Yamaha Unveils Aerox E: India‑Built Premium Electric Scooter at ₹2.81 Lakh

• Developed in India for premium urban mobility, the Aerox E delivers 117-km certified range and 95.5 km/h performance; sales beginning in select cities via Blue Square Showrooms.

Reinforcing its commitment to sustainable mobility and building on the momentum of its expanding EV portfolio, India Yamaha Motor (IYM) Pvt. Ltd. today announced the price and availability of the Aerox E, its high-performance electric scooter developed in India for premium urban mobility. Offered in Bluish White Cocktail, the Aerox E will be available at Yamaha Blue Square Showrooms in select cities at a price of Rs 2.81 lakh (Ex-showroom, Delhi).

The Aerox E further advances the electrification roadmap of IYM in India, combining engaging performance, premium design, and dependable technology tailored to evolving urban mobility needs. Building on the success of the Aerox lineage and Yamaha’s globally acclaimed Maxi Sports DNA, the Aerox E is powered by a Permanent Magnet Synchronous Motor (PMSM) delivering 9.4 kW peak power and 48 Nm torque. This high-output system provides instant acceleration and confident manoeuvrability, enabling quicker overtakes and a more responsive ride. With a certified range of 117-km, customers benefit from practical daily commuting with fewer charging interruptions. A top speed of 95.5 km/h ensures a dynamic yet stable ride experience for urban commutes.

The Aerox E offers three ride modes – Eco, Standard, and Power – enabling riders to tailor performance to traffic conditions and range requirements, thereby improving efficiency without compromising responsiveness. A Boost function provides rapid acceleration when needed, while a reverse mode simplifies parking and handling in tight spaces. It is equipped with dual removable batteries (1.5 kWh each, 30Ah capacity) engineered for efficient power delivery and everyday convenience. Each battery charges in approximately 3 hours and 10 minutes, minimizing downtime. Ergonomic grips allow effortless removal for home charging, and the ability to operate with a single battery provides added flexibility, ensuring uninterrupted mobility while the other battery is charging. The battery comes with a 3-year or 30,000 km warranty.

Retaining the core DNA of a true Maxi Sports Scooter, the Aerox E embodies Yamaha’s Heart-Shaking Speedster design philosophy through its proud body size, athletic proportions, and distinctive ‘X’ motif – enhancing road presence as well as rider confidence. Sharp LED headlights and an LED taillight with flashers improve visibility and safety while delivering a premium and innovative appearance. Revised ergonomics aligned with vehicle dynamics provide a comfortable yet sporty riding posture for daily commutes.

Additionally, the Aerox E is equipped with a Traction Control System (TCS) and front and rear disc brakes with single-channel ABS, enhancing rider confidence through improved grip and controlled braking. The scooter features a 5-inch colour TFT display with turn-by-turn navigation, enabling riders to stay informed without distraction. Y-Connect mobile app integration offers Multi-Information Display functions, maintenance reminders, and last parked location – delivering smarter ownership and everyday convenience. A smart key system and externally positioned charging port further enhance ease of use and accessibility.

Designed for modern urban achievers who value performance and exclusivity, the Aerox E sets a benchmark in the premium electric scooter segment. Through localized development and production, Yamaha aims to play a meaningful role in India’s evolving EV ecosystem.

Ultraviolette Secures $21 Mn with Strategic Backing from Japan's TDK Ventures and Existing Investors

• The investment round of $21M saw strategic participation from TDK Ventures and strong continued backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital) among other leading institutional investors.
• Ultraviolette is actively expanding its retail footprint across India, scaling from its current presence in 20 cities to over 100 cities nationwide.
• F77 is the first Indian E2W to receive European Certification and to be sold across 10 countries in Europe.
• TDK Ventures now joins Ultraviolette’s distinguished group of institutional investors, which includes Qualcomm Ventures LLC, Zoho Corporation Private Limited, Speciale Invest, Lingotto (a subsidiary of Exor N.V.), and TVS Motor Company Limited.
• Other notable investors include Sriharsha Majety (Co-founder & CEO, Swiggy), Ankit Nagori (Co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and Dulquer Salmaan (renowned actor and automotive enthusiast).

Ultraviolette, today, announced a strategic investment from TDK Ventures, the corporate venture capital arm of TDK Corporation (TSE: 6762). This partnership represents a pivotal step in Ultraviolette’s mission to develop and scale globally competitive performance-oriented EVs, that embodies Indian innovation and engineering excellence.

TDK Ventures now joins Ultraviolette’s distinguished group of institutional investors, which includes Qualcomm Ventures, Zoho Corporation, Speciale Invest, Lingotto (Previously Exor Capital), and TVS Motor Company. Other notable investors in Ultraviolette include Sriharsha Majety (Co-founder & CEO, Swiggy), Ankit Nagori (Co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and Dulquer Salmaan (renowned actor and automotive enthusiast).

Ultraviolette was founded with a vision to craft electric vehicles that combine futuristic designs with precision engineering. Following years of rigorous R&D, Ultraviolette’s flagship motorcycle- the F77 has set new benchmarks in performance, safety, and technology, establishing itself as one of the world’s most advanced electric two-wheelers today. With a well-established foundation, Ultraviolette is now scaling up manufacturing, accelerating research, expanding its distribution network, and bringing its product portfolio to global markets of the world.

“Mobility is undergoing a radical transformation, and at Ultraviolette, we are leading that change through cutting-edge innovation. Our partnership with TDK Ventures fast forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant”, stated Narayan Subramaniam, CEO and Co-founder of Ultraviolette.

Niraj Rajmohan, CTO and Co-founder of Ultraviolette, commented, “Through this partnership with TDK Ventures, Ultraviolette will continue to innovate in deep-tech to shape the future of mobility. Together, we will continue to push the boundaries in building safer, smarter, and a more efficient electric mobility eco-system.”

TDK Ventures is committed to supporting disruptive startups that are driving scalable solutions in energy, mobility, and sustainability - key sectors that are shaping the future of global economy. Its investment, as part of Ultraviolette’s latest funding round represents TDK Ventures’ commitment to advancing sustainable transportation technologies around the globe. This strategic investment positions TDK Ventures at the forefront of India's electric two-wheeler revolution.

Ravi Jain, Investment Director of TDK Ventures, commented, “We look forward to bringing our TDK Goodness to Ultraviolette and their ambitious plan to design the next generation of energy efficient and performance EV 2W platforms. TDK Ventures is excited to support Ultraviolette in their relentless pursuit of growing their global reach."

