Focus areas include battery technology, EV development, shared mobility, and distribution networks.
08 May 2024 | 4977 Views | By Autocar Professional Bureau
AIC T-Hub, India's startup incubator, in collaboration with Atal Incubation Centre (AIC), announced the launch of the mobility cohort of the AIC T-Hub Program.
The selected startups will focus on critical areas including battery technology, battery management systems (BMS), electric vehicle development, shared mobility solutions, and distribution networks. Amongst ...
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AIC T-Hub, India's startup incubator, in collaboration with Atal Incubation Centre (AIC), announced the launch of the mobility cohort of the AIC T-Hub Program.
The selected startups will focus on critical areas including battery technology, battery management systems (BMS), electric vehicle development, shared mobility solutions, and distribution networks. Amongst the selected startups are- VPush Technologies Pvt Ltd, Sock8, Zeromatter Tech Pvt Ltd, Electriq, Savy Electrics, Blumotiv, Sunmit Electronics, and Bambam Kart.
The 3-month programme aims to provide startups with exclusive 1:1 mentoring, collaborative group sessions, investor connections, and opportunities for market pilots. These resources will empower startups to secure initial customers, engage with investors, tap into government incentives and grants, and refine their business models. Startups were chosen based on founder credentials, business viability, and product innovation.
Mahankali Srinivas Rao (MSR), CEO, T-Hub, said, "Empowering startups to drive the wheels of innovation forward, AIC T-Hub's Mobility Cohort accelerates the journey towards a sustainable automotive future. With visionary startups onboard, we are charging ahead, catalysing breakthroughs in battery tech, EV development, and shared mobility solutions.”
Rajesh Adla, CEO, AIC T-Hub Foundation, said, “In every stride, AIC T-Hub remains steadfast as a guiding light for startups. Our unwavering mission is to equip every startup in the cohort with the necessary guidance and resources, empowering them to ascend to unparalleled heights of success."
Looking forward, AIC T-Hub envisions establishing an EV lab for startups and forging collaborations with automotive giants to bolster market penetration and fuel innovation in the mobility sector. AIC T-Hub remains steadfast in its commitment to shaping India's automotive industry's future, fostering innovation through partnerships with corporations, startups, policymakers, and academia to drive sustainable growth.
Since its inception, AIC T-Hub has nurtured 147 startups, facilitated funding totalling Rs 15 crore and engaged over 100 mentors, thus significantly enriching the innovation ecosystem.