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Zelio E-Mobility Ltd (ZELIO) Share Price & Fundamentals

SegmentOfferingsAdvantages / MoatCustomersHigh-Margin AreasRevenue (₹ Cr.)Revenue %How We EarnPricing ModelGrowth DriversTop Brands
Electric Two-WheelersStylish, low-speed electric scooters with varied battery and motor options, designed for urban and semi-urban users.Strong dealer network, ISO certifications, in-house R&D, local manufacturing, and recognized brand loyalty.B2C focus targeting homemakers, students, and commuters in Tier-2 and Tier-3 cities across India.Higher-end models with lithium-ion batteries and HID braking systems.16696Vehicle sales predominantly from franchise and exclusive dealers serving retail customers.Direct sales via dealer network; affordable pricing with focus on cost efficiency and accessibility.Growing EV demand in Bharat, government subsidies, and enhanced product localization and reliability.Zelio EEVA, EEVA ZX+, EEVA ECOZX
Electric Three-WheelersElectric rickshaws offering eco-friendly last-mile commercial transport solutions in urban and semi-urban markets.Brand recognition in electric rickshaw segment and vertical integration support from subsidiary for components.B2B and B2C, with focus on small commercial operators and urban transport services.Customized commercial vehicles with battery leasing options.32Sales via dealerships with commercial buyers and fleet operators.Direct sales with possible fleet-based purchase agreements.Government EV incentives for commercial vehicles and scaling urban transport electrification.Tanga Butterfly, Tanga Fine
Others (Battery, Spare Parts, Accessories)Sales of batteries, chargers, spare parts, and accessories supporting vehicle after-sales.Integrated service network and quality assurance.B2C vehicle owners and service providers.Lithium-ion batteries and high-quality accessories.82Product sales and replacement services through dealer network.One-time sales and recurring after-sales support.Expanding vehicle base driving spare parts demand and battery upgrades.

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