e-bike: Voltrix Mobility enters e-bike segment and launches ‘Tresor’ desk bike at Rs 55,999

Mumbai, Chennai-based Voltrix Mobility on Wednesday announced its foray into the e-bike segment with the launch of the “Tresor” office bike for the urban segment, at an introductory price of Rs 55,999. The company also said that it plans to roll out two more products over the next six months to cater to other segments and that it plans to capture 4-5% market share by 2024.

The e-bike with a 250 watt motor and removable built-in lithium-ion battery that eliminates the need for charging stations offers a range of 60-80 km per charge and a top speed of 25 kilometers per hour (km/h), the company said. in a report.

The bike also comes with five levels of pedal assist, throttle only (like a conventional bike) and manual pedaling mode, he said.

The statement adds that it can be reserved with an upfront payment of Rs 999, while deliveries are expected to start from the third week of this month.

“E-bikes are essential for our country to be a healthy ‘young India’. I am convinced that Voltrix will become a whole new alternative for safe, enjoyable and healthy transportation for the urban population,” said Voltrix Mobility Founder and CEO, Viveak M Palanivasan.

Voltrix Mobility President Kumar Loganathan said the company has identified some priority areas and has clear plans to establish an electronic component manufacturing facility for the e-bike segment in India.

“We are aiming to reach 150 outlets in six urban cities by 2024 to capture 4-5% market share with over 40,000 Voltrix e-bikes circulating on Indian roads,” he said. .

Its Founder and Chief Technology Officer, Sakthivigneshwar R, said, “Tresor, being our first line of Voltrix products, is designed and developed specifically for office workers. With an average speed of urban travel between 16 and 20 km/h, the bike will help you reach your destination faster and more efficiently.”

He added that the company will launch two more products over the next six months, catering to different customer profiles.

The company said it also offers easy financing options for customers to purchase the bike.

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