Altigreen Propulsion Labs

📣 𝗗𝗲𝗮𝗹𝗲𝗿 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗡𝗲𝗲𝗱𝗲𝗱! Altigreen is expanding, and we need dealer partners in 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 (Gujarat) and 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 (West Bengal). To express your interest, or if you have questions, please email or call us. Email: dealerdevelopment@altigreen.com Call: +91-98505-52040 Call: +91-77087-44294 Altigreen is a Bangalore based leading manufacturer of commercial electric three-wheelers for the last-mile segment. Our made-in-India, made-for-India, highly-cost-effective EVs are known for their range, speed, carrying-capacity, and overall quality. We are a pan-India company with dealerships in most major cities. Today, our vehicles operate in more than 110 Indian cities thanks to a strong network of authorised service centres. Our ambitious growth plans include broadening our commercial EV portfolio across multiple mobility categories and expanding our presence to other emerging markets. Dealership applications will be accepted till 31 October 2024. Don’t wait, reach out today. #ElectricVehicles #EVDealership #LastMileDelivery #LastMileMobility #MadeInIndia #MadeForIndia #SustainableMobility #ZeroEmission

Last month, Bengaluru based Butthi Caterers became our first customer to cross the 𝗢𝗡𝗘 𝗟𝗔𝗞𝗛 𝗸𝗶𝗹𝗼𝗺𝗲𝘁𝗿𝗲 mark on its Altigreen EV. A fantastic feat achieved in just a little over 1.5 years. Congratulations to proprietor Deepak Yadav! Yadav’s company has been in the catering business for 20 years supplying prepared meals to corporates and private events. The ever-rising cost of fuel and the high cost of maintaining a diesel three-wheeler (which Butthi owned) led to the decision to buy an EV. Now Butthi spends less-than-a-rupee per kilometre on carbon-free deliveries, saving the company over 80% on fuel! Nationally, Butthi stands out as one of our very-high-daily-mileage customers, travelling no less than 180 km on delivery runs. In January this year, the company outdid itself by covering an impressive 253 km in a single day with only two charging breaks. Wow! At this rate, it won't be long before Butthi's Altigreen EV crosses yet another milestone. And we'll be sure to write about it. Stay tuned.⚡ #ElectricVehicles #LastMileDelivery #LastMileMobility #MadeInIndia #MadeForIndia #SustainableMobility #Sustainability #Sustainable #ZeroEmission #ClimateAction

As the second most-abundant element on earth (after oxygen), elemental silicon has been the most common raw material in semiconductors which power our electronics. And Electric Vehicles pack a LOT of it. Semiconductors are materials that can conduct electricity in some situations and block it in others. They are the foundation of modern technology and computing. In the fast-evolving world of EVs — which are powerful computers on wheels — automakers are constantly pushing the boundaries of efficiency to make EVs that charge fast, weigh less, and travel far. That quest for efficiency is leading EV makers to slowly transition onboard power electronics from silicon to gallium nitride (GaN) and silicon carbide (SiC) semiconductors. GaN and SiC devices completely outshine silicon. They are much smaller and lighter, are more efficient, can operate at much higher voltages, have higher power density, and withstand higher temperatures while remaining thermally stable. GaN semiconductors have already made their mark in the fast-charger market for smartphones and laptops. They offer three times faster charging in half the size and weight. While cost remains a hurdle for now, ecosystem suppliers are eyeing mass production of GaN and SiC based parts for EVs. #ElectricVehicles #PowerElectronics #GalliumNitride #SiliconCarbide #Semiconductors #Sustainability #ZeroEmission #ClimateAction

Goldman Sachs Research is projecting that by 2026, EV battery prices will fall nearly 50% compared to prices in 2023. When that happens, the upfront cost of passenger EVs (in the US) would be the same as equivalent ICE cars. Advances in lithium-ion battery technology means EV battery makers can now make battery cells that are more energy dense. This, along with the fact that battery metal prices are at an all-time low, will result in lower-than-expected EV battery prices. The average cost of an EV battery pack in 2026 could be as low as $80/kWh. Which would allow passenger EVs to achieve cost parity with petrol vehicles in the US without the need for subsidies. To put things in perspective, way back in 2013, the average cost of EV batteries was an eye-watering $780/kWh. Without a doubt, the EV era is upon us! #ElectricVehicles #SustainableMobility #ZeroEmission #ClimateAction

Yesterday, Ratan Tata passed away in Mumbai at the age of 86. He was responsible for transforming the Tata Group from an Indian business conglomerate to a globally recognisable multinational corporation. During his tenure as group Chairman, he oversaw the acquisitions of significant foreign brands like the Anglo-Dutch steelmaker Corus, UK-based car brands Jaguar and Land Rover, and the world's second-largest tea company Tetley. Ratan Tata was passionate about making cars affordable for the common person. In 2008, under his leadership, Tata Motors launched the cheapest car in the world — the Tata Nano. It was priced at an unbelievable price point of Rs.1-lakh. Today, Tata Motors completely dominates India's passenger EV segment with electric models such as Tiago, Punch, Tigor, Nexon, and Curvv. Punch and Curvv EVs are built of a pure EV architecture, and Tiago EV, priced at Rs.8-lakh, is the second most affordable passenger EV in India (after MG Comet EV). Rest in peace, Ratan Tata. 🙏 #RatanTata #RestInPeace #ElectricVehicles #SustainableMobility