In late 2023, TDK Ventures launched its Bengaluru Innovation Hub to empower India’s exceptional entrepreneurs to scale their technologies globally by leveraging its expertise in nurturing deep-tech startups around the world.

E-Mobility Startup Vaan Moto Launches in Hyderabad

India’s premium lifestyle e-mobility start-up VAAN Moto has announced its foray into Telangana and Andhra Pradesh markets. VAAN launched two e-bike models Urbansport and Urbansport Pro at a special event held in Hi-tech City, Hyderabad. The launch marks a significant milestone for the company as it expands its footprint in India's rapidly growing EV market.

The product was globally launched at the famed EICMA motorcycle show in Italy in 2021. Last year, the company had launched its e-mobility products in Mumbai marking the beginning of its commercial launch at the national level. VAAN Moto focuses on implementing scientifically developed and environmentally sustainable products besides ensuring sustainable energy and recycling of products.

ChandraShekar Reddy IPS - IG Govt of Telangana testing Vaan e cycle

Speaking at the launch, Mr. Jithu Sukumaran Nair, CEO, and Founder of VAAN Electric Moto Pvt. Ltd. said, "Hyderabad is a key market for us as we expand our operations in India. We are excited to launch our range of e-mobility solutions in two Telugu states after our major launch in Mumbai last year. We believe that the launch of our e-mobility solutions in Hyderabad will help accelerate the adoption of EVs in the city and contribute towards a cleaner, greener future."

VAAN Moto also announced the launch of police bikes exclusively designed for the police with many features. Major features of the police bikes include 3.2 inch colourful display with multi information, rear tool bags, high performance motor, In tube 14 Ah long range battery pack for 60 to 80 kms, Hydraulic disk brakes.

Jayesh Ranjan IAS, Principal secretary IT & Industries, Chandra Shekhar Reddy IPS, Inspector General of Police, Telangana, Dr Laggani srinivas- Adviser & Mentor VAAN MOTO, Shyam Patel - Owner Mumbai Leon Army, Tennis premier League were also presented. 

VAAN Moto has partnered with leading players in this segment, including Benelli of Italy and Kiska of KTM from Austria. While VAAN Moto designs these electric bicycles, Benelli supplies components, and Kiska helps with the branding. VAAN Moto’s e-bike models – Urbansport and Urbansport Pro (limited edition) feature a unisex compact frame, 20-inch wheels, detachable batteries, indicator lighting, etc. These bikes can operate in three modes — normal pedalling, pedal-assist mode, and throttle mode.

VAAN has dealers in Portugal, Spain, and the Czech Republic. The compact and powerful e-bike specifically designed for the young crowd, also has all the comfort and advantages to attract middle age groups including those who need not be cycling enthusiasts.

After e-Scooter, OLA is Now Preparing to Bring Electric Bike

OLA Electric, the country's largest electric scooter maker, is now mulling to bring a new electric bike soon. The CEO of the company has given this information on social media. In this news, we are telling you that by when the company's new electric bike can come and which electric bikes will challenge it in the market.

It has been informed on social media by Bhavish Aggarwal, co-founder and CEO of OLA Electric, that the company is going to bring electric bikes soon. Along with this, he has also sought people's opinion through votes on social media.

In a voting over Twitter, 4 options were given, which were — Sports, Cruiser, Adventure and Cafe Racer. Out of these, the maximum 47.1% votes have been given to sports bikes. After this, the cruiser bike is second number, which has got 27.7% votes so far. Adventure is at the third position with 15.1% votes and cafe racer bikes at the last position with 10.1% votes.

OLA can launch the new electric bike by Holi in the month of March next year. This information has been given by the company. It has been told by the company that– "Remember, Ola is promising to launch its upcoming motorbike this Holi?"

Looks like Ola is indeed working towards making the most performance driven, practical and durable motorcycle in the Country.

At present, no official information has been given by the company about what kind of design the bike will be based on. The company has kept four options for the design of the new bike, which are sports bike, cruiser bike, adventure motorcycle or cafe racer design.

Bajaj To Launch Electric Bike, Files for Trademark called 'Freeride' and "Bajaj Floor"

Bajaj Auto has applied for a new trademark in India for the name 'Freerider', as per the listing on the Patent Design and Trademark website of the Ministry of Commerce and Industry. The company had applied for the trademark on March 1, 2021 and it has already been approved by June 21. There is no concrete information about where the company will use the newly registered trademark. According to the information, the company can use this new name in its upcoming electric bike.

According to few media reports, Freerider is expected to use the same electric powertrain as that of Husqvarna E-Pilen concept. E-Pilen is equipped with an 8kW (10.73 bhp) electric motor. Details about power output are yet to be revealed. The motorcycle will have a range of around 100 km, which should be sufficient for city needs. To take care of range anxiety, E-Pilen will be equipped with swappable batteries. It is apparent that the company will be focusing on developing the necessary infrastructure to sustain its electric two wheelers.

E-Pilen Concept [Image - husqvarna-motorcycles.com]

Bajaj Freerider may hit the markets sooner than expected. That’s because Bajaj has been collaborating with KTM, whose parent company is same as of E-Pilen, for developing a common electric platform. It is expected to spawn multiple electric two wheelers in the range of 3kW to 10kW. Most of these will be using a 48v electric system.

Bajaj has also filed a trademark in the name of Bajaj Floor and Bajaj Floor in India a few months back. According to the reports, the company will also use these names in its electric two wheeler. The company has registered this new trademark under the two wheeler, motorcycle, scooter, three wheeler and four wheeler listing in the description box in the patent document. According to which it is being speculated that the company will use this new name only for its electric scooter or bike.

Bajaj's line-up of electric vehicles currently includes the company's electric scooter Chetak. The scooter has been a huge hit in the Indian market, but due to reasons like limited production capacity and availability, it is facing a shortage. Recently, after some amendments made in the FAME-2 policy of the Government of India, there has been a decline in the prices of domestic electric vehicles. Under which the government is now giving more subsidy on domestic electric two wheelers.

The earlier subsidy on domestic electric vehicles was Rs 10,000 per kWh, which the Department of Heavy Industries (DHI) has now increased to Rs 15,000 per KWh after the Hybrid and Electric Vehicles Manufacturing (FAME II) amendment. After the arrival of this policy of the government, Bajaj's electric two wheeler segment can see a boom. But it is too early to comment on any kind of timeline.

