InnerCircle: ‘India has become the hotbed for innovation in the electrification space’, says Sumeet Dhar of Electra EV

The company is now switching to various other segments beyond passenger vehicles.

By Mayank Dhingra calendar 18 Apr 2024 Views icon4499 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
InnerCircle: ‘India has become the hotbed for innovation in the electrification space’, says Sumeet Dhar of Electra EV

Electra EV, the Pune-based EV startup which has been making electrification kits for Tata Motors' passenger vehicles – Tigor EV and Xpres-T EV – is working on at least 12 projects that are likely to see the light of day by end-CY24, revealed Sumeet Dhar, COO, Electra EV.

“We have electrified over 6,000 Tata Tigor EVs over the last few years, and outside of Tata Motors, we are working on at least 12 new projects that are going to see the light of day in the next 6-9 months,” says Dhar.

The company, which is backed by Tata Group Chairman Emeritus, Ratan Tata, says that while Tata’s belief of a four-wheeler being safer compared to a two-wheeler has trimmed the startup’s potential to scale rapidly, it is now switching to various other segments beyond passenger vehicles.

“India has become the hotbed for innovation in the electrification space. Contrary to ICE, which took over a century to perfect, e-mobility startups have tried to perfect their technology within a span of less than a decade. While this is primarily because of the democratisation of technology that is enabling companies to develop faster, technology suppliers must focus on reducing the time even further. If a company can offer tools deployed in the design of motors, controllers, and battery packs at a democratised price, the scale will go through the roof,” he said.

Also see:
Bengaluru Session | InnerCircle: a CXO Roundtable
Pune Session - InnerCircle: a CXO Roundtable
In Conversation with Autodesk's Detlev Reicheneder
Driving EV business with agility and flexibility
'EV makers must factor in delivering end-to-end solutions based on customer needs': Prasad Telikepalli of Matter
Tork Motors on verge of closing funding round
EV performance should be close to ICE, says Orxa's Ranjita Ravi

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