Saturday, December 30, 2023
At the Indian Institute of Technology’s (Delhi) Research & Innovation Park, Mr. Vikas Gupta and Mr. Ringlarei Pamei, the founders of the creative electric vehicle (EV) startup Creatara, finally unveiled their vehicle concepts officially, the VS4 and VM4.
Redefining urban travel with a blend of safety, customization, and cutting-edge technology, Creatara represents a major turning point in the electric vehicle market.
With an annual growth rate of more than 20%, the Indian market for electric vehicles is growing rapidly. The market relating to electric motorcycles and scooters was valued at USD 893 million back in the year 2022. This is, however, projected to grow at a compound annual growth rate (CAGR) of 27.30% to USD 6,161 million by 2030.
Creatara joins this expanding market driven by rising fuel prices, environmental concerns, and government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, which attempts to electrify 30% of India’s vehicle fleet by 2030. Investing now is highly recommended, as the industry’s market size is predicted to reach over USD 2.92 billion by 2032, up from USD 1.18 billion in 2023.
Safety is one of the primary concerns when it comes to vehicles. Creatara has kept that in mind and has a market differentiator like safe-start technology, which prevents unintentional or unauthorized acceleration by requiring a minimum rider weight to initiate the vehicle. This further minimizes the risk of overheating, which is decreased by effective passive battery pack cooling. Features like these offer peace of mind to the riders.
India-centric Creatara’s design is meticulously tailored to the various terrains and usage scenarios in India. Its state-of-the-art sensors and GPS tracking enhance rider safety and awareness by blending in seamlessly.
The modular vehicle platform of the e-bike is an essential part of its design. The most recent Moto-Cross variant, the VM4, exemplifies its versatility with features like high ground clearance, extended suspension travel, and specially designed panels for rough terrain and hilly navigation.
An e-bike offers customization options unmatched by any other product on the market, thanks to unprecedented levels of customization and enhancement that are unheard of in the automotive industry. This modular design and unparalleled customization options demonstrate Creatara’s commitment to accommodating each rider’s unique preferences.
Tags: automobile, bikes, IIT
Saturday, December 30, 2023
Saturday, December 30, 2023
Saturday, December 30, 2023
Saturday, December 30, 2023
Comments: