IIT Hyderabad incubated startup PuREnergy set to launch electric vehicles made for India
The electric vehicle segment of the startup Pure EV looks to deploy over 10,000 units on road in this financial year.
Indian Institute of Technology (IIT) Hyderabad-incubated startup PuREnergy announced the launch of its electric vehicle PURE EV. The startup also manufactures high performance Lithium batteries.
Launching with four models - Egnite, Etrance, Epluto, and Etron, PURE EV looks to deploy over 10,000 electric vehicles on road in this new financial year.
In a statement, the company said its electric vehicles are designed to endure tough environmental conditions, and have light portable batteries that deliver high discharge currents for fast pickup.
Also read: Swiggy goes the green way; delivers 1.5 M orders a month on cycles
Along with this, the startup has established an 18,000 sq ft state-of-the-art facility, co-located with IIT Hyderabad, for research and development, complimented by a production facility.
Speaking about the launch, Dr Nishanth Dongari, Founder of PuREnergy, said,
“We have developed strong capabilities in the lithium battery packs assembly, active balancing management systems and rigorous testing standards for deployment of our electric two-wheelers. We are also working at the Institute for further development of active thermal management systems, vehicle aerodynamics, and lighter weight with even faster chargers. This will enable us to launch high-speed electric vehicles in the future."
The startup has collaborated with other EV players to develop and supply high-voltage lithium batteries for three- and four-wheeler applications. It is working on ways to solve problems associated with active cooling, among other things, to make the entire battery unit compatible for high-speed EV applications.
PURE EV has deployed hundreds of test samples pan-India over last one year to various distributors, corporate firms and professional test riders. It is also in the process of developing a strong network of channel partners across India.
Rohit Vadera, the CEO of PuREnergy highlighted that the company's electric vehicles offer significant cost savings over traditional vehicles with running costs as low as 5 paise per kilometer.
Various equipment including destructive testing, vibration testing, and on-road simulation of the EV are also housed in the dedicated technology development centre set up by the company.
The extensive mechanical and electrical testing facilities have been used for continuous improvements of critical EV components and gain insights via life cycle analysis.