Reported on August 3, 2021, Thailand-based electric motorbike developer ETRAN Thailand Co., Ltd. expects its 2021 sales to touch 2,000 units, up from 1,000 units, following increasing food delivery business during the ongoing pandemic. Its motorcycles named ETRAN Myra are scheduled to be delivered to customers in August.
ETRAN plans to sell motorcycles through hire-purchase contracts with a daily rent of THB 120-150 in order to test the market. It has also teamed up with Siam Commercial Bank (SCB) to offer motorcycles to riders working for SCB's online food delivery platform, in addition to selling motorcycles through its own channel. Up to 70% of motorcycle bookings came from its collaboration with SCB. ETRAN believes the cooperation with SCB will enable it to expand business, adding that it sees an opportunity brought by the pandemic as it has led to rapid growth of food deliveries while the government has also launched a policy to promote EVs in Thailand.
ETRAN aims to continue expanding its market in the logistics and transport sectors because of their potential to grow during the boom of e-commerce. The firm will focus on business to business trade by looking for businesses which want to promote clean energy and look for ways to reduce transportation costs.
(From an article of Bangkok Post on August 3, 2021)