BattRE, a technology-driven startup manufacturing electric scooters, has received an undisclosed amount of funding from Tata Motors’ former President Gajendra Chandel. The funds will be utilized for the launch of new models, increasing production capacity, and scaling the distribution and service networks.
BattRE Electric Mobility, founded in 2017 and headquartered in Jaipur, has introduced affordable e-scooters which come with technologically advanced features. The uniqueness of the startup is the Internet of Things (IoT)-connected electric scooter supported with a mobile app. It is a smart vehicle that uses cloud-based GPRS to connect with a smartphone app and store all vehicle-related data online. Using the app, the vehicle users can locate the nearest charging points and predict the scooter’s maintenance-related requirements. This smart electric scooter by BattRE runs on lithium ferro phosphate batteries (LiFePO4) instead of the conventional lead-acid batteries, thereby providing superior performance and longer operational life. The batteries of this scooter are expected to power it for about six years, the company claims.
BattRE Electric Mobility Private Limited is now being incubated with Sangam Ventures (NITI Aayog), an investor specializing in clean technology investments, the company added in its media statement.
This year’s budget shows the government’s willingness to enable the widespread adoption of electric vehicles. Read more about the budget highlights here.
Recently, Mercom reported on Ather Energy, backed by Hero MotoCorp, announcing that their flagship intelligent scooter, Ather450, is now FAME II compliant.
The Union Cabinet recently approved the proposal for the implementation of a program titled ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ aimed towards the promotion of electric mobility in the country. The program with a total budget of ₹100 billion ($1.41 billion), is expected to be deployed over three years with effect from April 1, 2019.
Image credit: Jeff Reisberg [CC BY 2.0]
Soumik is a staff reporter at Mercom India. Prior to joining Mercom, Soumik was a correspondent for UNI, New Delhi covering the Northeast region for seven years. He has also worked as an Asia Correspondent for Washington DC-based Hundred Reporters. He has contributed as a freelancer to several national and international digital publications with a focus on data-based investigative stories on environmental corruption, hydro power projects, energy transition and the circular economy. Soumik is an Economics graduate from Scottish Church College, Calcutta University.