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eBikeGo

From EverybodyWiki Bios & Wiki



eBikeGo
EBikeGo EBikeGo Founders.jpg
Private Limited
ISIN🆔
IndustryElectric vehicles
Founded 📆2019; 5 years ago (2019) in Mumbai, India
Founder 👔Dr.Irfan Khan
Headquarters 🏙️,
Mumbai, Maharashtra
,
India
Area served 🗺️
India
Key people
Dr.Irfan Khan (Founder & CEO)
Hari Kiran (Co-Founder & COO)
Milind Garud(CFO)
Kedar Soman (CTO)
Production output
 (2022)
Services
  • Electric vehicle manufacturing
  • Electric vehicle distribution
  • Charging solutions
Members
Number of employees
🌐 Websitewww.ebikego.com
📇 Address
📞 telephone
🥚 Twitter{{#set:Twitter= }}

Think eBikeGo Pvt Ltd, (stylized as eBikeGo)[1], is an Indian electric vehicle[2] manufacturer headquartered in Mumbai, Maharashtra, India.[3][4][5] It was founded by Dr. Irfan Khan[6] and Hari Kiran[7] in 2019. eBikeGo has offices in major cities including Hyderabad and Zirakpur and is operational in 21 states across India. In 2020, eBikeGo signed Indian cricketer Harbhajan Singh as its brand ambassador.[8]

eBikeGo has a manufacturing facility located in Pune, Maharashtra. It currently manufactures electric scooters named MUVI 125 5G, CPX Pro along with other electric vehicles like electric motorcycles (TC Max), electric wheelchairs (WHILL), electric cycles (E1, E2, E3, E4), and electric foldable cycles (F1, F2).

eBikeGo raised $ 8.1million of funding during year 2019 to 2023.[9][10] Over the last three years, eBikeGo has also expanded its operations to Oman (UAE), Spain (Europe), and the USA.

eBikeGo was started as a bike rental service in 2019 and later acquired brands like MUVI[11][12] and Velocipedo. It is the official licensee of Acer in india for manufacturing of electric vehicles in India. Additionally, eBikeGo is an authorized partner of Whill in India. eBikeGo is focused on manufacturing sustainable electric vehicles in India and offers a charging solution named ChargeE.

History[edit]

2019-2020[edit]

eBikeGo was established in 2019 by Dr. Irfan Khan and Hari Kiran in Mumbai, initially as a bike rental service.[13][14] eBikeGo offered electric bikes on subscription in Mumbai, Bengaluru, Delhi, Amritsar, and Jaipur. During its oprational period, eBikeGo provided mobilty service to companies like Zomato, Swiggy, BigBasket, Shadowfax, Burger King, LaundryAnna and many others. In 2020, the company appointed Indian cricketer Harbhajan Singh as its brand ambassador.[15][16][17]

2021[edit]

Vajram Electric, a subsidiary company of eBikeGo was formed for the manufacturing and technological aspects of the products.The manufacturing setup is located in Pune, Maharashtra with annual capacity of producing 1,00,000 vehicles. Vajram Electric, is currently manufacturing vehicles like MUVI 125 5G, CPX PRO, TC MAX, SOLO, electric cycles like E1, E2, E3, E4 and electric foldable cycles like F1 & F2

eBikeGo acquired manufacturing and marketing rights for the European e-scooter Muvi as well as manufacturing rights for the electric trike Velocipedo from the Spanish automotive company, Torrot. Later that year, Alparslan Kutukcuoglu  joined eBikeGo as International Business Director and a member of the Supervisory Board.[18]

eBikeGo acquired Kustard Technologies (Founded by Javed Khatri[19]) to build Fleet Management System (FMS)[20] to empower delivery firms such as Amazon, Flipkart and BigBasket with updated technologies. Later launched EBG Matics, EBG Matics is a revolutionary technology which is unlike any other telematics device. It analyses rider and vehicle behaviour using AI and Machine learning to track and optimize efficiency for the user.[21]

2022[edit]

eBikeGo has acquired the rights to manufacture and market the smart electric trike ‘Velocipedo’ of a Spanish automotive company Torrot in India. With this, eBikeGo is planing to enter the luxury electric three-wheeler industry and aims to manufacture these scooters at its factory in Pune.

