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‘It is a big hit,’ Emotorad Co-Founder Kunal Gupta raises concerns over US Tariff impact

Aug 12, 2025

Pune (Maharashtra), August 12, 2025 (ANI): Kunal Gupta, Co-Founder of electric cycle manufacturer Emotorad, has voiced serious concerns over the recent spike in US trade tariffs, calling it a “larger hit” for companies like his. He said, “It's a larger hit for sure. Prior to the 1st of April, we were sitting at a negligible zero duty structure as compared to what tariffs have done today. It has reached to a 50% price point, which will impact the consumers of the USA and the sales. It is a big hit for companies like us. I...