Skip to main content

MathWorks, Altigreen partner to develop electric three-wheelers

Altigreen initially enrolled in the MathWorks Startup Program, which provides early-stage companies with cost- effective access to MATLAB, Simulink, and more than 120 vertical applications to build their prototype and scale production.

Autocar Professional BureauBy Autocar Professional Bureau calendar 07 Oct 2023 Views icon4950 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
MathWorks, Altigreen partner to develop electric three-wheelers

Electric three-wheeler maker Altigreen has announced it's collaboration with MathWorks, a developer of mathematical computing software, to speed the development of Altigreen’s flagship electric three-wheelers, the NEEV. 
Altigreen’s electric three-wheelers are "Made in India, made for India" and are priced to bring electric three-wheelers within reach for small business owners, independent drivers, and fleet operators. 

Amitabh Saran, founder and CEO of Altigreen, said, “Our commitment extends to providing not just an eco friendly solution but also a cost-effective and reliable mobility option that empowers individuals and businesses to thrive in a sustainable and prosperous future. Using MATLAB and Simulink enabled our teams to rapidly test ideas and iterate on new design enhancements and features. Our proactive approach of investing in simulation and clean technologies, such as electric powertrains, helped the company reduce emissions and noise and create electric three-wheelers that outperform their fossil fuel counterparts in terms of torque, power, and range.”

Altigreen initially enrolled in the MathWorks Startup Program, which provides early-stage companies with cost- effective access to MATLAB, Simulink, and more than 120 vertical applications to build their prototype and scale production. In addition, the MathWorks Startup Program also offers technical mentoring, technical support from application engineers, training options in local languages, and discounted training. Altigreen graduated from the MathWorks Startup Program and now uses Model-Based Design to reduce development time and utilize simulations with real-world test data to make the design process more iterative.

"Altigreen’s participation in the MathWorks Startup program allowed it to gain early access to our industry- standard tools and enabled the company to accelerate its product development time and scale commercially,” commented Sunil Motwani, Country Manager, Sales & Service, MathWorks. 

“Designing a new drivetrain from scratch can take two years, but the Altigreen team’s usage of Model-Based Design enabled them to complete their last drivetrain redesign in under 13 months,” he further added. 

RELATED ARTICLES

TVS Automobile Solutions Secures Rs 425 Crore Funding Led by CE-Invests: TOI

auther Autocar Professional Bureau calendar05 Oct 2026

myTVS, the aftermarket platform, targets expansion in Middle East and North Africa while scaling technology infrastructu...

Mercedes-Benz India Reports Sales of 15,190 Units for January-September 2026

auther Dev Vadchhedia calendar05 Oct 2026

Mercedes-Benz registers six percent growth in third quarter volumes as demand for top-end models and electric vehicles d...

Euler Motors Captures 25% Share in 4W E-CV Segment

auther Dev Vadchhedia calendar05 Oct 2026

Euler says EV penetration in the LCV category expanded from one to five percent.