Slashing CO2India’s practical but 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. The many emerging electric alternatives are consistently premium vehicles that are more geared towards urban commuters – slim and 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 long battery life. Their first product – the RX-1 – 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 RX-1 will be the best option across India’s working and professional classes. The team comes to River with impressive experience at Honda, Ultraviolette Automotive, and more.
10
times lower operating cost
than a gas-burning 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.
How newcomer River plans to fill a gap in India’s competitive EV two-wheeler market
TechCrunch
EV startup River raises $11M in Series A funding round from Lowercarbon Capital, Toyota Ventures
Yourstory
Electric two-wheelers sales to grow 24x to nearly 18bn units in 2030
Mint