InnerCircle: 'Multiple products, platform-based design key factors for viability for EV startups': Aditya Puppala, Co-founder & CTO, Speedloop Auto

The four-year-old startup aims to bring clean and affordable mass mobility solutions to the market.

By Kiran Murali calendar 19 Apr 2024 Views icon3057 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
InnerCircle: 'Multiple products, platform-based design key factors for viability for EV startups': Aditya Puppala, Co-founder & CTO, Speedloop Auto

Multiple product strategies, platform-based design, and horizontal integration are the three key factors that could help new-age electric commercial vehicle companies ensure viability, according to Speedloop Auto Co-founder and Chief Technology Officer Aditya Puppala. Speedloop Auto is a four-year-old startup founded by Puppala and Gayatri Jadhav with a mission to bring clean and affordable mass mobility solutions to the market, at a time when large legacy automakers are looking to aggressively get into the electrification game.

With the scale being sub-optimal in the beginning, Puppala noted that having more than one product could help the companies reach a wider range of customers and support the scale. “We cannot afford to be a one-product company or bet everything on one product only. We have to diversify at the launch itself,” he said. Another point that Puppala believes can help companies in ensuring viability is a platform-based design approach for products. The design can be common across the models, with minor variations. “In some cases, major variations will happen in the power train and minor variations elsewhere,” he said.

“The third one is to be more horizontally integrated. especially in this segment. That is, rely on experts or best in class for hard technology,” Puppala added.

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

RELATED ARTICLES
Talbros Automotive revs up expansion as capacity hits peak

auther Autocar Pro News Desk calendar28 May 2024

The company has taken up a new premise on rent in Chakan, in Pune and the supplies are expected to kick start beginning ...

Amara Raja FY24 net profit up 24% YoY; Q4 profit grow 62%

auther Kiran Murali calendar28 May 2024

For the financial year 2024, the battery maker posted a net profit of Rs 905.9 crore, while its fourth-quarter net profi...

Rico Auto Industries expands footprint with land acquisition in Hosur

auther Autocar Pro News Desk calendar28 May 2024

The development comes amidst declining sales in FY24; finds solace in enhanced businesses from Maruti Suzuki and Toyota....