SlideShare uma empresa Scribd logo
1 de 48
Baixar para ler offline
www.insightssuccess.in
VOL-01
ISSUE-04
2022
Rise of Leadership
How start-ups have
boosted entrepreneurship?
Disrupting the Indian Automobile Market with Ingenuity
Business Marketing
How is marketing helping
businesses to grow?
The Most
Promising
Electric
Solution
Provider
ehicle
Mr Vinit Bansal
Founder and
Managing Director
Editor’s Note
any persons should be recognised for their
Mcontributions to the traditional invention of
Electric Vehicles. In 1828, Anyos Jedlik created
the first small electric car by building an electric motor.
Between 1832 and 1839, a Scottish inventor named Robert
Anderson created a crude electric vehicle.
The first electric vehicle was a three-wheeler dubbed
VIKRAM SAFA, which was created by Scooter's India Pvt
Ltd in 1996. A total of 400 automobiles were built and sold.
In the year 2000, BHEL released an eighteen-seater electric
bus, which was also a hit. Then, in Delhi, some 200 electric
vehicles were built and operated. However, because of the
expensive cost of the battery and its short life, it did not fare
well on the market.
Electric cars first appeared in the nineteenth century. They
did not fare well on the market previously because to their
expensive cost, limited speed, and short range. As a result,
demand initially fell over the world. They have, however,
been utilised for transportation and public transit,
particularly in the form of rail vehicles.
THE
EVOLUTION
OF ELECTRIC
VEHICLES!
st
The concern for the atmosphere skyrocketed in the 21
century as gas-powered cars create a lot of smoke and are
extremely hazardous to the atmosphere. This is one of the
main reasons that has intensified the concern for the
environment.
As a result, interest in electric vehicles has grown. Electric
vehicles were popular among those who drove them in
cities, where their limited range was not an issue. Another
factor that contributed to its success was the fact that it did
not need changing gears, making it a simple alternative. It
didn't have any vibrations or sounds. It didn't need to be
started manually, which was also a positive.
Electric vehicle uptake has been limited by a lack of power
infrastructure. An exchangeable battery service was initially
proposed in 1896 in order to address the restricted
operational range of electric vehicles and the absence of
recharging infrastructure.
Fast forwarding to 2021 and 2022, when firms are hustling
to produce inexpensive electric vehicles, with the goal of
dispelling the myth that electric automobiles are too
expensive. Some EV Solution providers are aiming to make
electric vehicles more accessible for everyone. They
specialise in automobiles as well as other items including
electric LCVs, electric bikes, and electric three-wheelers.
Realising this, EV Solutions provider in India are all set to
deliver best and quality services to the clientele and create
an impact on the world. In this edition of Insights Success –
'The Most Promising Electric Vehicle Solution Provider'
we are happy to shed light on some of the inspiring and
innovative electric vehicle solution providers in India that
are committed to deliver quintessential solution. Let's
peruse through the pages of this magazine. Afterall, the
business world is waiting for the future of Electric vehicles.
Sayali Sangewar
Managing editor
sayali.sangewar@insightssuccess.in
Disrupting the Indian Automobile Market with Ingenuity
A
r
t
i
c
le
s
22
36
Business Marketing
How is Digital Marketing
helping Businesses to Grow?
COVER
STORY
08
Rise of Ledearship
How have start-ups
boosted entrepreneurship?
EV MOTORS
India Pvt. Ltd.
C
O
N
T
E
N
T
S
16
18
26
32
40
EVRE
A Sustainable
Future of Mobility
SemaConnect
Powering the EV Space Through
Innovative and Sustainable Solutions
Statiq
Leading-Edge Solutions
Augmenting the EV space
Verde Mobility
Viable Solutions to
Drive into the Future
Zeon Charging
The Sustainable
Mobility Accelerator
Copyright © 2021 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or
transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd.
Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd.
Follow us on : www.facebook.com/insightssuccess/ https://twitter.com/insightssuccess
Cover Price : RS. 150/-
RNI NUMBER: MAHENG/2018/75953
Editor-in-Chief Sumita Sarkar
Deputy Editor Abhishaj Sajeev
Managing Editor Sayali Sangewar
Assisting Editor Aditya Umale
Contributing Writer Ashlesh Khadse
Designing Head Rashmi Singh
Designer Vishal Pawar
Operations Head Megha Mishra
Asst. Manager Ashwini Pahurkar
Business Development Lead Asif Patel
Sr. Business Development Executive Neha Bhadane
Technical Head Prachi Mokashi
Technical Specialist Amar Sawant
Digital Marketing Manager Amol Wadekar
SME-SMO Executive Atul Dhoran
Circulation Manager Tanaji
Insights Success Media Tech LLC
555 Metro Place North, Suite 100,
Dublin, OH 43017, United States
Phone - (614)-602-1754
Email: info@insightssuccess.com
For Subscription: www.insightssuccess.com
Insights Success Media and Technology Pvt. Ltd.
