News

NIC Peshawar Startup Teleport develops locally manufactured electric bike

Teleport, a startup company incubated in NIC Peshawar has developed an electric bike which capable of driving 100km on a single charge.

The bike is completely designed and manufactured in Pakistan with a completely original design and parts sourced from the local market. The only thing that has been imported is the electric motor due to its unavailability in Pakistan. An additional motor can be specced with the bike to extend its range to 200km, with the bike taking approximately 3 hours to charge completely.

In an interview with Waqar Zaka, the founder and CEO of Teleport Mohyuddin Khan, explained how he founded the company based on his passion of electric mobility. Mohyuddin, who is an MBBS student, explained how it took him and his team 4 years to develop the final product, making 4 development prototypes along the way. He said that he developed the bike using his own capital which he raised by making and selling lithium-ion batteries.

Speaking about his future plans, Mohyuddin said that the company was looking for investors to scale up manufacturing, estimating that an investment of around Rs. 5 crore would be needed initially. He said that the bike would cost about Rs. 1.5 lakh per unit. Waqar Zaka encouraged his viewers, especially those residing abroad, to invest in the startup. Investors can contact the company at Mohyuddin’s contact number which he gives in the video. A member of Zaka’s team took a test ride on the ebike, after which the CEO explained the company has filed a patent for it’s unique rear shock design which contributes to a smoother ride.

Sponsored
Taha Abdullah

Leave a Comment
Share
Published by
Taha Abdullah

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

6 hours ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

7 hours ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

8 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

8 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

11 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago