Past performance
About Bikewo Green Tech Ltd Bikewo Green Tech Limited, formerly known as Right Choice Automobiles, is an Indian electric two-wheeler retailer, originally incorporated in 2016. Initially focused on the used four-wheeler market, the company expanded into the electric vehicle sector in 2022, capitalizing on the growing demand for electric mobility in India. It operates by offering multi-brand electric two-wheelers through a franchise model, targeting Tier-I, Tier-II, and Tier-III cities and establishing a dealership network for high customer visibility and accessibility.
Besides its electric vehicle operations, Bikewo Green Tech also acts as an intermediary between new car dealers and used car lots, earning margins on used car sales. The company offers various dealership models, including State, Diamond, and Platinum Dealerships. With a strategic focus on expanding its electric vehicle presence, Bikewo Green Tech is planning a public issue of 3,886,000 fresh equity shares to support its growth initiatives.
Performance overview