Avon E-world

Ludhiana, India Founded: 2020 • Age: 6 yrs
Offers electric vehicles like scooters and rickshaws for eco-friendly urban transport.
Annual revenue $107.3M Latest available
Total funding - Funding intelligence
Employees 1467 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Avon E-world

Avon E-world is a company based in Ludhiana (India) founded in 2020. It operates as a D2C and B2C. The company has 1,467 employees as of March 31, 2023. Avon E-world offers products and services including E-Scoot 504, E-Zap DX, E-Mate 306, E-Cargo, and E-Auto Greenway. Avon E-world operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.

  • Headquarter Ludhiana, India
  • Employees 1467 as on 31 Mar, 2023
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Avon Cycles Ltd.
  • Jurisdiction Punjab, Punjab, India
Operational Areas
Transportation, Automotive & Logistics → General Mobility & Transit Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $107.28 M (USD)
    2.67
    as on Mar 31, 2023
  • Net Profit
    $7.02 M (USD)
    -0.55
    as on Mar 31, 2023
  • EBITDA
    $6.93 M (USD)
    -21.8
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    1467

    as on Mar 31, 2023

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Products & Services of Avon E-world

Avon E-world offers a comprehensive portfolio of products and services, including E-Scoot 504, E-Zap DX, E-Mate 306, E-Cargo, and E-Auto Greenway.

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Primary

Urban scooter with 24KM/HR speed and fast charging for daily commuting

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City-range scooter offering 50km travel and efficient motor power

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Rickshaw for urban transport with high performance and low costs

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Cargo variant for goods transport with reliable speed and charging

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Auto model for passenger use with eco-friendly features

Funding Insights of Avon E-world

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Investments & Acquisitions by Avon E-world

Investments
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Investment portfolio details for Avon E-world

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Financial Statements - Avon E-world

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Detailed financials for Avon E-world

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Avon E-World Comparisons

Avon E-world Primary company
Description
Offers electric vehicles like scooters and rickshaws for eco...
Location
Ludhiana, India
Founded Year
2020
Annual Revenue
$107.28 M (USD)
Net Profit
$7.02 M (USD)
EBITDA
$6.93 M (USD)
Employees
1,467
As of 2023
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Peer comparison for Avon E-world

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Competitors of Avon E-world

Avon E-world operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.

Company Name Domain Founded year HQ Location Description
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Electric vehicles and solar energy products are manufactured.
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Electric vehicles are manufactured and leased by Fisker Inc.
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Electric bicycles with advanced features are developed by Motovolt.
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Electric vehicles are developed and engineered in Beijing, China.
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Electric two-wheelers with removable batteries and hub motors are manufactured.
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Manufacturer of electric two and three-wheelers for personal and commercial use
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Detailed competitors of Avon E-world

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Latest news on Avon E-World

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Complete news archive for Avon E-world

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Frequently Asked Questions about Avon E-world

Avon E-world was founded in 2020.

Avon E-world is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.

As of Mar 31, 2023, the latest employee count at Avon E-world is 1,467.

Annual revenue of Avon E-world is $107.28M as on Mar 31, 2023.

Avon Cycles Ltd. manufactures and sells electric scooters and rickshaws online, focusing on affordable, eco-friendly options for urban commuting. Based in Ludhiana, India, they offer models with features like 24KMHR speeds and fast charging. The company emphasizes low costs, better performance, and environmental benefits, serving individual consumers through direct online sales.

Avon E-world's top competitors include Fisker, Tesla and Greaves Electric Mobility.

Avon E-world offers E-Scoot 504, E-Zap DX, E-Mate 306, E-Cargo, and E-Auto Greenway.

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