Monday, May 27, 2024

NIC Peshawar Startup Teleport develops locally manufactured Electric bike

Teleport, a NIC Peshawar-incubated start-up company, has created an electric bike that can drive 100 km on a single charge.

In Pakistan, the bike is entirely built and assembled with a fully original concept and parts sourced from the local market. Owing to its unavailability in Pakistan, the only thing that has been imported is the electric motor. With the engine, an additional motor can be listed to expand its range to km, with the bike taking around 3 hours to fully charge.

In an interview with Waqar Zaka, Teleport’s founder and CEO Mohyuddin Khan explained how based on his passion for electric mobility, he created the company. Mohyuddin, who is an MBBS student, explained how it took 4 years for him and his team to create the final product, creating 4 prototypes for production along the way. He said that using his own money, which he earned by producing and selling lithium-ion batteries, he built the bike.

Speaking about his future plans, Mohyuddin said that the company was looking for investors to scale up production, estimating that it would initially require an investment of about Rs. 5 crores. The bike will cost around Rs. 1.5 lakh per unit, he said. Waqar Zaka urged his audience, especially those living abroad, to invest in the start-up. Investors can contact the business at the contact number of Mohyuddin that he provides in the video. Zaka’s team member took a test ride on the ebike, after which the CEO clarified that the company has filed a patent for its unique rear shock design that contributes to a smoother ride.

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