US-based ElectronEV has announced its foray into India to roll out light/medium and heavy commercial vehicles. The company, which has a fleet of over 500 commercial EVs running in the US, is bullish on the Indian EV growth story.
The company aims to bring its portfolio including customised EVs, vehicle management solutions, fleet management solutions, digital cockpit and IoT solutions, real-time data analytic solutions, and charging Infrastructure to the fast-growing Indian market.
ElectronEV plans to introduce its proprietary EV technology through its electric vehicles and end-to-end mobility solutions for markets like India, South East Asia, Australia and Europe. The product portfolio will consist of light, medium and heavy-duty commercial vehicles like delivery vans, trucks, and buses.
The company says it is “planning to target the pain areas like the limitations of the battery technology, high capital expenditure, price of electric vehicles, availability of charging infrastructure, time taken to fully charge an electric vehicle through its smart, modular, heavy-duty battery with intelligent adaptive chassis and software-driven powertrain.”
To provide higher production volumes closer to target customers, ElectronEV will adopt a manufacturing strategy of setting up micro-factories in conjunction with a modular technology stack.
Rakesh Koneru, founder, ElectronEV said, “India is emerging as the largest and fastest growing market for EVs. That is why our products will cater to the demand for B2B and B2C segments in India. ElectronEV plans to introduce its proprietary EV technology through its electric vehicles and end-to-end mobility solutions for markets like India, South East Asia, Australia, and Europe.”