BLive and CredR Partner to Provide Seamless Upgrade to Electric Bikes

• Blive Store Customers can upgrade from any petrol 2-wheeler to E-Scooters
• CredR to provide an instant exchange price for the petrol 2-wheeler 
• Launching in Delhi NCR, Pune, Bangalore and Jaipur 

New Delhi, 22 January 2021: Electric mobility has gained unprecedented importance in India over the last few years. As a result of the COVID-19 pandemic, people are becoming environment conscious and are moving towards the adoption of electric vehicles. Moreover, EVs are gaining higher acceptability due to the low purchase price, low running costs and ease of use. 

With people moving towards EVs, it was natural for CredR – an Omni-channel two-wheeler used consumer brand to collaborate with BLive, India's leading Electric Bike Tourism Platform. Blive has now launched India’s first EV Store. With this collaboration, users can exchange any petrol-based two-wheeler with E-Scooters sold on the Blive Store . While exchanging the old two-wheeler, CredR will offer instant quotes for old petrol scooters thus reducing the upfront cost of BLive e-bikes.

Users will be provided with convenience and hassle-free exchange of used two-wheelers for electric bikes and receive their new vehicle within days. An instant price quote/ estimate will be generated through the proprietary pricing application powered by CredR. To complete the transaction, CredR will verify the documents and the health of the petrol version of the two-wheeler. The exchange price will then be adjusted against the final cost of the new BLive electric two-wheeler. Currently, the program is applicable in Delhi NCR, Jaipur, Bangalore and Pune and will soon be expanded to other cities across India.

Commenting on this collaboration, Sasidhar Nandigam, Chief Strategic Officer, CredR said, “India’s Electric mobility landscape is going to change dramatically post COVID-19 pandemic and the sales are expected to rise. As the sales of overall two-wheelers will see a boom, there will also be a rise in sales of second-hand e-two wheelers. Currently, electric mobility contributes to less than 1% of the two-wheelers market that can only increase from here. We are tremendously excited to partner with BLive in bringing about this shift in the market."

Speaking on the announcement, Samarth Kholkar, CEO and Co-Founder, BLive said, “The more consumers experience EVs, the higher will be the adoption of the same. BLive, through its Ebike tours has been offering the same across 9 states of India giving consumers an opportunity to try EBikes. With the online EV store we want to offer the best experience of buying an EV making the adoption easier, whether it is with the range of EVs or the options to buy. With CredR, buying an EV becomes even simpler with consumers getting the advantage of not worrying about the older two-wheeler they own. We see this as a very strategic partnership as we add more brands."

CredR is India’s most trusted and only omni-channel consumer brand for buying and selling used two-wheelers. Founded in 2015, CredR, aims to simplify the entire process of transacting in used two-wheelers, by offering industry’s-first-in-class products/ services for building trust in a segment which is highly unorganized and fragmented. The company operates India’s first and largest chain of CredR branded retail showrooms across major cities like Pune, Bengaluru, Delhi NCR, Jaipur, Kota, and Hyderabad through the franchise model. These showrooms offer customers with a wide range of used refurbished two-wheelers at the best prices. Using its proprietary technology and full-stack vertically integrated business model, CredR is revolutionizing the entire customer experience.

The company is backed by marquee blue-chip funds such as Eight Road Ventures (Fidelity's proprietary investment arm), Omidyar Network, AngelList, K Ganesh (GrowthStory) and angel investors like Amit Agarwal (CEO, Amazon India), Rohit Bansal, Kunal Bahl, Sameer Sawhney and Deb.

BLive is India’s first EV experience platform, offering experiential tours on E-bikes through EV tourism and driving easy ownership of electric two-wheelers through their online EV store.

Blive has long term partnerships with hospitality partners like Club Mahindra, Taj, Marriott, Hyatt etc. and Tourism boards like Goa and Pondicherry. BLive was recently awarded TripAdvisor Traveler’s Choice (Among Top 10% Experiences in the World) in 2020 and in a short period has successfully delivered E-bikes through their Online Store to 28 cities across India.

Kabira Mobility set to Launch 02 Hi-Speed Electric Bikes for Indian Markets

VERNA, India, Jan. 11, 2021 /PRNewswire/ -- Taking over the electric bike market in India, Kabira Mobility is set to launch KM 3000 and KM 4000 electric bikes nationwide in the month of February 2021 with first-of-its-kind and completely 'Made in India' high speed Electric Bikes with no range anxiety. Pre-bookings are now open at www.kabiramobility.com

Equipped with Combi-brakes, best in class range, fast charging on board, roadside assistance, these electric bikes from Kabira Mobility are as appealing as compared to IC motorbikes in terms of style and performance. Kabira Mobility Electric bikes sport modern design with sleek aerodynamic profile, fireproof battery, park assist and many smart & exciting features.

Featuring a DeltaEV BLDC Motor, the electric bikes can achieve a top speed of 120kmph and a riding range of 150 km on a single charge making it best in class.

Headquartered in Goa-India, Kabira Mobility is an electric vehicle start-up that has one of the biggest manufacturing Facility in Goa & Dharwad, Karnataka.

Kabira Mobility is focused on making Electric Vehicles that are practical, aesthetical, affordable and sustainable for the Indian market. The R&D team has spent a notable amount of 2 years on developing the product that is finally set to hit the market.

Kabira Mobility launched 6 Electric Scooters in AutoExpo 2020 - Greater Noida, which are suitable for college students, executives, last mile delivery fleet and it has an electric scooter that is specifically designed and developed for inclusiveness of specially-abled.

These 6 scooters received an overwhelming response from the audience that accolades them with reliability, performance and good customer service.

Mr. Jaibir Siwach, CEO of Kabira Mobility said, "These electric bikes were a distant vision when we started our product development journey in Goa in 2018, but they are now a reality and have turned out to be more magnificent than what we had imagined."

• KM 3000 debuts as an 'Electric Sports Bike'
• KM 4000 debuts as an 'Electric Street Bike' 

These bikes come as one of the biggest breakthrough in 2021 for the Electric Vehicle Industry in India, right from its conception to launch. Kabira Mobility has exceeded its own vision for Electric Vehicle future in India.

About Kabira Mobility

Kabira Mobility envisions having a go-to-market strategy by following e-commerce and dealership model. With a team of automobile veterans, Kabira Mobility has set its eye to expand across the country and worldwide.

For more information, visit www.kabiramobility.com

Detel disrupts EV Industry with the launch of its first‘World’s Most Economical’ Two-Wheeler Electric Vehicle- Detel Easy at Rs.19,999

The company has also partnered with Bajaj Finserv for EMI Finance scheme

Detel, a trustworthy and value for money consumer electronic brand famously known for launching world’s most economical feature phone at Rs 299 and worlds most economical LED TV at Rs 3999 announces the launch of a Two-Wheeler EV- Detel Easy. The company has launched its product at Rs, 19,999 + GST which makes it a World’s Most Economical e-Two-Wheeler. Detel has partnered with Bajaj Finserv for EMI Finance schemes for the customers.

The company has brought in fresh designs, ease of use, low maintenance, quick charging, and more features in its EV products at a disruptive price. Detel Easy is powered by a 6 Pipe controller 250W electric motor that offers a top speed of 25 km/h, hence one needs not to own a driving license or vehicle registration to operate this product making it a perfect choice for the teenagers and people who wish to travel short distances or run errands.

The newly launched EV is backed by advanced braking system drum brakes. Detel Easy supports 48V 12AH LiFePO4 Battery, that can be charged entirely in 7-8 hours and go up to 60 km at full charge with ideal conditions. The low-speed and reliable e-Two-Wheeler by Detel can accommodate 2 people and it also comes with a free helmet to ensure the safety of rider.

With the launch of Detel Easy, the company eyes to cater the teenagers across India. Customers can purchase the product from www.detel-india.com and for trade partners, resellers and bulk orders, the product is available on India’s first hybrid E-Distribution platform www.b2badda.com

Commenting on the development, Mr. Yogesh Bhatia, Founder & CEO, Detel says, “We are extremely happy to announce the launch of our World’s Most Economical DetelEV Two-Wheeler. The EV industry in India is emerging on account of various factors such as the growing awareness toward the environment, increasing petrol prices, and stringent emission norms etc. Also, with the recent announcement by Delhi Chief Minister Shri Arvind Kejriwal on the launch of new 'Electric Vehicle Policy' that is aimed at boosting the economy, reducing pollution levels and generating employment in the city, we feel that the consumption of electric vehicle will go up now than ever."

“This addition in our portfolio will be our first step in our endeavor of reducing vehicular pollution in the cities and increase the penetration of EV as intended by the people and various state governments”, he further added.

Detel Easy will be available in 3 trendy colors - Jet Black, Pearl White & Metallic Red. The product’s build makes minimal use of plastics to make it an environment-friendly vehicle. Detel Easy is extremely practical yet trendy, with an aesthetic design making it the right product for the Indian market.

Detel is confident to drive the vision of greener and cleaner future as the company further move ahead into a new era of providing sustainable mobility solutions to align with governments’ vision to electrify all vehicles in the country by 2030.

About Detel:                                                                                                  

Detel, a trustworthy and value for money start-up that manufactures TVs, Feature Phones, and Accessories keeping the affordability aspect intact. Founded in the year 2017, the brand has launched the world's most economical products in Feature phone and TV categories with an aim to connect 40 crores unconnected. 

The company has recently forayed in PPE space with its sub-brand DetelPro to augment the supply of PPE products amidst a growing demand to fight COVID-19 crisis. 

DETEL ensures the best quality for its product that trickles down from their extensive Research and Development to the Manufacturing, Testing, and Supply at economical pricing. Their products are making a mark in India in terms of Quality and Pricing.

One Electric® Announces the Launch of their Electric Motorcycle - KRIDN®

One Electric today announced the launch of their high-speed Electric Motorcycle KRIDN(Sanskrit meaning To Play pronounced Kree ndash; Done).

Developing this motorcycle for the past 2 years the One Electric; team has designed and manufactured it specifically for the demanding Indian Road conditions.

We have partnered with Leading Manufacturers for best quality components like tyres suspension lighting system and seat. This ensures that the ride quality functionality and durability of our Bike matches any 125cc Motorcycle on Indian roadssaid Abhijeet Shah COO of One Electric;.



This motorcycle has a top speed of 90 Kmph a certified range of 120 Km per charge and will be a comfortable city commuter.

Our locally developed and manufactured heavy duty chassis is designed to match our electric drive train requirements and also to ensure long life on tough road conditions.The battery motor and controller are also designed to provide high power and speed along with ample range for city commute said Gaurav Uppal CEO of One Electric;. Besides the chassis the fuel tank and the seat have been designed In-House by the One Electric; team with a patent pending for the design of the motorcycle.

Based in Noida Delhi NCR the One Electric; team includes EV businessmen and Engineers with extensive experience in EV drive trains Motorcycle manufacturing Electric 2-wheeler manufacturing and QC.

The motorcycle is planned to be launched in Delhi NCR by March 2020 followed by Pune Jaipur Hyderabad Bangalore and Chennai.

Detailed specifications along with pictures will be released shortly.

One Electric Motorcycles www.OneElectric.in

Electric 2-Wheeler Makers Learning to Survive without Subsidy, FAME II Not Worked: SMEV

Mass segment electric two-wheeler makers are learning to "live without government support" as FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV.

The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "shock" when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don't qualify for incentives at heavy discount but incurring losses in the process.

"Industry got a big shock when FAME II started. People are now learning to survive without government assistance to some extent at least. The result of this is that subsidised vehicle sales have dropped drastically but industry sales has not dropped," SMEV Director General Sohinder Gill told PTI.

He was responding to a query on the impact of FAME II on the electric two-wheeler market.

Gill further said, "If it was only customer-incentivised vehicles (under FAME II), the industry would have totally collapsed."

As per SMEV data, sales of FAME II qualified electric two-wheelers in April-December 2019 period stood at just 3,000 units as against 48,671 units in the year-ago period when FAME I was in place, a decline of 93.84 per cent.

On the other hand, as per industry estimates, non-subsidised electric two-wheeler sales stood at 49,000 units during the period as compared to around 10,000 units in the year-ago period when FAME I was in place.

"What happened was that many players came with alternate products and models and tried to make some business out of it. Prices of subsidised products have become very high so the industry had to resort again to bring mid- and entry-level products to get volumes with heavy discounts," he added.

Gill said many companies are now making more losses than earlier.

Expressing similar views, Hero Electric Managing Director Naveen Munjal said that technically one year has almost been "wiped out from our balance sheet" and the company is only going ahead as it makes senses "in the long run and in the bigger scheme of things but we are bleeding in the process".

