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The landscape of electric mobility in India has taken a ground-breaking turn with the launch of Exelmoto—a next-generation electric bike brand driven by an A-list team of celebrity founders. Bollywood stalwart Suniel Shetty, Indian cricket icon KL Rahul, and youth star Ahan Shetty have partnered with acclaimed automotive entrepreneur Akshai Varde to carve out an aspirational and disruptive presence in the country’s rapidly growing electric vehicle (EV) sector.
Exelmoto isn’t just another EV startup; it’s a bold experiment blending stardom, business prowess, and a shared vision for clean urban commuting. Founded by Akshai Varde, the venture is energized by Suniel Shetty’s decades of brand credibility and mentorship, while KL Rahul and Ahan Shetty bring contemporary appeal and cross-generational influence. This unique coalition is a potent mix of investor-founding synergy, geared at scaling e-mobility across India’s urban and semi-urban corridors.
The company made waves by announcing that pre-orders for its debut Ebikes will open on June 28, targeting an exclusive initial batch of 999 units. Prospective buyers can secure a bike for a token booking fee of just ₹499, directly through the official Exelmoto website. This rare blend of exclusivity and accessibility is a marked shift from conventional electric scooter launches, making aspirational mobility within reach for many Indian consumers.
Exelmoto is setting itself apart in a crowded EV landscape with its innovative Ebike lineup, starting with models like the E1X Sky and E2R Rosso. Unlike traditional e-scooters, these are pedal-assist electric cycles that let riders stay active while fundamentally reducing their carbon footprint. The bikes deliver one of the industry’s lowest running costs per kilometre, highlighting a clear commitment to both affordability and sustainability.
A significant benefit of these Ebikes is their exemption from registration and licensing requirements, combined with an introductory price point under ₹42,000. This positions Exelmoto’s products as both innovative and practical choices for India’s urban and semi-urban population, likely to disrupt the wider electric two-wheeler segment by appealing to young professionals, students, and anyone seeking a stylish, eco-friendly alternative to traditional vehicles.
Investments from high-profile personalities like Suniel Shetty and KL Rahul are more than monetary endorsements—they reflect a strategic step to mainstream clean mobility and inspire widespread adoption among young, aspirational consumers. Their involvement supercharges the brand identity, as reflected by the buzz generated on social platforms, notably through posts by the founders and backers sharing their excitement and vision for India’s electric mobility future.
“The electric mobility revolution in India just got aspirational—and a whole lot faster, cleaner, and cooler,” shared the Exelmoto team on social media, capturing the spirit and ambition behind the venture.
Exelmoto’s strategic launch is a landmark moment in India’s electric mobility journey, signaling the sector’s shift from utilitarian solutions to aspirational lifestyle choices. The enterprise is emblematic of a broader movement where celebrities, entrepreneurs, and technologists unite to drive sustainable innovation. As pre-orders open, the real test will be how swiftly Exelmoto converts buzz into adoption—potentially setting a new benchmark for EV launches in India.
To follow Exelmoto’s journey and track upcoming releases or collaborations, visit their official website. For further industry insights and ongoing updates, read the coverage in Entrepreneur India, and for in-depth details about the launch event, read the report on Business Standard.
The launch of Exelmoto stands as a testament to the power of celebrity-led innovation, setting a new pace for India’s clean energy ambitions and reshaping how the country rides into the future.