Ahmedabad based E-Vega Mobility Labs focuses on research and manufacturing of tech affordable electric bikes. This revolutionary startup is founded by Mr. Shubham Mishra with the mission to provide high tech electric bikes with highly optimised features to all masses of the world. Mr. Shubham Mishra would be conceptualizing his idea within 3 months and subsequently, launching it in the market after July 31.
How did you come up with the idea of E-Vega Mobility Labs?
I applied at several companies which offer electric vehicles and observed that such electric vehicles were much overpriced and weighing more to pockets.
What is your target Audience?
We are targeting urban and semi-urban individuals, mainly students, women and aged people.
We are targeting mainly the urban market like schools, colleges, resorts, gyms and industries for providing electric bikes at reasonable rates.
What is the revenue model of E-Vega Mobility Labs?
We will be selling using referral or recommender systems deploying A.I and IOT tools. Along with that we will be following conventional offline marketing strategies.
What is your competitive advantage i.e., Ather Energy and Hero electric?
We targeting to provide more advance features at affordable rate.
What is your vision?
“We are striving hard towards achieving 100% mobility of 2 wheelers through E-Vega. We want to be the provider of WORLD’S MOST AFFORDABLE SMART EBIKE”Mr. Shubham Mishra’s Vision
What are the key features of your Electric Bikes?
- Battery: Lithium-ion Battery 36 V, 11.4Ah
- Motor: Brushless Hub motor 250 W, 36 V
- Controller: Open Loop Controller
What are the products do you have currently?
Vega E-mobility Labs offers three electric bikes 1. Vega E-lite, 2. Vega Hex-56 and 3. Vega Optimus-56.
1. Vega E-lite
Specifications of Vega E-lite
- Top Speed- 25-30 kmph
- Range- 50 Km
- Charging Time-6 hours
- Frame Material-High Tensile Steel
2. Vega Hex-56
Specifications of Vega Hex-56
- Top speed-25-30 kmph
- Range-65 Km
- Charging Time- 4.5 hours
- Frame Material- Aluminium 6061
3. Vega Optimus-56
Specifications of Optimus-56
- Top speed-25-30 kmph
- Range-80 Km
- Charging Time-4 hours
- Frame Material-Aluminium 7005
What expansion plans are you looking for the next 2-5 years?
In next 2 years, we are targeting to sell 400 electric bikes and by 5 years we will be targeting more than 1000 happy customers.
Where do you want to see yourself in next 10 years?
I want to be the most stupid tech-entrepreneur who made it large for inspiring others.
Tell us more about your team and uniqueness of Office culture.
Our Team includes a tech geek Mr. Natansh who is much informative and matured about the mechanical engineering. Team includes Mr. Bhavik solanki who is having a very vast knowledge about aerodynamics, perpetual motion models and other high-end technical stuffs.
What was the most challenging part of your journey till now?
Initially we were out of cash for building prototype, as none of our team members is financially good enough. We roamed here and there for funds, but never got much exposure. After several pitches at different centres, we got selected at GUSEC.
What advice you want to give to Young Entrepreneurs/Startups?
Do it and then think. Be responsible with your decisions. Burn all your bridges to reach the goal. Listen to your HEART, more than your BRAIN.
advice to Young Entrepreneurs and Startups