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Hornback's foldable e-bike runs 45 km on single charge, costs 45,000; Anand Mahindra is investor in startup

This e-bike has been developed by Hornback, a Hyderabad-based consumer product company founded by IIT-Bombay alumni Nishith Parikh and Rajkumar Kewatf

Published on: Oct 21, 2023, 20:48:11 IST
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Mahindra Group chairperson Anand Mahindra took to social media platform X to share pictures of him riding a foldable e-bike. This e-bike has been developed by Hornback, a Hyderabad-based consumer product company founded by Indian Institute of Technology-Bombay alumni Nishith Parikh and Rajkumar Kewat.

Anand Mahindra rides the Hornback X1 foldable e-bike (X/Anand Mahindra)
Anand Mahindra rides the Hornback X1 foldable e-bike (X/Anand Mahindra)

“A bunch of IIT Bombay guys have made us proud again. They’ve created the first foldable diamond frame e-bike with full-size wheels in the world. That makes the bike not only 35% more efficient than other foldable bikes but it makes the bike stable at higher than medium speed”, Mahindra posted, while sharing pictures of him riding this e-bike.

“And it’s the only bike that doesn’t have to be lifted after folding. Took my very own HORNBACK X1 for a spin around the office compound! (Full disclosure: I have invested in their startup.) Hornback is available on Amazon as well as on Flipkart”, he added.

Here are 5 things to know about this foldable e-bike.

1. The Hornback X1 comes in two colour combinations of grey-orange and blue-orange. It has an introductory price of 44,999. You can own it at a three-month no-cost EMI of 14,999.

 
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