Pointing out that FAME II hasn't met its objective, Gill said, "Market should have shifted towards higher speed and greater performance, which has not happened."

He further said, "In the current avatar of FAME II, you will find volumes (for incentivised electric two-wheelers) very very low."

Gill, however, expressed optimism that from next year onwards volumes will start coming back in a much better way "not because of government incentives" but due to the business models that companies have pursued such as focussing on low- and mid-range models, and B2B deliveries.

He said the government needs to have a rework on FAME II, especially eligibility criteria based on range and battery power while also relaxing localisation level, which will be 75 per cent from March this year, up from 50 per cent since March 1, 2019.

"Internal combustion engine vehicles, even after 40-50 years have not reached 75-80 per cent localisation. So in electric mobility they expect that 75 per cent must be localised from March 1, 2020," Gill lamented.

He cautioned that if "FAME II is not reworked, industry will bottom out".

"They will still get volumes but subsidised products will be very less. The market will continue to sell products, which are liked by customers which are low- and mid-speed range," he said. PTI RKL

Amritsar based eBikeGo Rental Startup Raises $300K in Funding led by Startup Buddy

eBikeGO, an electric two wheeler rental start up has raised $300,000 as part of its recent funding round led by Startup Buddy.

The round also saw participation from other investors like Singer Sukhbir Singh, Rajesh Sawhney (Co-Founder of Innerchef), Rohit Chanana (Founder, Sarcha Advisory), Siddartha Ahluwalia (Founder of 100x Entrepreneur), Boudhik Ventures, Milind Garud, Arun Gholap, Shantanu Vinekar and other senior corporate executives.

Amritsar based eBikeGo is now expanding to four other cities Mumbai , Bangalore , Hyderabad and Pune with the increasing demand and also increasing their fleet in cities they are already in. They are also working to expand the service network in different parts of the city to provide a solution for the customers and business partners using the two wheelers.

eBikeGo also hopes to expand its network to include Chennai, Kochi and Kolkata in the near future.

eBikeGo is India's leading electric two wheeler rental platform that provides economical and environmentally friendly fleet solution for last mile delivery. The founder, Irfan Khan, saw an opportunity for reducing 2w emissions and raised some capital from friends and family to start this company in Amritsar. After excellent initial response, the company expanded to four cities in two years and is planning to expand in 8 cities in third year.

eBikeGo is working with different delivery companies to convert their fleet into electric and has successfully provided fleet solution to companies like Zomato, Delhivery, Ferns & Petals, Gostops etc.

“eBikeGo is solving the major problem of pollution in India by converting the fleet of petrol two wheeler to electric, and at the same time it is helping driver to increase their take home income by more than 25%. This is the part that interested me most.” said Amit Singal, founder of Startup Buddy

“eBikeGo is also addressing duel problems of pollution control and employment generation. It intends to save about 21 Mn Tons of emissions, in next 5 years, coming out of petrol bikes on one hand and aiding employment of deserving youths who do not have to own a bike to gain employment” said Milind Garud of Midas CFO.

“eBikeGo has contracts signed with multiple companies and has letters of interest from many others to provide fleet. Thus eBikeGo plans to go to pre series fund raising round very soon to meet the rapidly growing demand.” Said Irfan Khan, founder of eBikeGo

Hero Cycles to Launch Electric Bicycle 'Lectro' in the UK

Hero Cycles Monday said it will launch its electric bicycle brand Lectro in the UK in the coming months.

The company will use already existing distribution network through UK-based Avocet Sports, which it acquired in 2015, to make the product available in Britain and the EU, Hero Cycles said in a statement.

"Over 45,000 units of Lectro are likely to be exported over the next few months with the product widely expected to find resonance among the British consumers," it said.

As an innovative electric-bicycle, Lectro is expected to strike a chord with a wide variety of consumers in the UK/EU -- from office goers to youth to the elderly, Hero Cycles Ltd Chairman Pankaj M Munjal said.



"The fact that it requires no charging stations has been a major factor in propelling its popularity since there is no range anxiety associated with it," he added.

The company said Lectro has been designed at its global design centre in Manchester in accordance to European taste and preference.

Lectro is currently available in India with price starting at Rs 18,999 and going up to Rs 26,999. It is manufactured at the company's Ludhiana facility.

Hero Cycles further said it is also in talks for possible collaboration with a few Japanese manufacturers for partnership in electric drive units to upgrade overall usage experience of its customers. PTI RKL

India Releases ​$1.45 Bn worth of Action Plan for E-Vehicles; Ban on IC-based 2-Wheelers from 2025

India, under its "National Mission for Transformative Mobility and Battery Storage" initiative, has formulated an action plan to run electric two-wheeler and three-wheeler vehicles. The action plan formulated by NITI Aayog has proposed to ban all IC (internal combustion) engine powered two-wheelers and three-wheelers in India. The ban on IC-based two-wheelers will start in 2025 and for hree-wheelers the ban will start in 2023.

This information was given by Mr. Nitin Gadkari, Union Minister for Road Transport & Highways in response to a question in Lok Sabha today.

For the promotion of electric mobility in the country, the Department of Heavy Industry has notified Phase-II of the FAME India Scheme [Faster Adoption and Manufacturing of Electric (& Hybrid) Vehicles in India], vide S.O. 1300 dated 8th March 2019, with the approval of Cabinet with an outlay of Rs. 10,000 crore (~ US$1.45 Bn) for a period of 3 years commencing from 1st April, 2019.

The Phase-II of the FAME-India Scheme is proposed to be implemented through the following verticals:

1. Demand Incentives - The important components of the Scheme which directly help in demand generation of electric vehicles (e-vehicles).


2. Establishment of network of charging stations.


3. Administration of the Scheme including Publicity, IEC (Information, Education & Communication) activities.

The following categories of Vehicles will be eligible for Demand Incentives:

• e-Bus


• Four Wheelers (Electric, Plug in Hybrid and Strong Hybrid) (e-4W).


• Three Wheelers (Electric) including Registered E-Rickshaws / e-Carts (e-3W)


• Two wheelers (Electric) - (e-2W)

In the e-3W, e-4W and e-Bus segments, incentives will be applicable mainly to vehicles used for PUBLIC transport or those registered for COMMERCIAL purposes. However for e-2W segment, incentives are also applicable for privately owned vehicles in addition to those used for public transport or for commercial purpose.

