Earth Energy EV: Offering Cost-Effective & Energy Efficient Electric Vehicles
The global Electric Vehicle (EV) market is projected to reach USD 802.81 billion by 2027, registering a CAGR of 22.6 percent. The highest revenue contributor in this landscape is the Asia Pacific, with estimations to reach USD 357.81 billion by 2027. Primarily designed to reduce the harmful exhaust emissions, Electric vehicles today have gained traction and popularity mainly owing to the convenience of charging at home, smoother drive, and reduced sound from the engine.Electric vehicles are digitally connected and are advantageous over conventional vehicles. However, when it comes to the cost, Electric vehicles are more expensive than gas-powered vehicles. Therefore, consumers today look for EV startups that not only offer cost-effective vehicles but also vehicles that perform better and help in managing the running costs in the long run.
This is where Mumbai based Earth Energy EV comes into the picture. Incepted in 2017, Earth Energy EV - a forerunner in the Indian Electric Vehicles landscape offers electric motorcycles and commercial vehicles that are not only cost-effective but also energy-efficient.
Modular platforms are becoming the sought-after platform among automakers worldwide as they look for options that let them explore alternative power sources. A single platform that is shared by vehicles with various technologies, not only brings down the cost of designing the lower-volume vehicles, but also provides automakers with one of the greater advantages of not having to engineer new platforms for each type every time.
Earth Energy has developed a versatile modular powertrain system, where the basic architecture of the drivetrain and controls remain constant. Any type of electric 2Wheelers can be built using this modular form factor.
When it comes to Commercial vehicles, the company is taking a unique
approach combining the Skateboard inspired design to keep the Powertrain components in the vehicle base. This enables Earth Energy to mount a variety of body types on the same platform hence reducing the overall time to market and streamlining the production supply chain using interchangeable parts and components.
Vehicles capable of charging from all the EV Charging infrastructures
Most of the electric Motorcycles that are currently available in the market, cannot be charged from a normal public charging station. Moreover, the vehicle owners are looking for a quick battery charge. Earth Energy EV has been successful in developing a hardware layer that makes its vehicles capable of charging from all the EV Charging infrastructures currently available in India.
“What differentiates our vehicles from the rest of the players is that our vehicles are designed ground up to be compatible with almost all the electric vehicle supply equipment infrastructure that is available in the public charging stations across the country today. We are using protocols that are already available in the market through the government and also through the private charging station providers,” says Rushi S, Founder & CEO of Earth Energy EV.
“We also provide customers with a portable EV charger so that they can charge a vehicle at their premises and we are also setting up a public charging station to charge our vehicles in addition to doing tie-ups with existing Charging networks to increase the touchpoints to improve customer satisfaction,” he adds.
Currently, Earth Energy is in the final stages of entering the market with an Electric Commercial vehicle and a set of Electric Motorcycles in Q4 2020. The company is also coming up with the numerous schemes and buying options for the consumers so that the transition from the petrol vehicles to EVs can be made easier.
These vehicles will be built initially at the company's production facility with a capacity of 1500Vehicles per quarter on the outskirts of Mumbai, however the company shared that it is already in the advanced planning stage to set up a greenfield production facility in the western state that can churn out a total of about 15000 Vehicles per year at the full operational capacity.
Vehicles capable of charging from all the EV Charging infrastructures
Most of the electric Motorcycles that are currently available in the market, cannot be charged from a normal public charging station. Moreover, the vehicle owners are looking for a quick battery charge. Earth Energy EV has been successful in developing a hardware layer that makes its vehicles capable of charging from all the EV Charging infrastructures currently available in India.
“What differentiates our vehicles from the rest of the players is that our vehicles are designed ground up to be compatible with almost all the electric vehicle supply equipment infrastructure that is available in the public charging stations across the country today. We are using protocols that are already available in the market through the government and also through the private charging station providers,” says Rushi S, Founder & CEO of Earth Energy EV.
“We also provide customers with a portable EV charger so that they can charge a vehicle at their premises and we are also setting up a public charging station to charge our vehicles in addition to doing tie-ups with existing Charging networks to increase the touchpoints to improve customer satisfaction,” he adds.
Currently, Earth Energy is in the final stages of entering the market with an Electric Commercial vehicle and a set of Electric Motorcycles in Q4 2020. The company is also coming up with the numerous schemes and buying options for the consumers so that the transition from the petrol vehicles to EVs can be made easier.
These vehicles will be built initially at the company's production facility with a capacity of 1500Vehicles per quarter on the outskirts of Mumbai, however the company shared that it is already in the advanced planning stage to set up a greenfield production facility in the western state that can churn out a total of about 15000 Vehicles per year at the full operational capacity.
