This post originated from MercomIndia.
Singapore-based Shado Group, provider of electric vehicle technology and charging infrastructure, has unveiled an affordable, low voltage, and instantly chargeable electric three-wheelers under the brand name, Erick.
The company plans to manufacture up to 1,000 units of these three-wheelers per month for the Indian market. The vehicles are designed and manufactured by Bangalore-based Adarin Engineering Technologies following a merger with Shado group.
According to the company’s statement, the electric vehicle has a range of 70km/charge, can operate in hot weather. The vehicle can operate even in temperatures ranging from -25 to over 60 degree Celsius.
The company claims that Shado is the only firm in Asia which provides ultracapacitor battery which can charge the EV within a few minutes and lasts for about 20 times longer than the existing ones available in the market. The ultracapacitor battery uses di-electric material which does not produce any chemical reaction.
“Erick comes in two variants – the passenger and the cargo three-wheeler version and will equip drivers and fleet owners in India with a powerful, robust transport solution and empower owners to develop and profit from their charging infrastructure. The company is set to invest over $10 million over the next two years in its factory in Pune,” said the statement.
“The needs of drivers and fleet owners in India are simple when it comes to their vehicles: cheaper to operate, durable, and with lower charging downtime. Shado group have matched and gone beyond these requirements,” says Dr. Saurabh Markandeya, co-CEO of Shado.
He told Mercom that his company is looking at targeting the commercial sector first.
“We have developed electric three-wheelers that can be used for passengers and cargo. We also allow entrepreneurs to develop their own charging points and profit from them. We believe that this will spur the development of necessary infrastructure that will allow for the mass adoption of electric vehicles,” said Markandeya.
According to him, the company will not go ahead with the mass adoption of electric vehicles in India or Asia, without adequate charging infrastructure.
Erick will cost only ₹1.5 (~$.02)/kilometer.
In a similar development in July 2019, the Kerala Automobiles Limited (KAL) had announced that it was set to roll out indigenous three-wheeler eco-friendly autorickshaws in the state.
According to the company, it had received the clearance certificate from Pune-based Automotive Research Association of India (ARAI) for the vehicles.
Recently, Uber, the world’s largest personal mobility company, also signed a pact with SUN Mobility, a leading energy infrastructure, and services provider, to deploy electric autos (E-Autos) which would help provide an affordable and clean commuting option to its riders.