Eligibility for Incentives

The Incentives shall be available for buyers (end users/consumers) in the form of an upfront-reduced purchase price to enable wider adoption, which will be reimbursed to vehicle manufacturers by Govt. of India.

• For individual beneficiaries, not more than one vehicle of particular categories will be incentivized.


• The incentives would be reviewed annually or earlier by the Project Implementation & Sanctioning Committee (PISC).


• All models eligible for demand incentives will be eligible for three year comprehensive warranty including Battery.


• Demand incentives for e-buses will be provided only on operational model (OPEX) and will be delivered though State/City Transport Corporations (STUs).


• Under the action plan, it is proposed to restrict Demand incentives to vehicles with ex-factory price less than a particular threshold value as defined in the Annexure 2 of scheme notification.

Vehicles which comply with the FAME India Phase-II eligibility criteria, will be considered under this scheme, and for this all the vehicles need to be registered under CMVR, 1989 for becoming eligible for reimbursement of demand incentives.

It is proposed to extend uniform demand incentive @ INR 10,000/- per KWh for all e-vehicles (including PHEV and Strong Hybrid) except e-Buses. For buses, uniform maximum demand incentive @ 1NR 20,000/- per KWh is proposed, which is further subject to competitive bidding amongst the OEMs.

All vehicle models approved under FAME India scheme Phase 11, will have to undergo Conformity of Production COP test for all the eligibility parameters by recognized testing agencies at least once a year.

FAME-II certificate will be valid for one year (April to March). All vehicle models approved under this Scheme, will have to submit re-validation certification to DHI/N AB at the frequency of one year as per clause 2.14 & 2.15 above, complying to the FAME India Phase II eligibility parameters. Such OEM will proceed for re-validation after ensuring the compliance to the latest notifications as per CMVR, 1989, by testing agencies recognized under rule 126 of CMV, 1989 and Administrative procedure as per FAME India Scheme Phase-II document.

Source - Press Information Bureau, Department of Heavy Industries Notification (PDF)

Amritsar Startup Launches India's 1st Platform Offering Electronic Mode of Transportation 'eBike'

Amritsar, Punjab-based startup eBike is claiming to have launched India's first ever platform offering electronic mode of transportation which runs for around 200 kms after an electronic charge for about 2 hrs and makes the daily movement zippy with a speed of 75 km/ hr. eBike targets to have their services in 30 cities (100 clusters) within the next one year. The start-up aims to reduce 2-3% of the pollution through this unique eco-friendly electric mobility solution.

According to Dr. Irfan Khan, Founder Director of eBike, “eBike is a fresh concept, answering the major yet untouched concerns of growing India. The social responsibility towards betterment of nation has prompted us to start eBike. The air quality of the national capital continues to be hazardous. With the introduction of eBike, we hope to bring down the level to atleast 2-3% in a short period of time. We are using biodegradable batteries so that further pollution can be reduced in the eco system. We will be providing this eco-friendly services in 3 broad categories viz. eBikeTaxi, eBikeRental and eBike Delivery."

eBike is also India's first ever electric bike rental / taxi / delivery platform that provides economical and environmentally friendly travelling option for everyone. Revenue is generated through rental services for tourists and customers, taxi rides through mobile apps and also through tie-ups with logistic delivery providers. It is aligned with the Smart City mission.

eBike will establish a wide network across the country. It aims at quashing the notions like pollution, mobility, convenience, cost, etc. by implementing a smooth operational model through its Mobile Apps (eBikeTaxi) and Online Booking (ebikerental.in). The company has come up with innovative ideas to create a unique identity for itself.

eBike is a fresh concept, answering the major yet untouched concerns of growing India. Our team of Green Collar Tech Enthusiasts aims at striking a balance between the fast paced competitive life of young Indians while at the same time taking care of and being responsible for our environment. Operated by bio-degradable Lithium Ion Batteries, these bikes can be charged at a highly affordable cost. The batteries are detachable, so its not even necessary to take the vehicles for charging.

Major segments covered by eBike are as follows:

eBike Taxi meant for individual travellers, is driven by a licensed, experienced and registered driver. It offers the convenience of pick and drop destinations in an easy, comfortable and affordable way.

eBike Rental service offers highly efficient Okinawa electric Scooters. A person who has a valid driving license can get eBike for rent, from few hours to few days, depending upon their requirement. It's a great option for students, office executive and women who go out to pick & drop their children, go shopping & simply go out for strolling.

eBike Delivery is the extension of eBike Taxi where the company will tie up with well-known food delivery providers to deliver food to customers in an eco-friendly way.

China's No.1 Electric Vehicle Firm Sunra to Open Manufacturing Plant in India

The Chinese Electric Vehicle (EV) company, Sunra, which boast of being No.1 in sales volume in the world, is expecting India to be the world’s biggest market for electric bikes, so the firm is planning to set up its manufacturing facility in India.

Sunra's General Manager Victor Lu told news agency IANS that the company is studying the EV policies in India and want to set up a factory in India, most likely in Bangalore.

According to Victor, India will outpace China in four or five years in terms of demand for electric vehicles. "We see India as the world's biggest market for e-bikes and we want to tap into it. There is a so much pollution in Delhi and other Indian cities. People would switch to e-bikes very soon," he said.

There are six models of Sunra that are being tested under Automotive Research Association of India (ARAI), the apex Industry body representing leading vehicle and vehicular engine manufacturers in India. Additionally, the Chinese firm has already partnered with 16 small firms in Delhi, helping these small firms in assembling electric bikes.

Sunra has been exporting e-bikes and its spares to 70 other countries including India. Currently, Sunra makes 20 percent of e-bikes in India and are planning to take the percentage level to 80.

Sunra already has a presence in India as it exports batteries, other spares parts and e-bikes to the country.

Founded in 1999, Sunra is a large-scale civilian-run joint-stock listed company, specializing in the R&D, production and distribution of electric vehicles and key spare parts and components.

[caption id="attachment_126414" align="aligncenter" width="700"] Miku Max - an electric scooter from Sunra[/caption]

Sunra's Miku is an electric scooter from the the company which has a European EEC certificate and has a high quality 800 watt Bosch electric motor and a 20 Ah removable Lithium battery for a range of 60 km.