Off. No. 22 & 510, Rainbow Plaza, Shivar Chowk,
Pimple Saudagar, Pune, Maharashtra 411017
Phone - India: +91 7410079881/ 82/ 83/ 84/ 85
Email: info@insightssuccess.in
For Subscription: www.insightssuccess.in
Corporate Offices:
sales@insightssuccess.com
JANUARY, 2022
We are also available on
Management Brief
Company Name
Vinit Bansal,
Fouder and
Managing Director
SemaConnect India
Krishna Jasti,
Founder and CEO
Statiq
EVRE
Mahi Reddy,
Founder and CEO
EV Motors India Private Limited has been focusing on the
environment and the energy industry in India and working
towards addressing the major air pollution issue that is
grappling the country.
EVRE designs, develops, and manufactures EV charging
stations that are amongst the most advanced globally, with a
technology that we have patented.
SemaConnect was set up to be an integrated and
comprehensive solution provider for Electric Vehicle Charging
Infrastructure in the world.
Statiq is India’s largest EV charging network and builds the
entire ecosystem, including both software and hardware, to
fast-track EV adoption in India.
EV Motors Pvt. Ltd.
Akshit Bansal,
Co-founder
and Raghav Arora
Co-founder and CTO
VerdeMobility
VerdeMobility, is a one-stop solution for establishing a cost-
effective, efficient, and sustainable electric vehicle charging
ecosystem.
Tejas Vaghela,
Director and CTO
and Paresh Patel,
Founder and CEO
The Most
Promising
Electric
Solution
Provider
ehicle
Zeon Charging
Zeon Charging is building the infrastructure needed to enable
the EV Revolution in India. It is installing electric vehicle
chargers at convenient locations throughout the nation
K P Karthikeyan,
Co-founder and CEO;
C Yuvaraj,
Co-founder and CTO;
and K Nallasivam,
Co-founder and COO
Disrupting the Indian Automobile Market with Ingenuity
“
EV Motor's mission is
to provide 'Energy as
a Service' for our e - mobility
consumers by leveraging EV
charging and Energy Storage
infrastructure developed on
our unique cutting-edge
technology platforms
“
COVER
STORY
Mr Vinit Bansal
Founder and
Managing Director
Battery prices are dropping faster than expected.
Analysts are moving up projections of when an
electric vehicle won’t need government incentives to
be cheaper than a gasoline model.Alas, the age of electric cars
isdawningaheadof schedule.
In India, the population of electric vehicles is rising day by
day with the new EV models hitting the market. To ensure
smooth operations of these vehicles, there is a requirement for
the proper establishment of integrated network of charging
infrastructureacross India.
Answering this need, the Noida-based company – EVMotors
India Pvt. Ltd., is on a mission to establish a commercially
viable and sustainable e-mobility ecosystem, to promote a
cleaner, greener environment leveraging the ‘Make in India’
initiative. EV Motors is seeking to leverage its EV Charging
network and Energy storage infrastructure developed on its
unique cutting-edge technology platforms to provide
‘Energyas aService’for theire-mobilityconsumers.
EVM ata Glance
EV Motors India Private Limited (“EVM”) was incorporated
in January 2016 and has been focusing on the environment
and the energy industry in India and working towards
addressing the major air pollution issue that is grappling the
country.To develop the e-mobility ecosystem, the company is
supported by a management team that has significant years of
experience in energy and alternate energy application for the
automotive industry. Specifically, the management, through
its global partnerships, has successfully designed and built
electric and hybrid-electric vehicles in USA, Europe, and
Canada. The company is seeking to bring this rich experience
for the development and localization of the technology for the
Indian marketplace. The company has taken initiative to
develop the e-Mobility ecosystem and has three business
models,namely:
1. Development of PlugNgo Network connected through
its Software Platform - EVM is involved in building
charging infrastructure in India and have installed several EV
Charging outlets under the brand ‘PlugNgo’ and utilizing its
indigenously developed software platform. The company
offers a franchise-based EV Charging Network for its partner
to help establish a network of charging stations across cities,
businesses, and residential complexes. The business model
allows its partners to tap into huge market opportunities while
mitigatingtheirrisks.
