Sustainable mobility startup Dandera Ventures is gearing up to launch its first commercial Electric Vehicle (EV) in the Indian market in September 2022. The startup said that it has completed road tests for the EV and is currently in the process of setting up charging stations and finalizing service locations ahead of the launch.
Dandera said the EV will target last-mile delivery companies and independent delivery operators. The startup said that the EV will feature industry-leading performance and capacity benchmarks and be priced competitively.
Notably, All parts and components, including the batteries are manufactured in India, for both Indian and export markets.
Founded by industry professionals Kanav Manchanda, Kshitij Bajaj, and Sarth Jain,, Kshitij has over 16 years of experience in automotive design and engineering and has earlier founded Ion Ohms, dedicated to designing and developing Lithium Phosphate batteries and Electric Drive kits. Kanav has over 16 years of experience in managing key functions of factory operations, finance, and sales for different businesses.
Unlike several other EV manufacturers that source batteries or drivetrain components from abroad, Dandera claims it has designed and developed the underlying battery system and drivetrain technology completely in-house. The company employs more than 50 people in its R&D division located in Pune, it said.
Kshitij Bajaj, Founder & CEO of Dandera Ventures said, “We have invested significant time and resources in ensuring that the design and ergonomics of Dandera’s first EV as well as the entire upcoming EV range will not only meet or exceed the expectations of our customers in India, but also redefine the value of investing in EVs as they embrace the future of sustainable mobility.”
India’s commercial EV market has seen rapid growth in recent years. Electric three-wheelers made up 47% of all three-wheelers sold in the previous financial year, as per an analysis of the Indian government’s Vaahan database by EVreporter magazine.
As per the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) policy in FY23 budget document, the Indian government is supporting the growth of the EV industry through subsidies, favourable regulations and policies, 100% FDI approval, increased push for battery R&D, and improved charging infrastructure.