In October 2022, eBikeGo appointed Ivan Contreras as CEO to manage their international expansions, previously Contreras worked as CEO for the Spain-based electric two-wheeler manufacturer Torrot.[22][23]

2023-present[edit]

Japan-based personal mobility solutions provider WHILL entered into the Indian market with a strategic collaboration with electric eBikeGo. eBikeGo is the authorized partner for the manufacturing and distribution of e-wheelchair in India.

eBikeGo became the Acer Official Licensee for the manufacturing of the electric vehicles in India. eBikeGo plans to extend its operations across India with Acer Electric by covering 21 states by 2024 such as Jammu and Kashmir, Punjab, Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Delhi, Orissa, West Bengal, Chhattisgarh, Jharkhand, North East India, Bihar, Himachal Pradesh, Haryana.

In 2023 eBikeGo appointed former Captain of Indian Squash Team Aditya Jagtap on its Board of Directors.[24] The company also announced the launch of the brand 'MUVI' in international markets, selecting locations like Virginia, Barcelona, and Spain.[25]

Production[edit]

eBikeGo began its production facility in Pune, Maharashtra, in 2022[26] through its subsidiary Vajram Electric[27]  for the MUVI & Velocipedo brands. The annual production capacity of this plant is 100,000 units. It is spread over the area of 55,000 square feet area.[28] eBikeGo stated that Vajram Electric would manufacture multiple futuristic product portfolios of vehicles for both Indian and international markets.[29][30][31] in 2021 Vajram Electric raised $1.5 Million IN Seed funding.[32][33][34]

Funding[edit]

eBikeGo has received funding from many domestic & international investors from 2019 to 2023. In March 2023, a company from Kuwait named Al Tebah and a company from Oman named Muscat International Project Management & Services LLC invested in eBikeGo.[35][36]

Funding recived by eBikeGo
Date Funding Round Amount Raised Ref.
May 23,2022 Series A $4.15M [37][38]
Aug 30,2021 Seed Round $1.4M [39]
Feb 17,2021 Seed Round $1.5M
Mar 26,2020 Angel Round $400K
Nov 11,2019 Seed Round $300K

Acquisitions[edit]

eBikeGo has acquired[40] many Indian as well as International electric vehicles brands, also partnered with many companies including:

Torrot MUVI

In 2021 eBikeGo has acquired the manufacturing and marketing rights for European e-scooter Muvi from Spanish automotive company Torrot and aims to launch Muvi in India as well as United States and European Unions.[41][42] Muvi is an IoT and AI-enabled electric vehicle with well-connected features and can be easily controlled and monitored via a smartphone.[43]

Velocipedo

eBikeGo has acquierd the rights to produce the intelligent electric trike 'Velocipedo' from a Spanish automotive company, Torrot,[44][45] for the Indian market. This acquisition enables eBikeGo to enter into the premium electric three-wheeler market, with intentions to manufacture these vehicles at its Pune-based factory. This acquisition is aimed at serving a particular part of the indian transport market, specifically in the electric vehicle (EV) segment.[46]

ACER

eBikeGo[47] has been appointed as the official licensee by Acer for manufacturing electric vehicles in India.[48] The company aims to expand its presence nationwide in collaboration with Acer Electric, encompassing 21 states by 2024.[49][50][51]

WHILL

In 2023, Japanese automotive manufacturer WHILL Entered in to Indian market with its authorized patrtner eBikeGo.[52] eBikeGo holds the authorization for manufacturing and distributing e-wheelchairs in India as a part of this collaboration. The launching event took place in Westin Hyderabad. During the event WHILL launched two of their products Model C2 & Model F mobility chairs for pre-booking in India.[53]

Awards[edit]

Awards received by eBikeGo includes:

Year Name Awarding organisation Ref.
2019 Reddot Design Award Winner (for Velocipedo) Red Dot [54]
2020 Prestigious Best Emerging Company Of The Year 2019-2020
2020 Prestigious Indian Achievers’ For Emerging Company
year Business World 40 Under 40  Award (Hari Kiran) Business World

Products[edit]

Electric Scooters[edit]

ACER MUVI 125 5G

Launched on Date, this electric scooter has a top speed of 70 km/h, powered by a 3 Ah battery. The batteries are swappable-removable, and it features a 4-inch LCD with Bluetooth support. ACER MUVI 125 5G has a mobile app for remote diagnosis and a hydraulic braking system. It is a signature product of eBikeGo.

