Press Esc to close
Sunday 23 July 2017
News updated at 11:57 AM IST

FuelADream unveils ebike RideLite

Dec 16,2016, Bengaluru, DHNS 22:34 IST
RideLite
Bengaluru-based crowdfunding platform FuelADream on Thursday unveiled an electric bike called RideLite.

Launching the bike, FuelADream Chief Marketing Officer P A Ram Prasad said that RideLite combines the fitness aspect of a geared cycle at an unbelievable price.

“We have brought in product innovation with a ‘Make in India’ concept to manufacture this bike along with R2H Motors. The team has been working behind the project for the last four years, and has launched two models,” said Prasad.

R2H Motors CEO and Founder Ajeet Kumar said the product is manufactured in Ghaziabad, and currently, the sales will happen via the online platform.

“You can ride an eco-friendly and zero-pollution cycle, without ever sweating again. In the pedal mode, the eRideLite comes equipped with a six-speed Shimano gear system that allows one to customise the workout,” he said.

Kumar said the RideLite electric bike comes in two variants. “The eRL50 has a 50-km range on a single charge, and starts at Rs 23,900. The eRL90 has a 90-km range on a single charge and starts at Rs 35,900. This bike goes from 0-20 kmph in just 10 seconds,” he said.

The company’s CEO said the crowdfunding model ensures a win-win situation for manufacturer and the consumer. “It reduces working capital and inventory costs to almost zero. The huge cost savings can be passed onto our consumers,” he said.

Go to Top

Photo Gallery
Women sizing up a painting put on display as part of an art exhibition against communalism...

Women sizing up a painting put on display as part of an art exhibition against communalism...

Full dress rehearsal of oath taking ceremony of President-elect Ram Nath Kovind...

Full dress rehearsal of oath taking ceremony of President-elect Ram Nath Kovind...

A green parrot nestled in a tree hollow, in Chennai...

A green parrot nestled in a tree hollow, in Chennai...

A Hindu devotee offering snake in Burhi Gandak river, on the eve of Sawan Amavasya...

A Hindu devotee offering snake in Burhi Gandak river, on the eve of Sawan Amavasya...

A peacock butterfly can be seen sitting inside a sunflower near Celle, Germany...

A peacock butterfly can be seen sitting inside a sunflower near Celle, Germany...

Kawad yatri waiting for their turn in a queue outside a Shiv temple in Meerut...

Kawad yatri waiting for their turn in a queue outside a Shiv temple in Meerut...

A farmer ploughs his paddy field during monsoon session at a village near Balurghat in South...

A farmer ploughs his paddy field during monsoon session at a village near Balurghat in South...

Chennaiyin FC Co-owner and actor Abhishek Bachchan reacts during a press conference...

Chennaiyin FC Co-owner and actor Abhishek Bachchan reacts during a press conference...

Exile Tibetans hold posters of the late Nobel laureate Xiaobo Liu during a prayer service...

Exile Tibetans hold posters of the late Nobel laureate Xiaobo Liu during a prayer service...

Temples submerged in flooded waters of Narmada river at Gwarighat in Jabalpur...

Temples submerged in flooded waters of Narmada river at Gwarighat in Jabalpur...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.