This Startup Is Introducing Electric Bikes In Andaman And Nicobar

This Startup Is Introducing Electric Bikes In Andaman And Nicobar

SUMMARY

eBikeGo launched its high speed electric scooter eBikeGo Ampere Zeal

Ampere Zeal has a top-speed at 55 km/h and takes 5.5 hours to charge

The startup is currently present in Delhi, Amritsar, Jaipur, Jalandhar, and Agra

Amritsar-based electric bike rental company eBikeGo has expanded its operations to Andaman and Nicobar this week. The company launched its high speed electric scooter eBikeGo Ampere Zeal on the occasion of Independence day. The company claims that Ampere Zeal has a top-speed at 55 km/h and takes 5.5 hours to charge.

eBikeGo was founded by Dr Irfan Khan in 2017. The company procures its electric bikes from the Indian EV manufacturer Okinawa Autotech. The startup is currently present in Delhi, Amritsar, Jaipur, Jalandhar, and Agra.

The company generates revenue through tourist and customer bike rentals along with partnerships with logistic delivery providers. eBikeGo is aiming to capture 2% of the Indian electric two-wheeler market share in the near future, and plans to build a fleet of 200K bikes in 100 Indian cities.

Some notable partners of the company include Zomato, Delhivery, Go Stops, Ferns N Petals, Vpledge, Delhivery. Recently, it had also partnered with a Taiwanese electric scooter shared mobility platform UrDa to boost its expansion plans.

Dr. Irfan Khan, founder of eBike said, “Our major aim is to expand our operations pan India which makes India to adopt an eco-friendly means of transportation and also makes travel cheaper and efficient for the fast paced lives of modern Indians.”

It is to be noted that the industrial activities are scattered in these islands. Most of the industries are located in south Andaman especially near Port Blair.

The Indian government is also aiming to achieve at least 30% electric mobility by 2030. Electric two-wheelers account for a major portion of EV sales in India, so there’s a lot of buzz around e-bikes.

The Indian electric vehicle industry recorded sale of 7.59 Lakh units in India in FY2019 which included the sale of 1.2 Lakh two-wheelers, 6.3 Lakh three-wheelers and 3,600 passenger vehicle

India is the second-largest motorcycle market in the world, with sales dominated by basic commuters. More than 20 Mn two-wheelers were sold to domestic customers in 2017 – 18, making it the most popular vehicle category sold in India.

Another automobile company, Tork Motors have developed a cloud connected customisable electric motorcycle T6X, which is expected to be launched later this year. Tork’s motorcycle is said to have a range of 100 Km and will effectively cost INR 28 for one full charge as per the current electricity rates.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

This Startup Is Introducing Electric Bikes In Andaman And Nicobar-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

This Startup Is Introducing Electric Bikes In Andaman And Nicobar-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

This Startup Is Introducing Electric Bikes In Andaman And Nicobar-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

This Startup Is Introducing Electric Bikes In Andaman And Nicobar-Inc42 Media
This Startup Is Introducing Electric Bikes In Andaman And Nicobar-Inc42 Media
You’re in Good company