ACER MUVI 125 5G

ACER CPX PRO

The ACER CPX PRO, a maxi scooter, boasts a maximum speed of 105 km/h. Equipped with amenities such as a reverse button, a central control system controllable through a mobile app, and a 45 ah battery which offers a sophisticated riding experience.

Electric Motorcycle[edit]

ACER TC MAX

Comes with a top speed of 95 km/h and an advanced combined braking system. Powered by a 5100W motor with a carbon steel frame and aluminum subframe, and a lithium-ion battery which is removable.

Mini E-Scooter[edit]

ACER SOLO

A mini electric scooter with a top speed of 35 km/h and a 24 Ah lithium-ion battery. It can be fully charged in 4 hours.

Electric Kick-Scooter[edit]

ACER K1

With a 10 Ah battery, 14' tires, and pneumatic wheels, the top speed of the ACER K1 is 25 km/h. It can be fully charged in 5-6 hours and comes with features like a front-mount basket and adjustable seat.

Standard E-Cycle[edit]

ACER E1 & E2: Both models have a 250W motor and a 10 Ah lithium-ion battery, fully chargeable in 4 to 5 hours. The E2 features a Shimano 7-speed gear, with both models offering a top speed of 25 km/h and a removable battery.[55][56]

Premium E-Cycle[edit]

ACER E3 & E4: The E3 features a 500W motor and a 480Wh lithium-ion battery, while the E4 has a 250W motor and a 12.5 Ah battery. Both can be fully charged in 4 to 5 hours, offering top speeds of 25 km/h and ranges of roughly 65 km and 45 km, respectively. Each model includes an adaptable seat, built-in LCD display, and gear shifters.

Foldable E-Cycle[edit]

ACER F1 & F2: The F1 features a 150W motor and a 7.5 Ah battery, while the F2 has a 250W motor and a 10 Ah battery. Both can be fully charged in 4 to 5 hours, offering a top speed of 25 km/h and a range of roughly 45 km. Each model includes an adaptable seat, with the F2 featuring a Shimano 7 gear shifter.

Electric Wheelchair[edit]

WHILL MODEL C2

The Model C2 is a premium, non-foldable electric vehicle designed for off-road performance, featuring WHILL's advanced technology. It offers a drivable distance of 18km on a single charge, supports a maximum load of 115kg, and has adjustable height settings between 74.5cm and 94.5cm. It reaches a maximum speed of 8km/h, with a front omni wheel and rear airless tires, and requires 5 hours for a full charge of its Li-ion battery.

WHILL MODEL F

The Model F is a lightweight, foldable electric vehicle ideal for those with limited storage space, capable of being easily loaded into a car. It provides a drivable distance of 20km on a single charge, has a non-adjustable height of 80cm, and supports a maximum load of 115kg. The Model F also reaches a top speed of 8km/h, features a front caster wheel and rear air tires, and has a 5-hour charge time for its Li-ion battery.

See also[edit]

References[edit]

