Revamp Moto and NACOF Oorja sign a Memorandum of Understanding to enhance rural and agricultural mobility through its portfolio of EVs – EQ
In Short – Revamp Moto and NACOF Oorja have inked a Memorandum of Understanding (MoU) to bolster rural and agricultural mobility using their range of electric vehicles (EVs). This collaboration signifies a concerted effort towards sustainable transportation solutions in rural areas. By leveraging Revamp Moto’s EV expertise and NACOF Oorja’s rural network, the MoU aims to facilitate accessible, eco-friendly mobility options, driving socio-economic development and environmental conservation in rural communities.
In Details – The deal has the potential to bring at least 75,000-1,00,000 of Revamp’s EV’s onto Indian roads and empower half a million farmers by 2028 New Delhi: Revamp Moto, one of India’s leading modular electric two-wheeler manufacturers, has signed a Memorandum of Understanding (MoU) with NACOF Oorja to enhance rural and agricultural mobility by introducing innovative, sustainable, and cost-effective electric vehicle solutions in rural and agricultural sectors.
NACOF Oorja is one of India’s leading Renewable Energy developers and operators engaged in design, consultancy, integration, supply, installation, commissioning & maintenance of off-grid and grid connected Solar Power Plants.
The MoU was signed at a gala launch event which was graced by the presence of Distinguished Chief Guest, Ram Iqbal Singh, Founder Chairman NACOF, P. Sureshbabu, Managing Director, NACOF Oorja, along with three Co-Founders of Revamp Moto, Pritesh Mahajan, Mr. Jayesh Tope and Pushkaraj Salunke. The collaboration between Revamp Moto and NACOF Oorja will see Revamp Moto leverage NACOF’s more than 8 crore farmer network to market and distribute Revamp Moto’s portfolio of best-in-class electric vehicles, to reaching a wider audience of micro-entrepreneurs in rural and agricultural India. In alignment with Revamp Moto’s Empowerment Centres, NACOF holds the distinct advantage of having the same level of potential hubs within the
NACOF network which has the potential to bring at least 75,000-1,00,000 of Revamp’s EV’s onto Indian roads and empower half a million farmers by 2028. Commenting on the landmark association, Ram Iqbal Singh, Founder Chairman NACOF said, “NACOF Oorja is dedicated to making a significant impact in the renewable energy sector through pioneering initiatives like India’s first integrated solutions, including Electric Farm Equipment and Specialized Electric Vehicles for Farmers. Our goal is to empower farmers by simplifying their lives.” Jayesh Tope, Co-founder of Revamp Moto said, “Revamp Moto is delighted to partner with NACOF Oorja to build a new market and set of customers for its modular EVs through one of India’s most effective and well-connected networks. As a leading facilitator making dreams come true for micro-entrepreneurs by allowing them to conduct their business seamlessly and efficiently on the go. By, bringing the Revamp Moto portfolio closer to farmers and rural entrepreneurs, Revamp Moto and NCAOF Oorja are proud to provide rural entrepreneurs the platform to bring their vision to life.” Also commenting on this momentous partnership was P. Sureshbabu, Managing Director, NACOF Oorja Pvt. Ltd. saying, “With the dedicated efforts of the NACOF Oorja team alongside the entrepreneurial spirit of our youth, we are assured that a bright future awaits us.”
