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SRIVARU (SVMH) Set to Unveil PRANA 2.0: The Future of Urban Mobility on August 22nd in Chennai, India

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PRANA 2.0: The Future of Urban Mobility

GRAND CAYMAN, Cayman Islands, Aug. 12, 2024 – SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, announced today that the official launch of the highly anticipated PRANA 2.0 has been scheduled for August 22nd, 2024, in Chennai, India. This launch will represent a major milestone for the Company, highlighting years of commitment to advancing the frontier of electric motorcycle technology.

Event Details:

  • Time: 10:00 AM IST
  • Date: August 22, 2024
  • Location: Radisson Blu, Chennai City Centre, Chennai, India

The PRANA 2.0 stands as a testament to SVMH’s commitment to excellence, offering groundbreaking features that set it apart in the market. With a remarkable range of 250 kilometers per charge and the ability to accelerate from 0 to 60 km/h in under 4 seconds, the PRANA 2.0 is not only the fastest but also the most efficient electric motorcycle available in India today in its class.

“We are proud to unveil the PRANA 2.0, an all-electric vehicle that we have spent years developing with a focus on delivering the best riding experience, optimal quality, style, engineering, serviceability, and the best total cost of ownership, embodying the future of electric mobility,” said Mohanraj Ramasamy, CEO of SRIVARU. “This launch is the culmination of our relentless pursuit of innovation, and we are excited to bring to the market a product that is unparalleled in its technology, design, and rider comfort. PRANA 2.0 will redefine the electric motorcycle industry for years to come.”

“We will enter Phase 2 of our corporate strategy with the launch of Prana 2.0, subsequently aiming to achieve the Company’s medium- and long-term goals,” stated Adron Leow, CFO of SRIVARU.

The PRANA 2.0’s unmatched performance is a result of extensive research and development, aimed at delivering an extraordinary riding experience while maintaining the highest standards of sustainability. We believe the introduction of PRANA 2.0 represents a significant leap forward for the electric vehicle industry, offering consumers a product that is not only environmentally friendly but also superior in performance.

SRIVARU invites the media, industry professionals, and enthusiasts to join them for the launch event in Chennai, India where they will unveil the PRANA 2.0 to the world. Attendees will have the opportunity to experience firsthand the innovative features and exceptional performance of PRANA 2.0.

For more information about the PRANA 2.0 and SRIVARU, please visit https://www.srivarumotors.com/prana-electric-bike or www.svmh.ai.

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