At the same time, this model allows the partners to benefit
from the upside as the market evolves. EVM is initially
building its fast-charging network “PlugNgo”, across 15
cities before expanding across highways and tier 1, 2 & 3
cities. This will include 500 charging points in 2022-23 for
2W (2-wheeler) and 3W (3-wheeler) as per the EVM
proprietary fast DC chargers. EVM has tied up with various
organisations to help expedite the rollout of this network to
ensure that the charging points are available as vehicles are
deployed. The first set of chargers will be up in Delhi/NCR
and Bengaluru by July end, followed by an express plan to
launchinallothercitiesbyNovemberor December.
“
EVM is in the process
of setting up a
comprehensive Fast
Charging Network
under the Brand of
PlugNgo, across
15 cities.
“
The Most Promising Electric Vehicle Solu on Provider
2. Last Mile Delivery Solution - EVM provides a holistic
turnkey Electric Vehicle Solution to Last Mile Delivery
Operators for 2W and 3W applications. EVM team has
focused on delivering innovative solutions to address critical
challenges of the Last Mile delivery industries such as
ownership of vehicles spread across a large number of
individuals, access to financing, EV charging infrastructure,
battery performance and vehicle uptime and service issues.
Mr Vinit Bansal commented on the progressive development
of EVM Last Mile Delivery Solution by saying, “Our solution
enables a robust roadmap to build an effective fleet of EVs.
This shall result in more efficient supply chain facilitating
easy transition to EVs by bringing down maintenance and
operating costs and positively impacting business unit
economicsfor thelogisticscompanies.”
Current Projects - EVM is presently pursuing pilot projects
to provide a commercially viable e-mobility solution for Last
Mile Delivery companies in the e-commerce logistics, food
delivery, and courier delivery segments. For this purpose,
EVM has entered into a Memorandum of Understanding
(‘MOU’) with Hero Electric for providing electric 2W for
Last Mile Delivery application. EVM is also in discussions
with other 2W and 3W electric vehicles like Ampere, Lohia
Auto, e-Trio for certification and deployment of their
batteries.
3. Energy Storage – In addition to EV Charging Infra and
LMD solution, EVM has also developed and certified @
Automotive Research Association of India (ARAI) its
Lithium-Ion battery solutions for the Electric 2-Wheeler
(2W) and 3-Wheeler (3W) industry which constitutes 80% of
the Indian automotive market. These are reliable and safe
batteries that are built to deliver the highest performance with
30 mins charging capability for 2W & 3W applications. The
battery is certified, maintenance-free, long-lasting, and
ensures thesmoothfunctioningof allthevehiclesitserves.
4. Providing Idiosyncratic IoT Solutions - EVM offers
unique IoT solutions that can be activated with the help of
riders’ smartphones and continuously generate data from the
integrated sensors which are transmitted and stored on the
cloud server. Further, most functional level mobility data will
produce more focused insights related to fleet management
andenablethesmoothoperationofbusiness.
The IndustryVeteranand the Dynamic Leader
Mr Vinit Bansal is the Founder and Managing Director of
EV Motors India Pvt. Ltd. (“EVM”) with over 30 years of
experience in automotive, energy, private equity, and
managementconsultingbusiness.
In 2015, Vinit Bansal came to realise that India is grappling
withtwo challenges:
1. The top 20 Indian cities are also the most polluted in the
world.
2. Indian imports of crude oil were increasing significantly,
whichwas affectingforeignexchangereserves.
Then, the Government of India announced the Faster
Adoption of Manufacturing of Electric Vehicles (FAME)
policytopromoteelectricvehicles.
“EVM offers a reliable
and safe battery
that is built to
deliver the highest
performance for
2W applications.
“
As Vinit recollects, “Given my background in the alternate
energy technologies, I felt I could make a significant
contribution and align with government initiatives and set up
EV Motors with a focus towards adoption of EVs and
promotingEVsolutionsandtechnologies.”
His vision is to establish an e-mobility eco-system in India
that includes the development of a national network of
charging infrastructure under the brand name ‘PlugNgo’
Battery manufacturing and to provide Energy as a Service. He
believes renewable energy will also be an integral part of this
ecosystem and his endeavour is to create a commercially
feasiblesolutionwhileaddressinglocalchallenges.
