Spero, India’s First Crowdfunded Electric Bike Launched

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India’s First Crowdfunded Electric Bike -SPERO has been launched. S. Manikandan, the 38-year old MBA, has been working on this project for more than 3 years & just launched his 2nd crowdfunding campaign on Fueladream – the Bengaluru based crowdfunding platform. Besides just contributing to this project, the Funders can pre-order the SPERO E-bike through Fueladream.com.

Spero bike is made with a judicious mix of locally sourced materials and local ingenuity, & key imported components. The battery comes from Samsung, the motor and tyres come from partners in Korea.

The bike races 0-25 kmph in 10 seconds and comes with 5 speed digital gears in the electric mode. Spero travels 30 kms on a single charge and the battery charges as the rider pedals. The other 2 models can go upto 60 kms and 100 kms respectively. Spero bike houses a 48V Li-ion battery, comes with 1-year warranty and charges from 20 to 80 % in 4 hours. All bikes weigh between 25kgs – 26 kgs (with the battery)

The pre-order prices for the 3 models on FuelADream would be from INR 29,900 to INR 50,900 (40% lower than their market price)

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