Fureladream launches e-RideLite Electric Bike in India

26th December 2016 | By Mouseworld Now Correspondent |

Bangalore, 26th Dec, 2016: Fueladream, a Bangalore-based crowdfunding platform today unveiled its next-gen electric bike e-Ridelite in the city. The e-RideLite team worked on creating an environment friendly affordable bike, which will provide an alternate mode of mass transportation. The team has been working on this project for last 4 years and is now set to launch the 2 models of the electric bike in India. These e-bikes will be available exclusively on Fueladream.com.

Two factors can make an eco- friendly bike at an affordable cost come true. One is their experience in sourcing, designing and manufacturing in India. The second is their crowdfunding strategy, which is mutually beneficial to manufacturer and consumer alike. The combination of these two factors will in turn promote high volume sales, as also a reduction in the price of product at which it can be offered
On the platform, you can not only fund this idea, but even pre-order it, i.e., funders can get to own the E-Ride Lite E-bike! The pre-order prices for the 2 models on Fueladream would be from 23,900 INR to 35,900 INR, which would be 40% lower than their market price!

Ram Prasad, CMO, Fueladream.com said, “We are excited to unveil the environment friendly next generation ebike for the Indian market. The ebikes are the future of alternative transportation. I hope with the support the funders, it will pave a way towards new trends in transportation.”

Ajeeth Kumar, Founder & CEO, R2H Motors said, “The team has crafted each feature keeping the customers and the Indian roads in mind. The ebikes are stylish, lightweight and sturdy. People will love riding the bike.”

On the platform, one can not only fund this idea, but even pre-order it, i.e., funders can get to own the E-Ride Lite E-bike! The pre-order prices for the 2 models on Fueladream would be from 23,900 INR to 35,900 INR, which would be 40% lower than their market price!

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