Electric One Mobility partners with former cricketer Arjuna Ranatunga to set up JV in Sri Lanka

Electric vehicle superstore chain Electric One Mobility has partnered with legendary cricketer Arjuna Ranatunga to set up joint venture firm Electric One Lanka Pvt Ltd to enter the electric two-wheeler market in the island nation, the company said in a statement. Under the collaboration, for which the two partners have signed an initial pact, the joint venture (JV) will set up over 50 co-branded retail outlets across Sri Lanka in the next five years with the first flagship store expected to be functioning from next month, it said.