Konwert India Motors

📍 COIMBATORE, India🗓 Founded 2019👥 10 employees💰 Last funded Dec 2024
Konwert India Motors was incorporated in 2019, for the sole purpose of accelerating EV adoption in India. It is clear that EVs are the solution to our concerning air quality levels, yet the premium price of an EV is a hurdle for large scale adoption. We uniquely focus on developing and retrofitting ICE 3W to battle deteriorating air quality through a techno-economic model that allows auto drivers to purchase the product. To make E-autos more affordable, we engineered powertrain solutions that can be retrofitted to existing vehicles. By converting existing ICE autos we reduce the upfront cost of the auto driver, keep the environment carbon negative, reduce scrapping and accelerate the adoption of EVs. Our business model is called EVwB, where we sell the drivetrain components and lease the battery over 5 years. To be able to sustain this and increase battery life, we deploy machine learning to increase longevity by gauging the battery performance against the effects of a multitude of ambient factors and by prescribing parameter optimisation for better performance and life. We are strategically approaching the aspect of building the ecosystem too by developing market-specific charging solutions that complement the customer behaviour and usage of the vehicle. To aid owners to adopt this solution we provide a SaaS monitoring system to account for income, lease collection, vehicle tracking, performance tracking, servicing and reporting.
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Total investors
0
Early stage
1
Mid stage
0
Late stage
2019
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
India
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Frequently asked questions
Who invested in Konwert India Motors?
Konwert India Motors has 1 investors on record on gritt.io, 1 mid-stage.
When did Konwert India Motors last raise funding?
The most recent investment in Konwert India Motors recorded on gritt.io was in December 2024.
When was Konwert India Motors founded?
Konwert India Motors was founded in 2019.
What industry is Konwert India Motors in?
Konwert India Motors operates in Motor Vehicle Manufacturing. Find similar Motor Vehicle Manufacturing investors on gritt.io.
Where is Konwert India Motors based?
Konwert India Motors is headquartered in COIMBATORE, India.