Made 250 cycles in 8 months
Prashant Kumar of Bihar has sold more than 250 e-cycles in the last 8 months and has generated a business of 25 to 30 lakh rupees. 52-year-old Prashant Kumar did sales marketing work for 10 years after doing his masters from Delhi University. After this, he worked with motor companies for a few years. Then his interest increased and started doing research on different motors. He also developed the Permanent Magnet Generator (PMG). After its success, he started working on developing an electric bike.
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According to Prashant, he buys raw material from Delhi to make E-cycle, then develops it in his factory. It costs 20 to 22 thousand rupees to make a cycle. Whereas they supply to the customers for 35 thousand rupees. This cycle is based on mid drive motor technology. Its advantage is that it can be run with both battery and pedal. This saves battery power. This cycle has a 24 volt lithium ion battery. It can travel up to 100 km on a single charge. You can easily charge it at home.
anyone can operate it easily
According to Prashant, this cycle can run at a maximum speed of 25 kilometers per hour. It does not require any kind of license or registration and there is no fear of getting challaned. Any woman, elderly, even children can ride this cycle comfortably.
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Prashant is currently marketing his E-cycle in two ways. For this, he has launched an online website named voltron.in.net. It can be ordered from anywhere in the country. He has tied up with some transporting companies. They deliver within 10 days. For this, a user guide is given to the customer so that they can install it themselves. If there is any problem, then it is tried to remove it through video call or by sending local staff. Apart from this, dealership chains have been prepared in many states from where E-cycle can be purchased.
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