The market for electric vehicles is growing rapidly in the country. Not only
is the demand rising, but the entry of new start-ups is also picking up. One
such new start-up is Voltron, which currently has two electric cycles in its
portfolio. Their specialty is long range. This Made in India electric cycle
can give you a maximum range of 100 kms on a single charge. Their maximum
speed is 25 kilometers per hour. The company is so confident in its electric
cycles that Voltro Motors has set a sales target of Rs 10 crore this year.
In a statement given to PTI, a senior official of Voltron Motors informed
about its plans for this year regarding the sale. The official says the
company has set a sales target of Rs 10 crore this year. To meet this target,
the company is focusing on increasing the number of dealers in smaller cities.
The company's founder and director Prashanta says that with the demand for
Voltron electric cycle, he is confident that it is going to be a vehicle of
social change and the company is looking for dealers and distributors in
smaller cities.
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As we mentioned, Voltron Motors currently has two electric cycles in its
portfolio. The first of these models is the VM 50, which costs Rs 35,000. It
is followed by a high-end model - the VM 100, which costs Rs 39,250.
This cycle can give a range of 75 to 100 km on a full charge and has a top
speed of 25 kmph. Lithium phosphate battery is available in the bicycle. This
battery pack can be fully charged in 2 to 5 hours and on a full charge, the
average power consumption is Rs. However, this price may vary according to the
cost of electricity in different cities. The cost comes. For power, a
mid-driver motor has been used in them.
Ninety One Cycles today launched its all-new Black Arrow 700C bike in India at
a price of Rs 15,000. The 7-speed 700C bike gets a host of features like
7-speed EZ fire rear shifter, hybrid fork for jerk absorption and Shimano
7-speed gear set.
Featuring a lightweight tig-welded frame, the Black Arrow comes equipped with
160 mm disc brakes and hi-traction Nylon tyres for safety of riders.
“At Ninety One Cycles, we have constantly been innovating to offer Indian
consumers with new product offerings. The launch of Black Arrow is testament
to our commitment to offer the best value and riding experience to our
consumers. We are among the few players in the industry driving product
innovation and we are confident that the addition of the all-new Black Arrow
will strengthen our portfolio and further enhance consumer experience,” says
Sachin Chopra, Co-Founder and CEO of Ninety One.
“Black Arrow is one of the most unique products launched by us at Ninety One,
with an extensive range of features that appeal to the design and utility
sensibilities of cycling enthusiasts,” said Vishal Chopra, Co-founder and
Managing Director of Ninety One.
Recently, Ninety One has launched Meraki S7 and KTM’s Chicago Disc 271
electric bikes in the Indian market. The brand states that the Meraki S7 is a
well-engineered e-bike that offers a comfortable riding experience. The KTM
Chicago Disc 271 is a mountain bike equipped with TL Compatible Rims and KTM
Line Rizer 680 mm handlebar along with SCHWABLE 27.5” tyres to offer
much-needed grip to cyclists on any terrain.
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The company has recently closed its funding of US$ 30 million from investors
such as Avaana Capital, Titan Capital, A91 Partners and Fireside Ventures,
said Ninety One Cycles. Following the capital injection, Ninety One from
AlphaVector (India) Pvt. Ltd. is now valued at Rs 1,000 crores, said in a
press release.
Bicycle Video Watch: Click Here
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