India’s electric mobility space is evolving rapidly, and Kunal Arya, Co-Founder & Managing Director of Zelio E-Mobility, is emerging as a key force behind this transformation. An Exclusive Interview with Zelio Co-founder Kunal Arya offers a closer look at how a young entrepreneur is reshaping affordable EV mobility across the country.
Building a Fast-Rising EV Brand
Founded in 2021 and headquartered in Hisar, Zelio E-Mobility has quickly positioned itself as one of India’s fastest-growing EV brands in the low-speed electric two-wheeler and three-wheeler segment. With a focus on affordability and practicality, the company has built strong trust among everyday riders, particularly in Tier-2 and Tier-3 markets.
Under Arya’s leadership, Zelio has expanded its dealer network to over 330+ dealerships across 20+ states and union territories. Supported by an annual production capacity of 72,000 units, the company continues to scale its operations while maintaining quality and reliability.
Strong Financial Performance & Growth
The company’s financial performance reflects its steady rise. In FY25, Zelio reported revenue of ₹172.19 crore, EBITDA of ₹21.02 crore, and a profit after tax of ₹16 crore. With strong metrics like 36.86% ROCE and 85.75% ROE, the brand has established itself as a profitable and sustainable player in the EV sector.
An Exclusive Interview with Zelio Co-founder Kunal Arya can provide valuable insights into the strategies that fueled this growth, including product positioning and market expansion.
Expansion, Innovation & Leadership Moves
Zelio continues to strengthen its portfolio with its Eeva lineup, introducing facelifted models and new variants. The company is also expanding its manufacturing footprint with upcoming facilities in Odisha and Coimbatore, aligning with its long-term growth vision.
A key recent development includes the appointment of Divyanshu Agarwal as CEO in April 2026. This move allows Arya to focus more on strategic growth initiatives while driving nationwide expansion. Additionally, Zelio partnered with Punjab Kings as its official EV partner for the 2026 season, enhancing brand visibility.
Market Strategy & Future Outlook
Zelio’s success lies in addressing India’s need for affordable, reliable mobility solutions. The company’s emphasis on low-speed EVs, strong after-sales support, and accessibility has accelerated adoption across urban and semi-urban markets.
Through an Exclusive Interview with Zelio Co-founder Kunal Arya, discussions can explore key industry challenges such as infrastructure gaps, policy frameworks, and scaling responsibly in a competitive EV ecosystem. Arya is also expected to share insights on FY26–27 growth plans, opportunities in E-2W and E-3W segments, and post-IPO expansion strategies following the company’s successful SME listing on BSE in October 2025.
A Vision Rooted in Determination
Kunal Arya’s journey—from a small-city background to leading a national EV brand—highlights resilience, innovation, and a clear vision for the future. His leadership continues to drive Zelio toward becoming a dominant force in India’s EV revolution.
As the industry accelerates, an Exclusive Interview with Zelio Co-founder Kunal Arya promises to reveal not just the company’s roadmap but also the broader direction of India’s electric mobility landscape.
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