with that, personalisation and identity have become important factors in motoring purchases. Whether it’s college students, high school students, technology enthusiasts, or corporates, a fresh take on motoring is the need of the hour for the current generation of environmentally conscious individuals. Even in tourism, educational campuses, delivery networks and more, a low cost, emission free transportation solution adds value to the companies availing it. It is amainstream product that can be used by anyone with a two-wheeler license.

STRATEGIES

Electric vehicles are cheap to run – this has been a known fact for many years now. That hasn't helped boost sales much because of several factors – charging infrastructure, range anxiety, below-par design, build quality and more.

Polarity’s focus is international design, affordable purchase and running costs and no dependence on charging infrastructure. We believe in simplicity and sophistication, helping individuals lower carbon footprint and clean-up microclimates by replacing polluting vehicles by our clean energy bikes.

The government also provides subsidy under the FAME II scheme of Rs 10,000/kWh for an electric vehicle or a maximum of 20% of the purchase cost of the vehicle, whichever is lower. In addition to that, EV insurance is 20 percent cheaper and the government has lowered the GST rate to 5 percent from 12 percent on electric vehicles. The company intends to blend cost effectiveness and desirability as its marketing strategies. We also want to promote a healthy lifestyle as pedal assistance gives you the opportunity to plan your fitness routines whenever you want.