The EU is imposing a 45% tariff on imported Chinese EVs for the next five years. The move is designed to level the playing field for European automakers who can’t currently compete with China-made EVs on price. Leading European car makers like Stellantis, Mercedes, and Volkswagen have struggled to break into the EV space. Too few models and their high cost have kept buyers away. The EU says China provides large subsidies to its domestic EV makers which allow them to sell EVs at unnaturally low prices in Europe, thereby unfairly beating competition from European automakers. But the EU action might be too little too late. Anticipating Western tariffs, Chinese EV companies are already investing heavily in EV factories and battery plants abroad. Chinese automaker and global EV giant BYD has chosen Hungary as the location for its first European factory. Another Chinese EV maker, Leapmotor, is setting up its plant in Poland. India needs to keep an eye out and learn from the experiences of the Europeans and the Americans. #ElectricVehicles #SustainableMobility #Sustainability #ZeroEmission #ClimateAction

EV makers are constantly looking for ways to make their vehicles lighter in order to extend range while using the same battery. Next-gen automotive structural adhesives are promising lighter EVs that go farther. Researchers at Japan’s Nagoya University have developed a new type of structural adhesive for the automotive industry — a hydrogen-bonded styrenic thermoplastic elastomer based adhesive — which is both flexible and extremely impact resistant. It has 22 times the impact strength of traditional epoxy-based adhesives that do not incorporate any rubbery additives. To quote one of the researchers, “The adhesive’s ability to bond various materials, such as metals and FRPs, enables the design of lighter vehicles without compromising safety or performance.” The breakthrough would not only benefit the automotive industry but also industries such as aerospace where lightweighting is a constant endeavour. #ElectricVehicles #StructuralAdhesive #Lightweighting #SustainableMobility #Innovation

Yesterday, the United Kingdom shut down its last coal-fired power-plant ending a 142-year history of electricity generated by burning coal, the dirtiest of all fossil fuels. In 1882, the world’s first coal-fired steam-driven electricity generation plant started commercial operation in London. Since then, and as recently as 2012, coal contributed 39% of the UK’s electricity supply. But Britain recognised the massive environmental cost of coal and decided to do something about it. The UK government set an end date for thermal power, put a price on carbon, aggressively backed offshore wind, made market reforms to encourage renewable energy, and invested in the grid. Today, the UK is the first among G7 nations to have successfully phased out coal from its energy mix. Well done indeed! #RenewableEnergy #Wind #Solar #Sustainability #ZeroEmission #ClimateAction

India’s largest automaker, Maruti Suzuki, will be launching its very first EV in early 2025. While that model will be primarily for the export market, the company is already working on setting up charging infrastructure for its EVs in India. Maruti’s first EV, a midsize SUV targeting the European market, will be built at the company’s Gujarat plant. By the end of the decade Maruti plans to have an EV lineup of six models including low-cost small cars to help budget-sensitive buyers make the transition to EVs. According to media reports, the automaker is holding talks with state-run fuel retailers (Indian Oil, HPCL, etc.) to explore leveraging their extensive network of fuel stations to set up charging stations. Maruti could install 25,000 charging points across India. #ElectricVehicles #SustainableMobility #EVTransition #ZeroEmission #ClimateAction

Karnataka is reworking its EV policy to attract a bigger share of India’s ecosystem investments and to grow EV adoption in the state. Supply side incentives will be sweetened, and for the first time, demand side concessions would be introduced. While Karnataka was the first Indian state to come out with an EV policy in 2017, it currently offers no sops to EV buyers. Instead, the focus has been on incentivising investors and EV makers. Notwithstanding, two prominent Bengaluru headquartered EV companies, Ola and Ather, decided to set up their manufacturing units across the border in Tamil Nadu. For auto manufacturers, Tamil Nadu offers policies like 100% reimbursement of SGST paid on the sale of final products made in the state for 15 years. In addition, the state has a large pool of skilled automotive engineers and technicians and offers convenient access to major ports (for exports) making it an attractive investment destination for the auto industry. So what can we expect from Karnataka’s still-being-drafted EV policy for the next five years? According to media reports, all electric and strong hybrid vehicles under Rs.25L will be exempt from road tax. Manufacturers may benefit from capital investment subsidies ranging between 15% and 25%, as well as exemptions from stamp duty charges. (Currently, Uttar Pradesh is the only Indian state which waives road tax for hybrid cars). Karnataka is eyeing clean mobility ecosystem investments to the tune of Rs.50,000 cr by 2029. #ElectricVehicles #LastMileDelivery #LastMileMobility #MadeInIndia #MadeForIndia #SustainableMobility #Sustainability #Sustainable #ZeroEmission #ClimateAction