Home Media ETI Dynamics Introduces Solar Electric Hybrid Vehicles to India

ETI Dynamics Introduces Solar Electric Hybrid Vehicles to India

Sector : Urban Transportation
Friday, 22 May 2015 | NEW DELHI | Press Release

ETI Dynamics announced the launch of a hybrid vehicle at par with most innovative next generation solar electric hybrids, which will transform the urban mobility landscape in India. The launch was organised at the Press Club of India in the capital on Friday.

According to ETI Dynamics, the prototype is a hybrid scooter that has a canopy of bendable solar panel. It is the first of its kind in the country that can charge on the go. The prototype can travel for more than 50 km on a single charge at an impressive top speed of 45 kmph. It is light weight, has a weather proof design, and propagates the concept of mobile charging infrastructure. The prototype is amongst several other adaptations of the technology such as auto-rickshaws, buses, golf-carts, shuttle that will be launched in the next 12 months. The addition of solar panel to the vehicle increases the distance it is able to travel by 15-20, thus providing more efficiency gains.

Rajneesh Wadhwa, Chief Operating Officer, ETI Dynamics said, The electric vehicle market hasnt yet taken off in India due to high costs and lack of charging infrastructure. This is because the technology is restricted to very few platforms like cars. We need the entire eco-system to come up simultaneously which is what we are working on. Just like any electronic marketplace needs a critical mass of buyers and sellers to succeed, the same way electric mobility needs a large number of vehicles with an elaborate charging stations network to succeed. We are committed to bringing new technologies on the road coupled with charging infrastructure coming up at the same time.

The company will initiate pilots in 5-6 cities in India immediately in the coming months and expects the first batch of vehicles plying commercially on the road in the next 12 months. ETI Dynamics is working with a range of vehicle manufacturers and engineering institutions to bring prototypes to road. It is also creating a number of mobile phone applications that will help consumers locate charging stations, make payments, monitor battery performance etc., said Sanmit Ahuja, Chief Executive, ETI Dynamics.

The company is also in active dialogue with the Digit Group of USA and in partnership with Sunon Energy of India to transform the community and charging landscape in urban areas, he added.

About the organizers

ETI Dynamics is a Technology Accelerator, Infrastructure Developer and Investor focused on sustainable development through multidisciplinary innovation.

Through a Fast and Open Innovation Platform, ETI Dynamics generates innovative solutions through collective knowledge and state-of-the-art technology.

ETI Dynamics develops projects across multiple sectors through innovative financial and business models. The Infrastructure Development arm of ETI Dynamics is a turnkey solution provider that develops and invests in sustainable projects. With a wide portfolio of projects across multiple sectors, ETI Dynamics counts many global companies as strategic partners in its projects.

ETI Dynamics is an investor in technologies, projects and innovations centered on sustainable development. Zeus Environergy, the Asset Management Wing of ETI Dynamics supports ETI Dynamics investment functions with end-to-end engagement in projects including business and financial management. Zeus Environergy is a Joint Venture between Zeus Caps and ETI dynamics.