Top E Bike Startups in India: Ride into the Future
Do you know? India is trending top regarding Startups, and E Bike Startups are one of them. As India is taking a step forward in reducing pollution, e bikes are gaining drastic popularity and can replace the necessity of petrol-powered bikes. With the rapidly increasing number of e bikes in India, many companies have started launching e bikes in our country that offer excellent features and are pocket friendly for most people who want to earn their living. Here, we will talk about some of the Top E Bike startups in India.
They all play a crucial role in the Indian economy by providing a source of revenue to the government. The competition of startups is very high and tough when we talk about electric vehicles. E-bikes can emit CO2 at a rate of 24.4 million metric tons. Let’s know more about Top E Bike Startups in India.
Some Top E Bike Startups in India
OLA:
OLA S1: The company launched its first e-bike in India on 15 August 2021. The founder of ola electric mobility is Bhavish Aggarwal. It has generated over USD 200 million from Tekne Private Venture, Alpine Opportunity Fund, Edelweiss, and others. And now it is going to launch 5 Top E Bike startups in India. OLA S1 has a speed of around 95 km/hr. It costs about Rs.1 lakh, and on a single charge, it can go up to 141km. Ola has a battery capacitor of 4 KW. In addition, it provides 3 different riding facilities: eco, regular, and Sports modes.
OLA S1 PRO has launched its modified version, which is the ola s1 pro. It has better features than the previous one. Along with this, it has a top speed of 116 km/h and can go up to 181km after a full battery charge. It is available in 10 different colors. Most of the things are similar except the battery, which is more powerful and effective now. You can ride it in four modes: eco, normal, sport, and hyper. It will cost Rs. 1.4 lakhs.
Revolt:
In terms of Top E Bike startups in India, the founder of Revolt Motors is Rahul Sharma, also the co-founder of Micromax. He is an Indian entrepreneur. It is the first start-up in India of AI-based electric bikes. The company has generated funds of 150 crores.
RV400: India’s first AI-enabled e bike. It has an amazing feature for charging the battery; it can be fully charged in just 4.5 hours. Moreover, it can go up to 150 km on one charge. It has a top speed of 85 km/h. The RV 400 has four different types of sound and AI-enabled technology. It has amazing features like a charging station locator, battery status, and the most important one, the geolocation of the bike. The price goes up from Rs 1 lakh to 1.6 lakhs.
PURE EV: Established in 2015. The founder of Pure EV is Dr. Nishanth Dongar, and the co-founder is Rohit Vadera. The total amount of funding for pure EVs is $35 million. The top quality of this company is that they manufacture high-quality lithium batteries for their EVs. Currently, this start up has three EVs playing a major role in the Indian market.
ETRYST 350: It has the fastest bike in the segment of high-speed bikes, with a speed of 85 km/hr, and a full HD display screen, which is the best thing about this bike. The speed can go up to 140 km/hr on one full charge and it takes only 4 hours to complete the full charging process. The price goes up to Rs 1.5 lakh with amazing features.
ETRANCE NEO: It has an excellent range of 90–120 km, and the top speed of this e-bike is 60 km/h. It has a low cost in comparison to others 81k approx. It is a better version of ETRSY 350 with modified features. It is a more attractive and vibrant model of Revolt.
Ather:
The establishment of Ather became possible only in 2013. The founders of Ather are two IIT Madras alumni, Traun Mehta, and Swapnil Jain. They are Indian entrepreneurs who sell electric bikes. They are raising funds from companies like Flipkart, Hero MotoCorp, and many other leading companies.
ATHER 450 PLUS: In just 10 minutes of charging, you can ride 10 km. The top speed of this bike is 85 km/h. You will get an HD screen as well, which makes it more attractive. You can buy this for Rs 1.3 lakhs only.
ATHER 450X: The characteristics that make it different from the previous one are its wide range capacity, high power response for fast acceleration and speed, lengthy life, and instant charging features. It comes under FAME2 compliance and is qualified for a subsidy of Rs. 55500.
Conclusion
The government has set a target of 30% electric vehicle access by the year 2030, which seems to be achievable early as the demand is increasing day by day. Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME2) is providing policy stability to achieve its target. As we all know that India is a developing country, so this is an initiative to reduce pollution by being eco-friendly. These Top E Bike startups in India are working effectively and efficiently to achieve their target.
