POCHAMPALLI, TAMIL NADU, Aug 15 Reuters Indian electric vehicle maker Ola Electric Mobility launched a new series of motorcycles on Thursday, days after it went public, expanding into an untapped segment in the world39;s largest twowheeler market.

India39;s electric twowheelers are almost entirely scooters, with more expensive motorcycles accounting for barely 1 of overall twowheeler EV sales.

Smaller EV motorcycle makers such as Revolt and Ultraviolette Automotive backed by Indian twowheeler maker TVS and chip company Qualcomm  have struggled with low volumes in the pricesensitive market.

Ola Electric, which raised 734 million in its initial public offering last week, launched two motorcycle variants and claimed that the entrylevel Roadster X had a range of 200 kms 124.27 miles on a single charge.

The Roadster Pro variant has features such as advanced driver assistance systems and internetenabled AI technologies, the company said at the launch event.

Electric motorcycles have had greater success in China and Taiwan, helped by government subsidies and a vast EV charging network. However, high upfront costs and range anxiety have been hurdles for growth in other markets.

Ola Electric accounted for 39 of twowheeler EV sales in the country in July, per government data. Revenue surged 90 in the year March 2024, but it is yet to turn a profit.

In April, it slashed prices of the cheapest of its three scooter models to boost demand after the government reduced EV…