* Breaks the Barrier with an intercity 150+ kms run on single charge
Altigreen, a ten- year-old Bengaluru-based 3W EV company showcased the capability of its maiden product neEV today with an Intercity Run from Mysore Palace – Bangalore Palace within a time span of 6 hours. The 6-hour run started with a flag off at Mysore Palace this morning and concluded at Bangalore Palace at 11 am today. Dr Amitabh Saran – Founder & CEO – Altigreen, Shalendra Gupta – Co-Founder Altigreen and Mr Debashis Mitra – Director – Sales, Service & Marketing received the vehicle with a flag in.
Dr Amitabh Saran, Founder & CEO of Altigreen said, “Range anxiety is one of the biggest concerns for the electric vehicle owners and potential buyers. This is a major challenge and we realised that while developing our first product. Building a robust EV charging infrastructure is a long-term solution to this. We need holistic solutions, not tomorrow but today. This is why we opted for a larger battery pack (11 KWH V/s Market Competition at 8 KWH) and used our Application engineering derived from our 26 global patents to ensure highest Regeneration of energy to give maximum mileage. Today’s INTERCITY Drive reinforces our commitment.
Altigreen has been investing heavily in the Research and Development of EV technology, bringing disruptive innovation in the space. With the rising demand for last-mile passenger and goods transportation in the aftermath of the Covid-19 pandemic, the Indian 3W market is projected to grow to Rs 14,000 crores in FY23 and with around 20% penetration the e-L5 3Ws in this fiscal will grow to Rs 4,500 crores. With the Made-in-India and Made-for-India Altigreen neEV with its class-leading Range, Ground Clearance, Top Speed performance and Volumetric load-carrying capacity along with the upcoming future products the ONLY ELECTRIC Last Mile Transportation Company aims to grab a leading position in this space.
Mr. Debashis Mitra – Director – Sales, Service & Marketing said that “Altigreen is poised to build a country-wide network and will bring innovative products in the coming months, which will promise technological prowess just like the neEV both in Cargo and Passenger category”.