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IIT Madras-incubated start-up Pi Beam unveils electric two-wheeler


February 10, 2021
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The e-bike PiMo is priced at ₹30,000
IIT Madras-incubated start-up Pi Beam on Tuesday launched an electric two-wheeler that can charge faster than a smartphone and comes with a range of 50 km. Called ‘PiMo,’ the sustainable and affordably priced utility e-bike is targeted towards personal and commercial needs.
Priced at ₹30,000, PiMo does not require licence or registration and offers green and easy mobility on Indian roads. Nearly 90 per cent of PiMo’s product components, including the crucial batteries and controllers, are manufactured in India, thus being one of the few EVs in the local market to thoroughly embody the ‘Make in India’ spirit. Pi Beam aims to sell 10,000 vehicles by the end of next financial year (2021-22), says a company release. ....

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IIT Madras incubated start-up 'Pi-beam' launches 'Made in India' e-bike , India News News


Story highlights
According to the company, the e-bike neither requires a registration nor would the rider have to possess a license. It also offers a ‘Battery Swapping’ Technology, through which a drained battery can be exchanged for a fully charged battery at designated locations, they added. 
Pi-beam, a start-up incubated at IIT Madras has launched ‘PiMo’, an E-bike with a claimed range of 50kms, top speed of 25kmph and charging time of two hours. According to the company, 90 per cent of the crucial components, including the batteries and controllers are made in India. The e-bike which resembles an electric bicycle in design is targeted towards personal and commercial needs.  ....

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