Rilox EV’s Journey to Transform Logistics with Sustainable Innovation

Rilox EV is redefining electric mobility in India with its innovative and sustainable approach to transportation. Founded in 2021, the company has quickly emerged as a leader in utility-based EV solutions, catering to logistics, last-mile delivery, and urban mobility. By focusing on cost-effectiveness, durability, and technological innovation, Rilox EV is addressing the growing demand for efficient and eco-friendly vehicles in both B2B and B2C segments.

Expanding Presence Across India

With a strong presence nationwide, Rilox EV operates 75 dealer stores in key states like Maharashtra, Tamil Nadu, Karnataka, and Andhra Pradesh. The company recently expanded its reach with an exclusive showroom in Prayagraj, Uttar Pradesh, further strengthening its distribution network. Its latest innovation, the Bijli Trio, is a three-wheeler designed for last-mile logistics, offering enhanced efficiency and sustainability.

A Multi-Segment Business Model

Rilox EV follows a three-pronged business model, catering to B2B, B2C, and D2C markets:

• B2B: Partnerships with logistics providers, fleet operators, and SMEs, offering customized EV fleets integrated with IoT-enabled fleet management systems.
• B2C: High-performance, cost-effective electric vehicles available through an exclusive dealership network.
• D2C: Direct purchases via digital platforms and flexible subscription plans, targeting urban millennials and Gen Z consumers.

An Ecosystem-Driven Approach

What sets Rilox EV apart is its ecosystem-driven model through Rilox Transport Services (RTS). RTS provides last-mile delivery and fleet solutions, ensuring seamless integration of Rilox EVs into business operations. Additional services such as mobile app support, financing options, spare parts availability, and dedicated charging infrastructure help fleet operators and logistics aggregators maximize efficiency and minimize downtime.

Rapid Growth & Future Expansion

Despite being bootstrapped, Rilox EV has seen remarkable success, generating INR 15 crore in revenue with a 50% year-on-year growth. This success is driven by an expanding market presence, strategic partnerships, and rising EV adoption in urban and semi-urban areas. Looking ahead, the company plans to raise funds to expand production capacity, enhance product offerings, and strengthen its market position.

Government Policies Boosting EV Adoption

India’s EV sector is growing rapidly, supported by government policies, tax incentives, and a push for sustainability. The latest budget allocations and exemptions on key raw materials like lithium, cobalt, and battery components have created a favorable environment for companies like Rilox EV to scale operations and accelerate electric mobility adoption.

Visionary Leadership Driving Success

Leading Rilox EV’s growth is Avesh Memon, Founder and CEO, who brings over 15 years of diverse experience. Under his leadership, Rilox EV has introduced cutting-edge EV solutions, built strategic partnerships, and positioned itself as a trusted name in sustainable transportation. Before launching Rilox EV, Avesh successfully led multiple ventures, including One Stop Media, and honed his expertise in global sales at Travelxp.

Shaping the Future of Green Mobility

Looking ahead, Rilox EV aims to solidify its leadership in the utility-based EV sector, expanding its footprint across India. With a strong focus on sustainability, innovation, and affordability, the company is not just manufacturing electric vehicles—it is shaping the future of green mobility. As infrastructure, technology, and policies continue to evolve, Rilox EV is well-positioned to play a key role in India’s transition to a cleaner, more efficient transportation ecosystem.

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