Altigreen Propulsion Lab’s Plans for E-Mobility – EV Next
This pos
t is a part of EV Next’s EV Perspectives.
Our specialty focus areas include
EV Next, a division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.
Get to know about 1000+ EV innovations from EVI2: EV Innovation Intelligence from EVNext
Introduction
Altigreen offers a complete technology stack designed and developed in-house and backed by 22 global patents which helps OEMs to launch their own EV with Altigreen’s proprietary integrated, customized drivetrain.
Company Profile
Altigreen Propulsion Labs (APL) is creating intellectual property in aftermarket products for automotive systems using green & eco-friendly technologies. APL provides a unique value proposition in the high growth hybrid/electric vehicle sector of India, Asia and other emerging economies, with a multi-billion dollar business opportunity. It has already designed IP for 4-wheel passenger and commercial vehicles and has a strong product / technology foundation. It has a split R&D center in USA & India, with manufacturing and product distribution partners across India.
Product Profile
- The company has developed a 48V hybrid solution HyPixi that can be retrofitted to an existing vehicle, to convert it into a hybrid. It operates without needing any external charging from the grid. Using regenerative braking, intelligent 48V charging and electric assist, it is able to achieve a 25% improvement in vehicle mileage.
- The company is already working with three OEMs in three different vehicle segments and are developing customized electric powertrains for their future vehicles.
- The powertrain components include
- Patented high efficiency motors including Brushless DC and AC Induction
- Proprietary electronics designed for efficient power management and stability
- Unique software with self-learning algorithms and fool proof security protocols
- Altigreen’s BMS can work with three different battery types –
- Lead Acid
- Ultra-Capacitors
- Lithium Ion
Electric 3-Wheeler: 90XT:
- Powered by a 9kW motor
- Offers a range of 150 kms with a top speed of 50 kmph
- Can carry a load of 600 kgs with 170 gradeability.
- Accelerates 0-30 kmph in 12 s
- Houses Altigreen’s own ERDi technology and software stack
Future Plans
- The company has bagged an order of 200 of the 90XT three wheelers from an undisclosed automobile company in September, 2019. Another 5000-6000 are in the pipeline. All orders are from last-mile and fleet operators
- The company claims that their 90XT electric auto should be able to go to market in the first few months of 2020 and revealed that it is closely working with three vehicle OEMs, one of which is set to launch a cargo-carrying electric three-wheeler under its own brand, but driven by Altigreen’s solutions, in the next three months.
- The company is currently working on their next prototype – the 170XT which is a four-wheeler cargo-carrier based on the Tata Ace
- With an 85 percent localisation of its drivetrain solutions, excluding the battery cells, Altigreen says its technology, when incorporated into a vehicle, will make it eligible to avail the subsidy under the FAME II.
- Believing strongly that demand will pick up in the near future, Altigreen plans to set up a larger capacity plant in Bangalore which calls for Rs 40-50 crore in capex. “The new facility should be up and about in 12-15 months’ time and will cater to OEMs, starting with three-wheeler companies,” says Gupta at the Auto Expo 2020 in February. The company will then be able to produce close to 3,000 drivetrains in a single-shift pattern and 6,000 units over two shifts each month.
Partnerships
- Greaves Cotton used Altigreen’s 3 wheeler electric powertrain to develop an e-Rickshaw which was displayed at the Auto Expo in Greater Noida in 2018 developed together in their partnership formed in October 2017.
Greaves’ electric rickshaw powered by Altigreen’s powertrain was showcased at the Auto Expo 2018
Read EV Next posts on the India electric vehicle strategy for these companies: ABB | ACME | Amara Raja | Ashok Leyland | Ather Energy | Audi | Bajaj | BASF | Bharat Forge | Black & Veatch | BMW | Bosch | Continental AG | Denso | Exide | Exicom | Ford | Fortum | General Motors | Great Wall Motors| Greaves | Hella | Hero Electric | Honda | Hyundai | JBM | Kia | Kinetic Green | LG | Mahindra Electric | MG Motors | Nissan | Ola| Olectra | Panasonic | Piaggio | Porsche | Renault | Samsung SDI | Schneider Electric | Sun Mobility | Tata Autocomp | Tata Motors | Tata Power | Toyota | TVS Motors | Uber | UL | Volvo |
Know more on how EV Next can assist your business in your strategy for the e-mobility and electric vehicles sectors, Here
Wish to know everything about India’s EV market from one place? Check out the India EV Expert Guide, an 800 page comprehensive guide to the Indian EV market. Here
Get to know about 1000+ EV innovations from EVI2: EV Innovation Intelligence from EVNext
