EVTRIC Motors launches e-bike priced at Rs 1.60 L

| | PTI
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EVTRIC Motors launches e-bike priced at Rs 1.60 L

Thursday, 23 June 2022 | Mumbai | PTI

 maker EVTRIC Motors on Wednesday said it has rolled out its first motorcycle priced at Rs 1.60 lakh (ex-showroom).

It also announced commencement of bookings for the e-bike -- EVTRIC Rise -- with an initial payment of Rs 5,000 from June 22.

The motorcycle, launched during the company’s dealers’ meeting in Rajasthan recently, has a top speed of 70 km/hour and can run over 110 km on a single charge.

EVTRIC Motors is a part of Pune-based automation company PAPL.

PAPL ventured into electric vehicle space last July with plans to invest Rs 100 crore in the business in a phased manner and roll out electric scooters, bicycles, bikes and three-wheelers.

EVTRIC already has three electric scooters -- AXIS, RIDE and MIGHTY -- in its product portfolio. These vehicles are being sold through a network of 125 touchpoints across 22 states.

Powered by a 2000 watt BLDC motor paired with a 70v/40ah lithium-ion battery, the e-bike gets fully charged within four hours with the accompanying 10amp micro charger which comes with the auto cut feature, the company said.

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