EVage has designed and built India’s first ‘Exoskeleton Structure’, which will serve as a common architecture for SUVs, vans, delivery vehicles and trucks. The company’s first product will be a four-wheel commercial vehicle meant for e-commerce delivery applications.
In a step towards developing indigenous and reliable EV solutions from the ground up, mobility tech startup ‘EVage’ has announced India’s first home-built ‘Exoskeleton Structure’ as part of a purpose-built EV platform for commercial vehicles. Redefining the way vehicles are conceptualised, designed, manufactured and deployed, EVage claims to have designed EVs akin to manufacturing aerospace structures, which is the key differentiator in its approach towards building a ‘new-age’ automobile company. It was conceptualised in 2014, and currently employs around 30 people at its R&D centre in Mohali, India.
“We are working hard to make it easy for vehicle-dependent businesses to leverage clean mobility with purpose-built products. It is our privilege to have a visionary in the EV and mobility industry – Anand Shah guiding us in this journey of ours. His experience with Ola Electric, BMW and Audi will only strengthen our long term vision to make logistics efficient for our customers and promote clean transportation”
Inderveer Singh, Founder and CEO, EVage
Further, the startup has revealed the influx of strategic investments from mobility veterans of the domestic industry. The latest funding round is led by Ola Electric Co-Founder and Senior Advisor Anand Shah, along with BryAir Director Varun Pahwa, and DMI Group partner Anmol Nayyar. The three invested an undisclosed amount in EVage, which is set to launch their first electric delivery van on a completely ‘Made in India’ structure.
“India is poised to be a major market for electric vehicles, starting with heavy users who depend on vehicles for their businesses and livelihoods. EVage has spent several years developing innovations that make it easier to manufacture and deploy commercial electric vehicles. I am excited to support their capable team as they bring transformative new vehicles to the logistics market”
Anand Shah, Co-Founder and Senior Advisor, Ola Electric.
EVage’s team of experts from aerospace, automotive design, and battery manufacturing industries are focused on addressing the specific mobility needs of India’s rapidly growing logistics and e-commerce segments. the company’s vision of ‘Made in India, Made for World’ is set to disrupt the logistics sector with the upcoming product, it assures. The latest investments will be used to build vehicles and deliver initial orders to EVage’s customers, it adds.
