This post originated from FiiNews.
A US$10 million Pune factory is set to produce electric three-wheelers this month, first for the Indian market and then for exports to emerging economies globally.
The factory will produce 1,000 units per month and scale production in line with the Indian market demand, with export planed for the coming years, said Dr. Saurabh Markandeya, Co-CEO & Executive Director for SHADO Group the US$10 million investor.
SHADO has also unveiled its first model in Bangalore on 14 August 2019 backed by indigenous electric battery technology.
ERICK has two models – passenger and cargo e-vehicle – making it among the latest Electric Vehicle technologies based on affordable low voltage, high-performance instantly-charged transportation mode.
The zero-emission three-wheeler has a range of 70-km per charge and is capable of operating at high ambient temperatures and exceeds traditional gasoline, CNG and diesel vehicles in performance.
The proprietary ultracapacitor battery is able to charge in minutes from on-grid fixed charging stations or off grid mobile solar powered charging points.
ERICK passenger and the cargo three-wheeler models equip drivers and fleet owners with a powerful, robust transport solution for urban India as well as developing markets in Africa and South East Asia.
The vehicles are designed and manufactured by Bangalore-based Adarin Engineering Technologies which merged with SHADO in 2017.
The technology behind ERICK is the result of years of R&D conducted in Singapore and Bengalore that has produced a number of patented products, said Dr Markandeya. SHADO also has a research centre in Malacca.
SHADO plans to partner Indian SMEs and entrepreneurs and build out a pan-India charging ecosystem that will go on to enable the widespread consumer adoption of electric vehicles, said Dr Markandeya.
The present fleet of e-vehicles take too long to charge, are expensive and charging stations are few and far between. “Electric vehicles need to match conventional vehicles in performance, cost and durability, as well as have the requisite charging infrastructure in place,” he elaborated.
The Powertrain within ERICK is powered by ‘Electrans’, an indigenously developed electric powertrain consisting of a low voltage motor integrated with differential and a liquid-cooled motor controller delivering extreme torque even at low speeds.
The ultracapacitor battery uses di-electric material which does not produce any chemical reaction (unlike traditional Lithium ION batteries) meaning they last much longer and charge quicker.
The battery performance is managed by SHADO Group’s proprietary AI-based self-learning algorithm for passive and active balancing, ensuring consistent power output and efficient charging, he said. Fiinews.com