  1. ↑ "Hero Electric All Set to Transform Last-Mile Deliveries With eBikeGo". Hero Electric. Retrieved 2024-01-31.
  2. ↑ "Alparslan Kutukcuoglu Appointed As eBikeGo's Chairman Of The Board". Financialexpress. 2022-03-23. Retrieved 2024-02-05.
  3. ↑ "eBikeGO to deploy 120 Hero Electric scooters in six cities: To procure 1,000 units by next year". Financialexpress. 2020-12-28. Retrieved 2024-01-31.
  4. ↑ "Hero Electric Partners With eBikeGo For Last Mile Mobility Solutions". carandbike. Retrieved 2024-01-31.
  5. ↑ Cruze, Danny Cyril D. (2020-12-28). "Hero Electric partners with e-mobility startup eBikeGo". mint. Retrieved 2024-01-31.
  6. ↑ "This e-bike company explains why so many e-scooters are catching fire". Business Today. 2022-04-19. Retrieved 2024-01-25.
  7. ↑ "National Energy Conservation Day: How smart features on electric two-wheelers are revolutionizing connected commutes". Zee Business. 2023-12-13. Retrieved 2024-01-25.
  8. ↑ www.ETBrandEquity.com. "eBikeGO ropes in Harbhajan Singh as brand ambassador - ET BrandEquity". ETBrandEquity.com. Retrieved 2024-02-01.
  9. ↑ "Vajram Electric, an affiliate of eBikeGo, obtains USD 1.5 million in seed funding to expand its line of E2Ws | Startup Story". 2022-11-22. Retrieved 2024-02-02.
  10. ↑ Bureau, BW Online. "Vajram Electric Raises 1 5 Mn In Seed Funding Round". BW Disrupt. Retrieved 2024-02-02.
  11. ↑ Desk, HT Auto (2021-12-08). "Spanish e-scooter with swappable battery, to be now made-in-India". HT Auto. Retrieved 2024-02-02.
  12. ↑ www.ETAuto.com. "eBikeGo acquires manufacturing, marketing rights for European e-scooter Muvi from Torrot - ET Auto". ETAuto.com. Retrieved 2024-02-02.
  13. ↑ www.ETAuto.com. "eBikeGo to install 3000 IoT enabled smart charging stations across 5 cities - ET Auto". ETAuto.com. Retrieved 2024-02-05.
  14. ↑ "eBikeGo to install 3000 IoT enabled smart charging stations; New Delhi, Mumbai, Bengaluru, Hyderabad and Chennai included in first phase". India Today. Retrieved 2024-02-05.
  15. ↑ Tewari, Saumya (2020-08-11). "ebikeGo appoints Harbhajan Singh as brand ambassador". mint. Retrieved 2024-02-01.
  16. ↑ "Startup eBikeGO ropes in cricketer Harbhajan Singh as brand ambassador".
  17. ↑ "eBikeGO ropes in cricketer Harbhajan Singh as its brand ambassador". Financialexpress. 2020-08-11. Retrieved 2024-02-01.
  18. ↑ "Alparslan Kutukcuoglu joins eBikeGo as International Business Director". Financialexpress. 2021-09-07. Retrieved 2024-01-31.
  19. ↑ "30 Under 30 2022: Special Mentions To Look Out For". Forbes India. Retrieved 2024-02-05.
  20. ↑ "eBikeGo launches EBG-Matics for advanced fleet management: Key benefits explained". Financialexpress. 2021-08-03. Retrieved 2024-02-05.
  21. ↑ Livemint (2021-08-03). "eBikeGo launches new IoT system to analyse usage of electric two-wheelers". mint. Retrieved 2024-02-05.
  22. ↑ www.ETHRWorld.com. "eBikeGo appoints Ivan Contreras as CEO - International - ETHRWorld". ETHRWorld.com. Retrieved 2024-01-31.
  23. ↑ TimesTech (2022-10-12). "eBikeGo appoints Ivan Contreras as CEO to lead expansion". TimesTech. Retrieved 2024-02-05.
  24. ↑ "eBikeGo Appoints Former Capt of Indian Squash Team Aditya Jagtap on Board of Directors - Saur Energy International". www.saurenergy.com. Retrieved 2024-01-31.
  25. ↑ "eBikeGo to launch Muvi brand of e-scooters in international market next fiscal". The Economic Times. 2023-08-16. ISSN 0013-0389. Retrieved 2024-02-01.
  26. ↑ "eBikeGo to set up manufacturing plant via its subsidiary Vajram Electric". CNBCTV18. 2022-07-25. Retrieved 2024-02-02.
  27. ↑ "eBikeGo-owned Vajram Electric raises Rs 12.24 crore funding". Financialexpress. 2022-11-22. Retrieved 2024-02-02.
  28. ↑ Press Trust of India. "eBikeGo to set up manufacturing plant through subsidiary Vajram Electric".
