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Suniel Shetty, KL Rahul, Ahan bet on Exelmoto's pedal-assist EV bikes
Mint New Delhi
|June 27, 2025
Bollywood actor Suniel Shetty, his cricketer son-in-law KL Rahul, and son Ahan Shetty have come together to back a new electric mobility startup, Exelmoto, founded by automotive designer and entrepreneur Akshai Varde.
Bollywood actor Suniel Shetty, his cricketer son-in-law KL Rahul, and son Ahan Shetty have come together to back a new electric mobility startup, Exelmoto, founded by automotive designer and entrepreneur Akshai Varde. The company is positioning itself as a category-creator in India's two-wheeler EV market, with a focus on pedal-assist electric bikes—styled like motorcycles but priced like premium bicycles.
Pre-orders for Exelmoto's first two models—EIX Sky and E2R Rosso—will begin on 28 June, with a limited drop of 999 units available for a token booking fee of ₹499. The unisex bikes are priced under ₹42,000 and come with a removable lithium battery, 40-60 km range per charge, fat tyres, and no need for registration or a licence.
यह कहानी Mint New Delhi के June 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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