Sunra is now a leader in Chinese Electric Vehicle Industry, owning 6 major production bases in Wuxi（Headquarters, Tianjin, Dongguan, Xiangyang, Henan, Xuzhou in China. according to Sunra website, the company has a total of more than 5,000 employees including 500 engineers, total asset of RMB 1.3 billion (~ US$189 Million), and annual production capacity of 4 million electric vehicles of various models that include Electric Bicycles, Electric Scooters, Electric Motorcycles, Electric Tricycles as well as Electric cars.

[Source - Economic Times, SunraEV.com]

Smartron Launches India's 1st Smart Crossover Electric Bike for ₹49,999

Sachin Tendulkar-backed firm Smartron, has announced the launch of India’s first smart crossover electric bike -- Tronx One, by its subsidiary Tronx Motors. Comes with a introductory price tag of Rs. 49,999, the new e-bike is touted to be India's first smart crossover electric bike.

The shipping of e-bike will commence from 16 July for the first batch of customers who have pre-booked their e-bikes, said the Hyderabad-based company in a statement to a daily. Smartron has started accepting bookings for the Tronx One here.

Available in two color -- Magma Red and Pacific Blue, the e-bike claims to deliver a maximum speed of 25 kilometers per hour. On a single charge of its detachable 36V 13.6 Ah Lithium 500 W battery powered by Samsung cells, it is rated to provide power for up to 70 to 85 kilometers.

To enable a connected experience, the bike also works with an integrated companion app - tbike, that allows to sync the ride data with the companion app; switch ride modes from the integrated display button pad, and lets riders estimate range and even set fitness goals directly from a smartphone.



The crossover e-bike comes with multiple ride modes and Virtual Gears coupled with 3 Electric Gears and 6 speed Shimano Shifters which are enabled to extend and adjust the range and speed of the bike, letting you take seamless control over your ride. The mid step-thru frame is made for basic comfort and ease of users and is also ergonomic and adaptable for anyone who rides it. TRONX ONE is built on a premium AEROGRADE ALLOY frame material which is used in the construction of aircrafts and is rust proof.

Also Read - China’s Letv Launches IoT-Enabled Bicycle In India

Tronx Motors has partnered with service and care partners across 9 select cities- Mumbai, Goa, Pune, Ahmedabad, Delhi-NCR, Chandigarh, Chennai, Bangalore & Hyderabad - where the bike will first be available for consumers to try and ride as well, based on appointment slots.

Anoop Nishanth, Founder & CEO, Tronx Motors said “TRONX ONE is developed in India by a passionate team of designers and engineers and we are very excited to launch it for Indian consumers. With unique features such as advanced detachable lithium battery technology powered by advanced Samsung cells which is designed to carry and charge, the product is an ideal companion for the consumer as it offers a powerful and fun riding experience powered by the tronXTM ecosystem. We are receiving great initial response from the market and have already closed the first batch of pre-bookings. We aim to bring globally competing Design & Engineering with advanced and affordable technology to India in our upcoming products. Our next step is to ensure seamless shipping and delivery of the TRONX ONE to the consumers and our team is focused on that.”

tronX is India’s first AI-powered IoT platform and through this partnership, Smartron will extend all capabilities of tronX™ to the users of the Billion Capture+ devices in the future.

Source - ZigWheels | NDTV Gadgets360

Smartron Launches India's 1st Smart Crossover Electric Bike for ₹49,999

Sachin Tendulkar-backed firm Smartron, has announced the launch of India’s first smart crossover electric bike -- Tronx One, by its subsidiary Tronx Motors. Comes with a introductory price tag of Rs. 49,999, the new e-bike is touted to be India's first smart crossover electric bike.

The shipping of e-bike will commence from 16 July for the first batch of customers who have pre-booked their e-bikes, said the Hyderabad-based company in a statement to a daily. Smartron has started accepting bookings for the Tronx One here.

Available in two color -- Magma Red and Pacific Blue, the e-bike claims to deliver a maximum speed of 25 kilometers per hour. On a single charge of its detachable 36V 13.6 Ah Lithium 500 W battery powered by Samsung cells, it is rated to provide power for up to 70 to 85 kilometers.

To enable a connected experience, the bike also works with an integrated companion app - tbike, that allows to sync the ride data with the companion app; switch ride modes from the integrated display button pad, and lets riders estimate range and even set fitness goals directly from a smartphone.



The crossover e-bike comes with multiple ride modes and Virtual Gears coupled with 3 Electric Gears and 6 speed Shimano Shifters which are enabled to extend and adjust the range and speed of the bike, letting you take seamless control over your ride. The mid step-thru frame is made for basic comfort and ease of users and is also ergonomic and adaptable for anyone who rides it. TRONX ONE is built on a premium AEROGRADE ALLOY frame material which is used in the construction of aircrafts and is rust proof.

Also Read - China’s Letv Launches IoT-Enabled Bicycle In India

Tronx Motors has partnered with service and care partners across 9 select cities- Mumbai, Goa, Pune, Ahmedabad, Delhi-NCR, Chandigarh, Chennai, Bangalore & Hyderabad - where the bike will first be available for consumers to try and ride as well, based on appointment slots.

Anoop Nishanth, Founder & CEO, Tronx Motors said “TRONX ONE is developed in India by a passionate team of designers and engineers and we are very excited to launch it for Indian consumers. With unique features such as advanced detachable lithium battery technology powered by advanced Samsung cells which is designed to carry and charge, the product is an ideal companion for the consumer as it offers a powerful and fun riding experience powered by the tronXTM ecosystem. We are receiving great initial response from the market and have already closed the first batch of pre-bookings. We aim to bring globally competing Design & Engineering with advanced and affordable technology to India in our upcoming products. Our next step is to ensure seamless shipping and delivery of the TRONX ONE to the consumers and our team is focused on that.”

tronX is India’s first AI-powered IoT platform and through this partnership, Smartron will extend all capabilities of tronX™ to the users of the Billion Capture+ devices in the future.

Source - ZigWheels | NDTV Gadgets360

Bharat Forge To Invest ₹300 Mn for 45% Stake in eVehicle Startup TORK Motors

Auto components major Bharat Forge will make a strategic investment of up to Rs 300 million to acquire 45% stake in Pune-based electric vehicle (EV) startup TORK Motors, reported Live Mint. Notably, Bharat Forge is also based out of Pune.

Tork is an e-vehicle startup focused on electric two-wheelers and premium electric motorcycles.

Bharat Forge will acquire stake in the startup in three tranches based on achieving various milestones from time to time.

