
Pure EV
Pure EV is an IIT Hyderabad incubated company.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | $8.0m Valuation: $175m | Series A | |
Total Funding | 000k |
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Pure EV is a startup that operates in the electric mobility solutions sector. The company's primary focus is on manufacturing and selling electric vehicles (EVs), particularly scooters, designed for the Indian market. The company's products are designed to be sustainable and environmentally friendly, with advanced features such as LED displays and top speeds of up to 85 KMPH.
The company's business model is centered around the production and sale of these electric scooters. They generate revenue through the direct sale of these vehicles to consumers. Their target market includes environmentally conscious consumers looking for efficient and sustainable travel solutions.
One of the key selling points of Pure EV's products is their cutting-edge battery technology. This technology not only powers the vehicles but also helps to reduce carbon dioxide emissions, with the company claiming a reduction of 66,149 tons to date. To assure customers of the quality and longevity of their products, Pure EV offers a 5-year battery warranty.
Additionally, the company has developed a proprietary technology called BaTRics Faraday, which detects defects in diverse battery series and initiates repairs, optimizing each cell's potential to its fullest. This technology further enhances the reliability and performance of their electric vehicles.
In conclusion, Pure EV is a promising startup in the electric mobility sector, offering innovative and sustainable solutions for the Indian market. Their commitment to quality and sustainability, combined with their advanced technology, positions them well for future growth in this burgeoning market.
Keywords: Electric Vehicles, Sustainability, Battery Technology, BaTRics Faraday, Indian Market, LED Display, 5-Year Battery Warranty, Carbon Dioxide Reduction, Electric Scooters, Mobility Solutions.