Mumbai-based Genxt Power India has launched its new model 'Evera', which is claimed to be a noiseless, pollution-free, electric bike with low maintenance cost that does not require petrol or diesel.

The technology is totally indigenous and patented under Paris convention covering 112 countries, the company claimed.

The company, the release said, is planning to foray into the capital market with premium and list its shares on the Bombay Stock Exchange and National Stock Exchange.