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'Took my very own HORNBACK X1 for a spin': Anand Mahindra rides 'world's first foldable diamond e-bike' made by IIT Bombay students

Mahindra was impressed with the bike and said that it was โ€˜35 per cent more efficient than other foldable bikesโ€™ and โ€˜the only bike that doesn't have to be lifted after folding.โ€™ He also said that he had invested in the startup.
Badri Seshadri Naseer Ahmed Nmtnaseer Anand Mahindra Mahindra Group Naseer Ahmed Hornback X1

Folding Bikes Market Set to Reach a Valuation of USD 1410.16 Million by 2028, Propelled by Affordability and Convenience, States Extrapolate

DUBAI, UAE, May 17, 2023 /PRNewswire/ -- The global Folding Bikes Market is projected to grow from USD 928.51 million in 2021 to USD 1410.16 Million by 2028, expanding at a CAGR of 8.7% during
United Arab Emirates United States Asia Pacific Gewinn Nur Youon Technology Co Ltd Launches Bicycle Raleigh United Kingdom Ltd

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