EVTRIC Motors, an EV manufacturer, announced the release of its first motorcycle, priced at Rs 1.60 lakh (ex-showroom). It also announced that bookings for the e-bike, EVTRIC Rise, would begin on June 22 with a Rs 5,000 deposit. The motorcycle, which was unveiled recently at the company’s dealers’ meeting in Rajasthan, has a top speed of 70 km/h and can travel more than 110 kilometers on a single charge.
EVTRIC Motors is a part of Pune-based automation company PAPL. The company ventured into the 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.
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EVTRIC already has three electric scooters namely 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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“We are excited to bring our latest creation, RISE, our first ‘Make in India’ electric bike for the customers who are still otherwise hesitant to switch from internal combustion engine-powered vehicles to EV,” said Manoj Patil, Founder- MD, EVTRIC Motors.