Wednesday, November 20, 2024
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Combination of Scooter and Bike: BMW CE 02 EV’s “eParkourer” Launch in India

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BMW Motorrad is ready to launch its new model, the BMW CE 02, a blend of electric scooters and bike, that is, a minimalistic design after its CE 04 brand lineup. It will be the second electric scooter of the brand in India which is developed in collaboration with TVS and it will be manufactured at the brand’s Hosur Plant in Tamil Nadu. The nickname, “eParkourer”, suits the EV since it can navigate through tough urban settings, given the reason it is a hit among consumers. The launch is scheduled today, that is, on 1st October 2024.

E-bike Market Size

The Precedence Research’s detailed report on the global e-bike market size is calculated at USD 22.09 billion in 2024, grew to USD 24.10 billion in 2025, and is projected to surpass around USD 53.63 billion by 2033. The market is expected to grow at a CAGR of 10.16% from 2024 to 2033.

The starting price of the model is Rs 6.36 on international level. The significant features like all-LED lighting, reverse gear, USB charging, keyless operation and an electric motor of 11 kW (14.7 bhp) will attract consumers. It comes with a PMS air-cooled motor whose top speed can reach up to 95 kmph. Furthermore, the BMW CE 02 is provided with two 1.96 kWh removable battery packs which are expected to achieve range up to 90km.

In the year 2023, 29,50,563 electric vehicles were sold in India and 24,59,746 EVs or 83 % account for six-figure sales which includes 12 states and 1 Union territory. Apart from this,3 states which are Uttar Pradesh, Maharashtra and Karnataka account for 11,07,013 EVs or 37.51% of the India total.

Electric Vehicle Sale in India in Year 2023

State  Unit             Union Territory                 Unit
Maharashtra   320,189         Dadra & Nagar Haveli         318
Rajasthan  182,376
Gujarat  149,066
Goa 13,735
Tamil Nadu 8,089
Delhi 181,037
Madhya Pradesh

Uttarakhand   

442,858

30,195
 Bihar                167,136
Odisha  66,336
 West Bengal   57,195
Jharkhand 36,336

It is divided into central zone which is a combination states like Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Uttarakhand with a combine sale of 732,139 EVs. The north zone is a combination of Rajasthan and Delhi with sales at 491,965. The western zone which consists of Maharashtra, Gujarat, and Goa have a total unit of 483,308. In eastern zone, Bihar, Odisha and West Bengal combine total units of 300,000 EVs and in north-eastern zone which is a combination of 8 states comprises of total 140,624 EV.

“A recent report from Precedence Research reveals that India’s EV production capacity is projected to grow by 38% in 2024, reflecting the growing funding and investments by key market players.”

The international market price of BMW CE 02 starts at $7,599 (around Rs 6.36 lakh) and will go up to $8,474 (around Rs 7.10 lakh). In result, we can expect the price to be around Rs 5 lakh which in comparison is less than BMW Ce 04, sold in India and which is available at a market price of Rs 14.90 lakh.

Rushikesh
rushikesh@towardsevsolutions.com | Website | + posts

With a Master of Science in Statistics and over two years of expertise in the market research industry, Rushikesh brings a wealth of knowledge to the world of electric vehicle (EV) news. His passion for the automotive sector, combined with his statistical expertise, allows him to analyze trends, consumer behavior, and emerging technologies with precision. Rushikesh’s ability to dive deep into the numbers, yet communicate them in a reader-friendly manner, makes him a key voice in the fast-evolving EV industry.

Having spent his academic and professional career immersed in data-driven analysis, Rushikesh leverages his strong statistical foundation to offer insights that are both thorough and forward-thinking. His keen interest in the automotive industry, especially electric vehicles, positions him uniquely to understand not only the current landscape but also the trajectory of the sector as governments, manufacturers, and consumers increasingly lean towards sustainable transportation.

Rushikesh

With a Master of Science in Statistics and over two years of expertise in the market research industry, Rushikesh brings a wealth of knowledge to the world of electric vehicle (EV) news. His passion for the automotive sector, combined with his statistical expertise, allows him to analyze trends, consumer behavior, and emerging technologies with precision. Rushikesh’s ability to dive deep into the numbers, yet communicate them in a reader-friendly manner, makes him a key voice in the fast-evolving EV industry. Having spent his academic and professional career immersed in data-driven analysis, Rushikesh leverages his strong statistical foundation to offer insights that are both thorough and forward-thinking. His keen interest in the automotive industry, especially electric vehicles, positions him uniquely to understand not only the current landscape but also the trajectory of the sector as governments, manufacturers, and consumers increasingly lean towards sustainable transportation.