Slashing CO2India’s practical, badass e-moto.
Big Picture
India is set to add 30 million new two wheelers to the road annually by 2030, buoyed by the rise of a gig economy and home-deliveries carried out on two wheelers. While many seek to create electric alternatives, these are consistently premium vehicles that are more expensive and geared towards urban commuters – slim, but unable to handle the demands of heavy payloads and tough working conditions.
How it Works
River is building an electric two-wheeler designed for the masses – sturdy, with a high carrying capacity, long range, low cost, and a long battery life. Their first product – the River Indie – is designed for people who work scooters hard, with 65L of lockable storage space and customizable add-ons for a range of use cases, making it the perfect option for people delivering goods on two wheels.
Unfair Advantage
The team is set to outperform existing Indian e-mobility players like Ather and Ola Electric on cost with no sacrifice on range, storage space, or speed. These factors mean that the River Indie will be the best option across India’s working and professional classes. The team comes to River with impressive experience at India’s top motorbike OEMs like Honda and Ultraviolette Automotive.
10
Times lower opex
than an equivalent ICE two-wheeler
ARAVIND MANI CO-FOUNDER
Aravind was previously VP of Operations and Strategy at Ultraviolette Automotive, India’s leading electric motorbike startup.
VIPIN GEORGE CO-FOUNDER
Vipin previously led design for Ultraviolette Automotive. Before that, he designed for the Honda Activa, India’s top-selling two-wheeler.
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Electric two-wheelers sales to grow 24x to nearly 18bn units in 2030
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