The Indian EV Pioneer | Altigreen Propulsion Labs

Nothing can stop an idea whose time has come!

We’ve all heard of this phrase, and it’s most applicable to the Electric Vehicles or EVs sector. We live in a world where the wealthiest man is the founder of an EV company - Tesla. 

Pioneering the EV revolution in India is Altigreen Propulsion Labs, a market leader in last-mile transportation for commercial use.

Founder Amitabh Saran is a serial entrepreneur with almost 2 decades of experience. In his long career, he has worked with global companies like TCS, Philips, and HP. An ex-NASA engineer, Amitabh led the development of computational modeling systems for NASA scientists during his stint at the prestigious space organization.

Altigreen is an EV startup focused on the category of commercial three-wheeler vehicles, and it has raised almost 50 million dollars to date, with the Reliance group as one of its principal backers.

The company plans to create an EV ecosystem that is completely self-sustaining, from supplies to sales.

Amitabh spoke about his process of finding startup ideas and scaling them up. He also talked about the importance of building products in India that meet Indian needs instead of blindly copying the west. 

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Some of the things he shared:-

• Building TriVium

• Vision of Altigreen- carbon-free transportation

• neEV- Altigreen’s electric cargo 3-wheeler

• Scaling rapidly - main focus

Additional readings:-

1. How this 9-year old EV startup is betting big on last-mile logistics space in India and emerging markets.

2. Electric Vehicles Is All Set To Revolutionise Last-Mile Deliveries: Altigreen

3. Altigreen looks to disrupt electric 3W space with product, network, capacity expansion

4. Counterthesis: Altigreen’s Amitabh Saran believes electric three-wheelers have a long tail, longer than two- or four-wheelers

5. Fast charging solutions are the way forward: Altigreen CEO

6. BIG boost to EVs! Altigreen makes electric vehicles suitable for Indian roads, weather- Here's how
   

Before you go……the analytics only tell me so much, I want to hear what you feel and think about the conversations.

Mail me at ad@thepodium.in with your comments & feedback or if you just want to hear my comments on your startup idea - I love getting your emails!

Until the next founder's thesis📕,

Your host, AD