"The investment committee of the company has approved the acquisition of 4,736 equity shares of Rs 10 each at a premium of Rs 21,103 each and 2,841 preference shares of Rs 100 each at a premium of Rs 21,013 as an initial subscription," Bharat Forge said in a BSE filing.

In a separate filing, the company said it will make a strategic investment of up to Rs 300 million for acquisition of 45 per cent stake in TORK. The company will acquire stake in three tranches based on achieving various milestones from time to time.

Tork was founded by Kapil Shelke, a mechanical engineer with a passion for racing. Shelke has built five motorcycle prototypes at Tork.

In April 2016, TORK had raised angel funding for an undisclosed amount from a host of marquee investors including Ola founders Bhavish Agarwal, Ankit Bhati and a group of angels led by Harpreet Grover, the chief executive and co-founder of CoCubes.

Thereafter, in September 2016, the startup unveiled India's first all-electric motorcycle - T6X, which has been priced at Rs. 1,24,999.

The other electric two-wheeler startups with which TORK competes are -- Bengaluru based Ather Energy and Emflux, Hyderabad based Tork Motorcycles, and Ampere Vehicles. All these startups specifically Ather Energy are well funded.

The demand for electric two-wheelers is expected to be around 1.3 mn by 2020-21, according to industry estimates.

In May 2017, Indian government released a report called Transformative Mobility Solutions for India, which carried recommendations of how the Indian subcontinent should electrify all its vehicles by the end of year 2032. Along with suggesting an all-electric fleet on Indian roads by 2032, the report also suggests decreasing the taxes and interest rates for loans on electric vehicles.

Bharat Forge To Invest ₹300 Mn for 45% Stake in eVehicle Startup TORK Motors

Auto components major Bharat Forge will make a strategic investment of up to Rs 300 million to acquire 45% stake in Pune-based electric vehicle (EV) startup TORK Motors, reported Live Mint. Notably, Bharat Forge is also based out of Pune.

Tork is an e-vehicle startup focused on electric two-wheelers and premium electric motorcycles.

Bharat Forge will acquire stake in the startup in three tranches based on achieving various milestones from time to time.

"The investment committee of the company has approved the acquisition of 4,736 equity shares of Rs 10 each at a premium of Rs 21,103 each and 2,841 preference shares of Rs 100 each at a premium of Rs 21,013 as an initial subscription," Bharat Forge said in a BSE filing.

In a separate filing, the company said it will make a strategic investment of up to Rs 300 million for acquisition of 45 per cent stake in TORK. The company will acquire stake in three tranches based on achieving various milestones from time to time.

Tork was founded by Kapil Shelke, a mechanical engineer with a passion for racing. Shelke has built five motorcycle prototypes at Tork.

In April 2016, TORK had raised angel funding for an undisclosed amount from a host of marquee investors including Ola founders Bhavish Agarwal, Ankit Bhati and a group of angels led by Harpreet Grover, the chief executive and co-founder of CoCubes.

Thereafter, in September 2016, the startup unveiled India's first all-electric motorcycle - T6X, which has been priced at Rs. 1,24,999.

The other electric two-wheeler startups with which TORK competes are -- Bengaluru based Ather Energy and Emflux, Hyderabad based Tork Motorcycles, and Ampere Vehicles. All these startups specifically Ather Energy are well funded.

The demand for electric two-wheelers is expected to be around 1.3 mn by 2020-21, according to industry estimates.

In May 2017, Indian government released a report called Transformative Mobility Solutions for India, which carried recommendations of how the Indian subcontinent should electrify all its vehicles by the end of year 2032. Along with suggesting an all-electric fleet on Indian roads by 2032, the report also suggests decreasing the taxes and interest rates for loans on electric vehicles.

Meet Spero, India’s First Crowdfunded Eco-Friendly Electric Bike

The environment problem is real, and its high time that the citizens of the Earth start taking a stock of their actions and really do something to fish the world out of this crisis. It is for sure a problem that will take a long time to get solved but in order to reach there, the mankind needs to start with small-small steps everyday. Spero, India's first crowdfunded eco-friendly electric bike is a step in that very direction.

Manufactured by Milltex Engineers, a Coimbatore based company, the Spero electric bike offers a smart alternative for the current urban commutation problems. Though light in weight, the e-bike isn't particularly light on pocket. The base Spero model starts at an expensive Rs. 29,900.

The central idea behind Spero is quite simple. The makers wanted to manufacture a powered bicycle which is small and lightweight, hence very portable to use. For people who use their motorcycles/cars to get to the metro/train stations, this can serve to be a suitable alternative option.

Massive adoption of the Spero can have a real, significant effect on the current traffic congestion, pollution problems faced almost daily by the urban population and might even improve general public health by propagating a healthier and active lifestyle.



The company recently concluded the first crowdfunding campaign for the high-powered electric bike and raised INR 38,65,000 from 147 funders, way more than its goal of INR 30 Lakhs. The second campaign is currently LIVE and one can book themselves a Spero e-bike through this second campaign. With 56 days remaining, the second round of crowdfunding campaign has currently raised INR 97,200 of its goal of INR 15,00,000.

Running on a 48KV lithium-ion battery with a two-year warranty, the 5-Speed electric Gear shift bike can reach its top speed of 25kmph in mere 10 seconds, when the motor is running. Further, the biggest relief is that the battery is detachable and hence can be charged by anyone, anywhere. According to claims of Milltex Engineers, the battery charges from 20 to 80 percent in just six hours.

The e-bike comes in 3 models:

• E-30 – Has a range of 30 kms on a single charge (available only in MEN'S model)


• E-60 – Has a range of 60 kms on a single charge (available in both MEN'S & UNISEX models)


• E-100 – Has a range of 100 kms on a single charge (available only in MEN'S model)

Price:

The price of the eBike ranges from Rs.55,000 for its base model to Rs.84,900 however one may get the Spero at 45% leeser price in its second crowdfunding campaign here. Prices indicated include cost of delivery.

The idea for the e-bike was conceived and developed by 36-year old, Manikandan, an MBA having ample experience in the manufacturing realm.

The bicycle, which is a result of three years of intense research and development, can be considered as another brilliantly executed ‘Made in India’ story, well almost. According to the company, the e-bike has been made with with a judicious mix of materials that were locally sourced and some key imported components –such as the motor and the tyres come from partners in Korea and the battery comes from Samsung.

So, would you consider booking a Spero for yourself? Do tell us in the comments below.