Ex-Tesla hand steers San Fransisco-based Zeno into India e-motorcycle race

First model to roll out at mass-market prices by Q4 2025

Michael Spencer, founder, Zeno Motors
Michael Spencer, founder, Zeno Auto
Surajeet Das Gupta New Delhi
2 min read Last Updated : Apr 24 2025 | 8:11 AM IST
San Francisco-headquartered Zeno Auto — founded by ex-Tesla top executive Michael Spencer — is set to challenge Ola Electric in the country’s electric motorcycle market. 
The company, operating from Bengaluru, has already started the homologation process for its electric motorcycle, powered by a 4 kilowatt-hour lithium-iron phosphate battery. It plans to price it between ₹75,000 and ₹1.2 lakh. With a range of 100 kilometres (km) per charge, it aims to launch its maiden electric motorcycle in India in the fourth quarter of 2025. Positioned as a mass-market offering, Zeno hopes to address range anxiety by providing the battery-as-a-service through a subscription model, rather than requiring customers to pay upfront — a move intended to lower the initial cost below that of a popular ₹70,000–80,000 internal combustion engine motorcycle and bridge the price gap with electric two-wheelers (2Ws). 
Spencer, who worked at Tesla for four years across automotive manufacturing, the Model S3XY range, and the energy business as head of product teams, says: “The market we are targeting is the high-performance sports utility electric bike segment priced between ₹75,000 and ₹1.2 lakh — where there are currently no products in India. The aim is to offer a bike that can be used for family commuting, recreation, or by gig workers carrying goods or operating as motorcycle taxis. Our focus is the mass market.” 
He added that homologation is expected to be completed within six months. The product has undergone over 500,000 km of pre-testing across India and Kenya. The electric motorcycle is designed with a carrying capacity of 350 kilograms, double that of some competitors, based on their tests. The firm is backed by marquee investors, including Toyota Ventures; venture investor Christopher Sacca’s Lowercarbon Capital, which has invested in early-stage rounds for X, Uber, and Instagram; Yale alumni-led Blue Ivy Ventures; and home-grown AdvantEdge Founders, which has invested in green mobility companies like Rapido, Exponent, and Zingbus.  
While Zeno’s ambitions are global, India will serve as its production hub for Africa (especially Kenya) and South Asian markets initially. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :TeslaeBikeElectric Vehicles

Next Story