Home » Current Affairs

IIT Madras-incubated Pi Beam launches PiMo e-bike

Current Affairs

Sumit Arora Last updated on October 9th, 2024 12:19 pm Leave a comment

An IIT Madras-Incubated start-up Pi Beam Electric has recently launched a sustainable electric two-wheeler, dubbed as PiMo. The utility e-bike has been developed for personal and commercial use. It does not require a licence or registration.

Key Features

The cost of the electric two-wheeler has been fixed at Rs. 30, 000.
It eliminates fuel costs as it runs on battery. The electric vehicle offers ‘Battery Swapping’, meaning that the drained battery can be exchanged for a fully charged one at designated locations.
The battery can charge faster than a smartphone and comes with a range of 50 km.
Pi Beam aims to sell 10,000 vehicles by the end of the financial year 2021-22.

About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.