Pune-based startup Tork Motorcycles is gearing up to launch India’s first electric motorcycle, the T6X. The Tork T6X is the production version of the company’s fifth prototype and is aiming to revolutionize the vast Indian two wheeler market.
The startup is partly funded by entrepreneur and mechanical engineer Kapil Shelke and his father. Rest of the funding comes from angel investors Ankit Bhati and Bhavesh Agrawal of Ola (from their personal funds).
The financial details of the company have not been made public but Shelke stated that there is no foreign technology or investment. Save for the lithium battery pack, the components will be sourced within India.
The Tork T6X is claimed to have top-speed of 85 kmph and a range of 100 km on a full charge. The company has set up two public charging stations so far (one in Pune and the other in Lonavala) but is hoping to have 100 charging stations in its target cities (Pune, Bangalore, Delhi) in its first phase of operations.
Second phase of operations will see the company venture into Hyderabad and Mumbai. Shilke said that the manufacturing facility at Chakan with a capacity of 50,000 units per annum is almost complete. He also added that the company is adequately funded to commence production.
The Tork T6X is awaiting ARAI approval and is expected to hit the market in the next two months. The company is hoping to sell 10,000 units in the first year of production.