SVM Day 2025: SVM Day Summary – Celebrating Innovation and Growth
January 15 2025 - 2:00PM
SRIVARU Holding Limited (Nasdaq: SVMH) (“SRIVARU” or the
“Company”), a leading name in EV motorcycle innovation, is thrilled
to announce the successful commencement of its much-anticipated
annual event,
SVM Day. This event marks the
company’s continued commitment to shaping the future of personal
mobility through cutting-edge technology, sustainability, and
user-centric design. This SVM Day brought together stakeholders,
customers, and enthusiasts to celebrate innovation, showcase
achievements, and outline the company’s exciting vision for the
future.
Key Highlights from SVM Day 2025:
- Unveiling of the PRANA 2.0
SeriesThe event spotlighted the PRANA 2.0 series,
including the flagship models – PRANA Grand and PRANA Elite. These
motorcycles, equipped with state-of-the-art LFP battery technology
from BYD, redefine performance with an impressive range of 250
kilometers per charge and acceleration from 0 to 60 km/h in under 4
seconds. PRANA 2.0 also features an advanced waterproof hub motor
with resolver technology, ensuring reliability and endurance.
- Smart Connectivity for the
Modern RiderThe PRANA 2.0 series incorporates IoT-enabled
smart clusters, offering LTE and Bluetooth connectivity. Enhanced
CAN communication between critical components allows for real-time
parameter analysis, including AI-driven insights like driving range
prediction based on current consumption and regenerative currents.
This ensures an unparalleled riding experience.
- Customer-Centric
ApproachIn line with SVM’s commitment to customer
satisfaction, the PRANA 2.0’s modular design includes a detachable
RIM for cost-effective serviceability. The series is engineered to
meet the demands of urban commuters and eco-conscious riders while
maintaining affordability and reliability.
- Production
ExcellenceAttendees were introduced to SVM’s cutting-edge
production facility, capable of scaling up to 2,000 units per
month. The fully automated testing line ensures the highest quality
and reliability, completing the production cycle in just 12
minutes.
- Milestone
AchievementsThe event celebrated key accomplishments,
including the commencement of customer deliveries for the PRANA 2.0
models, marking a significant step into the revenue generation
phase. SVM’s achievement of CMVR certification underscores its
commitment to safety, performance, and environmental
standards.
- Strategic Expansion Plans
on GO TO MarketCEO Mohanraj Ramasamy shared updates on the
company’s aggressive expansion plans, including the growth of the
dealership network from 3 to 30 locations within the next 90 days.
This 900% growth will enable more customers to experience SVM’s
groundbreaking products and services firsthand.
- Announcement of ALIVE
ScootersAdditionally, the announcement of the upcoming
ALIVE scooter series further solidified SVM’s commitment to
expanding its market share. The ALIVE scooter, set to debut in
March 2025, will include three variants, with a premium version
capable of covering over 200 kilometers per charge.
- Next-Level
InnovationSVM is also pushing the boundaries of EV
performance by developing a high-speed motorcycle capable of
exceeding 300 kilometers per hour. This ambitious project showcases
SVM’s dedication to innovation and technological advancement in the
electric mobility space.
- In-House Battery Pack
ManufacturingAs part of its backward integration strategy,
SVM announced plans to establish its own battery pack manufacturing
line by April 2025. This move will enhance the company’s ability to
design next-generation products while ensuring superior quality and
operational efficiency.
A Glimpse Into the Future
SVM Day 2025 served as a platform to reaffirm
SVM’s mission of delivering high-performance, eco-friendly
motorcycles. With a focus on cutting-edge technology, innovative
design, and customer satisfaction, SVM is poised to lead the
electric motorcycle revolution in India and beyond.
The event concluded with a strong message of
unity, innovation, and growth, leaving attendees inspired and
excited about the journey ahead for SRIVARU Holding Limited detail
of the event is available at
https://www.youtube.com/@srivarumotors
For more updates, follow us on our official
channels or visit our website at www.svmh.ai and
www.srivarumotors.com.
Forward-Looking Statements
This communication may contain a number of
“forward-looking statements” as defined in the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact are forward-looking statements. These
forward-looking statements are based on SRIVARU’s management’s
current expectations, estimates, projections and beliefs, as well
as a number of assumptions concerning future events. When used in
this communication, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” “promises “
and variations of these words or similar expressions (or the
negative versions of such words or expressions) are intended to
identify forward-looking statements.
These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
SRIVARU’s management’s control, that could cause actual results to
differ materially from the results discussed in the forward-looking
statements. These risks, uncertainties, assumptions and other
important factors include, but are not limited to: (a) the
inability to obtain financing to complete SRIVARU’s planned
expansion; (b) the inability to successfully appeal the Nasdaq’s
delisting determinations; (c) costs related to ongoing operations;
(d) the possibility that SRIVARU may be adversely affected by other
economic, business, and/or competitive factors; (e) SRIVARU’s
ability to execute its business plans and strategies, (f) SRIVARU’s
estimates of expenses and profitability; and (g) other risks and
uncertainties indicated from time to time in SRIVARU’s public
filings with the SEC, including those under “Risk Factors” therein.
You are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date
made.
These forward-looking statements speak only as
of the date of this press release and, except to the extent
required by applicable law, SRIVARU undertakes no obligation to
update or revise these statements, whether as a result of any new
information, future events and developments or otherwise.
Forward-looking statements speak only as of the
date they are made. Readers are cautioned not to put undue reliance
on forward-looking statements, and SRIVARU assumes no obligation
and, except as required by law, do not intend to update or revise
these forward-looking statements, whether as a result of new
information, future events, or otherwise. SRIVARU gives no
assurance that it will achieve its expectations.
Company Details:
SRIVARU Holding Limited 3rd Floor, Genesis
House, Unit 18, Genesis Close, George Town, P.O. Box 10655, Grand
Cayman KY1-1006, Cayman Islands
Investor & Media Contact:
Investor Relations
SRIVARU Holding Limited
Email: ir@svmh.ai
Phone: +1 (888) 227-8066
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