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In line with the current industry trends where EVs have soared in popularity, IIT Hyderabad incubated startup PuREnergy, launches its long-range high-performance electric two-wheelers in Hyderabad on April 29.
PURE EV is the electric vehicle vertical of PuREnergy, a startup incubated in IIT Hyderabad and manufactures high performance Lithium batteries.
The scooters are set to hit the market in May and will be made available in four distinct models, all designed especially for the Indian market.
The vehicle’s batteries have been designed to work in rough condition, weighs lesser for portability and deliver high discharge currents for fast pickup.
Each of the scooters comes with speed range between 60-100 kmph and a battery durability of 500 WH, while the last two models have portable batteries.
Stating that existing e-vehicles pose the challenge of lower-battery life, thus forcing users to use the charging ports frequently, Dr Nishanth Dongar, Founder, PuREnergy pointed that PURE EV’s portable batteries would resolve the problem to a large extent, “The one primary reason why people hesitate to buy e-vehicles is due to poor battery life and the non-availability of charging ports. With our portable batteries, this problem has been addressed to a large extent and our relatively large charging capable enable faster recharging of the batteries. Also,one of the biggest advantages that it will enable users to connect any charging port and power the battery.”
“We have developed strong capabilities in the lithium battery packs assembly, active balancing management systems and rigorous testing standards for deployment in our electric two-wheelers,” Rohit Vadera, Chief Executive Officer, PURE EV added.
The startup which has been working out of the 18,000-sq ft facility within IIT Hyderabad campus, has also collaborated with the institute for research and development pertaining to the development of the vehicles.
The students were also actively involved in designing various equipment including destructive testing, vibration testing and on-road simulation of EV are 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.
“PuREnerygy is an amalgamation of academia and industry people, thus the team brings with it a strong research and market oriented product. Dedicated research fellows are working on solving the problems associated with active cooling, in-depth electro-chemistry-thermal analysis and eventually making the entire battery unit compatible for high-speed EV applications,”Vadera added.
The Road Ahead
As the demand for environment-friendly solution witness an upsurge across the world, more startups and initiatives are venturing into the field in a hope to make it big. In India, electric car market alone was estimated to be at $71.1 million in 2017 and projected to reach $707.4 million by 2025, witnessing a CAGR of 34.5% during the forecast period. Added to this the government push for adopting more indigenous solutions with schemes like Make in India and Start-Up India, we will see more activities in the field
In the long run, the PuREnergy aims to expand it market presence and grow beyond the Indian market and have developed a strong collaboration with other EV startups to develop and supply high voltage lithium batteries for three and four-wheeler applications. “The company has invested a significant amount of resources for on road testing the products for their market readiness. Our electric vehicles offer significant cost savings over traditional ICE vehicles with running costs as low as 5 paise/KM. We are working actively for channel development and aim to deploy more than 10,000 units of our various models in the current financial year,” Vadera said.
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