Fuel-A-Dream Launches eRideLite – A NextGen Electric Bike

Fuel-A-Dream, the Bangalore based crowdfunding platform today unveiled the next generation 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.

eRideLite

Two factors will make the dream of making 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!

Commenting on the launch Mr 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.”

Speaking on the product features, Mr 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.”

Key Features & Benefits:

  1. Removable Battery: Lithium Ion batteries
  2. Rechargeable battery: Battery can also be charged while pedalling!
  3. Great pick up: 20km per hour in 10 seconds
  4. Flexible modes:6 gears in the manual/pedal mode
  5. Range: eRide Lite 50: 50 plus km on a single charge & eRideLite90:90 plus km on a single charge
  6. Other Features: A sturdy, patent-pending frame design, disc brakes on both wheels, shock absorbers in the front wheels

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!

To know more about the campaign or to fund this initiative, you can visit: www.fueladream. com/home/campaign/357

FuelADream.com is a crowd-funding marketplace for people & organizations that aim to raise funds for creative ideas, causes, charities etc. Founded in Mid-2015 and based in Bangalore, the start-up aims to impact 2.2 billion people in India, Africa & S.E Asia. Fuel A Dream has raised $ 250,000 in an initial round of funding over the last 8 months from a clutch of individual investors from the corporate world.

Fueladream.com is the brainchild of Ranganath Thota. His team is focused on transforming how people raise and contribute money for ideas, social causes and other activities. FuelADream.com connects the campaign owners (people who want to raise money) to funders in a very productive and engaging way.

The Campaign owners who have an innovative idea or a social cause at heart and who want to raise money for them can highlight their stories and get funders (both individuals and corporates) to support them on this platform. The company believes in creating a community of people who understand the power of giving and the impact they can make through this. Whether funding an idea that may change the face of music or getting an electric bike that will change how we commute to work or funding a fashion show by a talented young designer or helping a charity that takes care of orphans or raising a helping hand to aid victims of a flood– there – there are many a dream that needs to be fueled.