  29. ↑ "eBikeGo to set up manufacturing plant via its subsidiary Vajram Electric". CNBCTV18. 2022-07-25. Retrieved 2024-02-01.
  30. ↑ "eBikeGo arm Vajram Electric to setup EV manufacturing facility". Autocar Professional. Retrieved 2024-02-01.
  31. ↑ Desk, HT Auto (2022-07-25). "EV startup eBikeGo to set up EV manufacturing facility through its subsidiary". HT Auto. Retrieved 2024-02-01.
  32. ↑ "Vajram Electric Raises $1.5 Mn In Seed Funding". Mobility Outlook. Retrieved 2024-02-02.
  33. ↑ "Vajram Electric, an affiliate of eBikeGo, obtains USD 1.5 million in seed funding to expand its line of E2Ws | Startup Story". 2022-11-22. Retrieved 2024-02-02.
  34. ↑ www.ETAuto.com. "eBikeGo arm Vajram electric raises USD 1.5m seed funding to develop portfolio of E2Ws - ET Auto". ETAuto.com. Retrieved 2024-02-02.
  35. ↑ "Startup eBikeGo completes USD 5 million fund infusion". The Economic Times. 2022-05-23. ISSN 0013-0389. Retrieved 2024-01-31.
  36. ↑ Livemint (2022-05-26). "eBikeGo raises fund and seek further investment to expand its mobility business". mint. Retrieved 2024-01-31.
  37. ↑ www.ETEnergyworld.com. "eBikeGo seeks $20 million in funding for tech upgrade, expansion - ET EnergyWorld". ETEnergyworld.com. Retrieved 2024-01-31.
  38. ↑ "eBikeGo-owned Vajram Electric raises Rs 12.24 crore funding". Financialexpress. 2022-11-22. Retrieved 2024-01-31.
  39. ↑ "Electric bike startup eBikeGo completes $5 mn fund infusion". Business Today. 2022-05-23. Retrieved 2024-01-31.
  40. ↑ "eBikeGo acquires rights to manufacture smart electric trike 'Velocipedo' in India". Financialexpress. 2021-11-20. Retrieved 2024-02-05.
  41. ↑ www.ETAuto.com. "eBikeGo to launch Muvi brand of e-scooters in intl market next fiscal - ET Auto". ETAuto.com. Retrieved 2024-02-02.
  42. ↑ "EBikeGo to start manufacturing Torrot Muvi electric scooter in India from March 2022: Check specs". Firstpost. 2021-12-09. Retrieved 2024-02-02.
  43. ↑ "eBikeGo acquires manufacturing, marketing rights for European e-scooter Muvi from Torrot". The Times of India. 2021-12-08. ISSN 0971-8257. Retrieved 2024-02-05.
  44. ↑ "eBikeGo acquires Spanish electric trike co, to enter luxury electric 3W segment". mint. 2021-11-18. Retrieved 2024-02-05.
  45. ↑ Singh, S. Ronendra (2021-11-18). "eBikeGo acquires 'Velocipedo' brand from Spanish company Torrot in multi-million dollar deal". BusinessLine. Retrieved 2024-02-05.
  46. ↑ Singh, S. Ronendra (2021-11-18). "eBikeGo acquires 'Velocipedo' brand from Spanish company Torrot in multi-million dollar deal". BusinessLine. Retrieved 2024-02-05.
  47. ↑ "Acer and eBikeGo introduce Acer Muvi 125 4G electric scooter". Overdrive. Retrieved 2024-02-05.
  48. ↑ "Acer, eBikeGo join hands to launch MUVI-125-4G electric two-wheeler". Zee Business. 2023-09-15. Retrieved 2024-02-05.
  49. ↑ "Acer forays into EVs launches two-wheeler in partnership with eBikeGo". CNBCTV18. 2023-09-15. Retrieved 2024-02-05.
  50. ↑ Bureau, BW Online. "Acer Partners With Think Ebikego Enters Indian E scooter Market". BW Disrupt. Retrieved 2024-02-05.
  51. ↑ Desk, HT Auto (2023-08-09). "eBikeGo Muvi electric scooter bookings to begin in October". HT Auto. Retrieved 2024-02-05.
  52. ↑ Mali, Krishna (2023-10-20). "WHILL Ventures enters India with a partnership with eBikeGo". TechGraph. Retrieved 2024-02-02.
  53. ↑ www.ETEnergyworld.com. "WHILL marks its entry into India, partners with eBikeGo for distribution - ET EnergyWorld". ETEnergyworld.com. Retrieved 2024-02-02.
  54. ↑ "Electric Vehicle Torrot Velocipedo".
  55. ↑ "eBikeGo launches Transil e1 bicycle for Rs 44,999". Financialexpress. 2023-01-25. Retrieved 2024-02-05.
  56. ↑ "Electric two-wheeler startup eBikeGo enters e-bicycle space, introduces Transil e1". Zee Business. 2023-01-26. Retrieved 2024-02-05.

External links[edit]

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