EV startup River launches Escooter Indie to take on Ola Electric and Ather Energy

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Amid a significant increase in the adoption of electric vehicles (EVs) in the country over the last year, particularly in the two- and three-wheeler segments, EV startup River launched its first electric two-wheeler model on Wednesday (February 22) to capture a share of the fast-growing market.

Indie, River’s escooter model, has a motor with a peak power of 6.7 kW and a top speed of 90 km per hour. The INR 1.25 Lakh (ex-showroom Bengaluru) electric two-wheeler has a 4 kWh battery and a range of 120 km. River claims that a standard charger can charge the vehicle to 80% in 5 hours. The registrations of electric two-wheelers in the country stand at 1.1 Lakh units in 2023 so far, as per Vahan data. The year 2022 saw registrations of 6.3 Lakh two-wheeler EVs.

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EV startup River launches Escooter Indie to take on Ola Electric and Ather Energy

Amid a significant increase in the adoption of electric vehicles (EVs) in the country over the last year, particularly in the two- and three-wheeler segments, EV startup River launched its first electric two-wheeler model on Wednesday (February 22) to capture a share of the fast-growing market.

Indie, River’s escooter model, has a motor with a peak power of 6.7 kW and a top speed of 90 km per hour. The INR 1.25 Lakh (ex-showroom Bengaluru) electric two-wheeler has a 4 kWh battery and a range of 120 km. River claims that a standard charger can charge the vehicle to 80% in 5 hours. The registrations of electric two-wheelers in the country stand at 1.1 Lakh units in 2023 so far, as per Vahan data. The year 2022 saw registrations of 6.3 Lakh two-wheeler EVs.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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