Oben Electric has secured USD 4 million (approx. Rs 32.5 crore) as part of its Pre-Series A round of funding, which it says it will use to begin deliveries of the Rorr e-bike, among other things.
- Rorr e-bike to be sold in seven states as of now
- Oben also aims to ramp up production capacity
As of now, the Rorr electric bike will be sold in seven states across the country, including Maharashtra, Gujarat, Delhi, Rajasthan, Karnataka, Tamil Nadu and Telangana. The price differs from state to state, with Delhi having the lowest price, at Rs 1.03 lakh, followed by Gujarat, at Rs 1.05 lakh, and Rajasthan, at Rs 1.15 lakh. The Oben Rorr costs the same Rs 1.25 lakh in Karnataka, Tamil Nadu, Telangana and Maharashtra.
The Rorr has a claimed range of 200km (IDC) in Eco mode and in its fastest Havoc mode, it can achieve a claimed top speed of 100kph. The Rorr features a 4.4kWh battery pack, which is larger than something similar like the Tork Kratos R.
In addition to beginning the deliveries of the Rorr e-bike, Oben Electric claims it will also ramp up its production capacity and that it has also received orders from export markets.
All prices mentioned are ex-showroom and do not include FAME-II or state subsidies.
Azaman Chothia
Vishal Venugopal
