InsightEV Weekender: Week 15

This Weekender, we look at Zeway stopping operations, Honda EV scooters in Vietnam, Ola Electric starting production of the Roadster X motorcycle, the rocking Ryvid interview, and more...

Published : April 13, 2025
613 words

Table of Content

Greetings, this is the InsightEV editor, and I am happy to bring you the Weekender: Week 15.


Deep dive with Ryvid

Motorcycle designers take inspiration from various sources, and the Ryvid excites us, considering the inspiration is from origami, the art of paper folding. A motorcycle carved out of pressed steel sheets fastened with PEM nuts to create a hollow monocoque is smart. They manufacture in California, and if they had not designed for manufacturability, the costs would have spiralled out of control.

Ryvid is designed not only for ease of manufacturing but also for ease of maintenance. Its YouTube channel is full of tutorial videos to guide customers to replace anything and everything in their motorcycles.

Ryvid is also one of the rare stories of American electric motorcycle startups that have actually made it to production.

So we were chuffed when we sat down with Dong Tran, the CEO of Ryvid, a few days back. The interview is now live.

Equilibrium in Motion… – InsightEV
There are not too many players in the American motorcycle startup scene who have taken a concept to production as fast as Ryvid.

Ola Electric Starts Manufacturing Roadster X

Ola Electric’s founder, Bhavish Aggarwal, tweeted photos and videos of the start of production of the Roadster X motorcycle.

The launch of the much-delayed motorcycle is important for the company. Motorcycles outsell scooters 2:1 in the Indian market, and the Ola Roadsster X is the first important motorcycle by a major participant.

The company has been in the eye of the storm recently, with the government raising questions on the veracity of its February sales numbers. At the same time, competitors like Bajaj Auto and TVS have taken a lead in the last two months.

Meanwhile, the first 12 days of Indian registration data for April indicate that Ola Electric is again leading in sales.


Honda in Vietnam

Honda has released the prices and battery rental charges for the CUV e: and the ICON e: in the Vietnamese market. The ICON e: starts at VND 26.8m. This includes the charger but excludes the battery, a rental-only option.

Meanwhile, the CUV e: is not even for sale – the whole scooter can be rented if you are in Ho Chi Minh City, Hanoi, or Da Nang. Rentals start at VND 1.5m, and Honda says you can rent it starting in July 2025.


Dirt Freak from Japan

Dirt Freak is a Japanese manufacturer of aftermarket motorcycle parts. Now, it has plans to become an E2W manufacturer. We like the GE-N3 for its design aesthetics and CMF.

However, it’s all show with little go. Power is from a 2.8 kW peak mid-drive motor for a 55 kph top speed. There is a 1.7 kWh battery pack for a 100 km promised range (at 30 kph).

It’s already on sale in Japan.


Niu has a Stellar Q1

Niu Technologies has reported a 57% jump in sales volumes in Q1 2025 on a year-on-year basis, with unit sales crossing 203k units. This was mostly driven by the Chinese market where sales volumes jumped by 66%.

Niu Q1 Sales Jump on China Volumes – InsightEV
Niu Technologies has reported a 57% jump in sales volumes in Q1 2025 on a year-on-year basis, with unit sales crossing 203k units.

ZEWAY Bankrupt?

Later this week, Sieghart Michielsen’s rather excellent This Week in Urban Mobility newsletter (highly recommend) informed that ZEWAY, a battery swapping and electric scooter player operating in Paris, Nice and Côte d’Azur, has ceased operations. ZEWAY raised EUR 41m (USD 47m) in its life, with EUR 15m (USD 17.1m) coming in 2023.


That’s a wrap for today. This newsletter will be back next Saturday. The posts on the website are more frequent. This is your editor, and you may view my LinkedIn profile here.

Previous Article

Equilibrium in Motion…

There are not too many players in the American motorcycle startup scene who have taken a concept to production as fast as Ryvid. They also remain true American, manufacturing in California. How do they do that? I sat down with Dong Tran, the CEO of Ryvid, to find out more.

Next Article

A Few Baskets Get Most of the Eggs

Why do some E2W/L-category vehicle startups get massive funding, while many die without support? What do investors look for? Does everything make sense? What makes startups attractive? We dug through 15+ years of funding data to identify trends. Then, the question: What is the RoI for investors?

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