August 2019: It had been almost 15 months since the first brainstorm and the EV market had rapidly changed since then, although a lack of expertise on the component level was still missing. The market was getting over crowded with almost a new EV player entering the market every fortnight. How do we re-align our business model to suit the changing times, how do we convert a disadvantage into an advantage?
Well, why not convert our competitors into our customers while also having a parallel business vertical of our own. This is what led to the idea of a plug & play unit being born. It would cater to the below three main segments,
Convert existing IC engine 2 wheeler mopeds into electric
Supply the unit to EV manufacturers
Tie up with fleet management operators