Prior to founding EVM, Vinit Bansal successfully launched
various vehicle programs in the US, Canada and South
America for Ford Motor Company and led their corporate
manufacturing strategy being located at their world
headquarters. In 1994, he led the activities of Delphi
Automotive Systems to establish a presence in India and build
multiple manufacturing plants for multiple product lines. In
early 2000, he also set up the first automotive Special Purpose
Acquisition Corporation (SPAC) that included India as a
focused country for investment in the automotive component
sector. He has experience in the Energy Industry
manufacturing Diesel Generators at Caterpillar India and
designing Nuclear Power Plants with Sargent & Lundy, a
Chicago-basedconsultingfirm.
As a Ford representative on the Partnership of Next
Generation Vehicles (PNGV) – a joint initiative between
Ford, GM, Chrysler, and Department of Energy of the
Government of United States, he worked on technologies
related to the production of fuel cells, flywheels, turbines, and
batterytechnologiesfor promotingalternateenergyvehicles.
Vinit received his Bachelor of Science degree in Mechanical
Engineering from Birla Institute of Technology, India and
later completed his Master of Science degree in Mechanical
“
In addition to batteries
and charging infra,
EVM is also focusing
on providing Last Mile
Delivery services for
the online ordering and
e-commerce industry
by deploying
electric vehicles.
“
Engineering from MichiganTechnology University, USA. He
further went on to complete his master’s in business
administrationfromtheUniversityof Michigan,USA.
Enduring Hardships
There has been multitude of challenges that the team of EV
Motors faced and continue to face. Starting with policies that
government was adopting while EVM was actively involved
inprovidinginputstowards thepolicymakingprocess.
“In order to zero-in on the business model and the technology
solutions we want to focus upon, we had to understand the
market dynamics, government policies, competitive
landscape, technology capability, and innovation requirement
to build the necessary business model,” added the team over at
EVM.
Additionally, access to capital has been challenging as the
financial community has been waiting and watching the
market evolve before investing. However, things have
evolved now and there are several strategic & financial
investorswho arekeentoinvestinEVspace.
Then the pandemic rolled around and further weakened the
situation. Lockdowns, challenges in adjusting to the work-
from-home model were other major concerns that resulted in
the delay of projects. The delay in projects and limitations in
access to capital led to a reduction in the staff and scaling
down thegrowth plans.
Even while suffering through these hardships, the team of
EVM supported their customer base and tried to keep the
customershappy.
Awards andAccolades
• Mr Vinit Bansal (Managing Director, EV Motors)
received an award for the ‘Most Impactful Smart City
Leaders’ from the Mayor of a smart city in the
Philippines.
• Mr Vinit Bansal received an award for the ‘Outstanding
Global Leadership Award 2019’ at Kaula Lumpur,
Malaysia.
• PlugNgo (EVMotors India) won Frost and Sullivan 2019
– Indian EV Charging Network Industry Entrepreneurial
Company of the Year Award. This prestigious
recognition is based on the extensive Frost & Sullivan
analysisoftheIntelligentMobilityIndustry.
ToInfinity and Beyond
When asked about what advice would he like to give to the
new generation of entrepreneurs and enthusiasts venturing in
theelectricvehiclespace,MrVinitBansalsaid,“Thisis oneof
the rare instances where India has an opportunity to be in the
forefront on technology development and address the global
needs and requirements. I would like to advise the young
individuals to think innovative technology solutions that
would help resolve business and industry pain points, not only
fromadomesticperspectivebutfromaglobaloutlook.”
“It is the greatest opportunity for young individuals who need
to think about becoming global players,” added the astute
founder.
Today, the key thing that EV Motors is envisioning for its
business is the ability to work on technologies and solutions
that would address the needs of the industry and help the faster
adoptionof EVs marketpenetration.
FutureGoals
EV Motors plans to develop its team capable of continuously
working on innovative technology solutions that helps
companytoachievesustainabilityandscalability.
“Embrace the Change - Being Proactive, Being Patient and
Being Innovative,” concluded the dashing Founder and
ManagingDirector– MrVinitBansal.
Subscribe Today
CORPORATE OFFICE
Insights Success Media and Technology Pvt. Ltd.
Off No. 22 & 510, Rainbow Plaza, Shivar Chowk,
Pimple Saudagar, Pune, Maharashtra 411017.
Phone - India: 020- 7410079881/ 82/ 83/ 84/ 85
USA: 302-319-9947
Email: info@insightssuccess.in
For Subscription : www.insightssuccess.in
Cheque should be drawn in favour of : INSIGHTS SUCCESS MEDIA AND TECH PVT. LTD.
Stay in touch.
Subscribe to Insightssuccess Get Insightssuccess
Magazine in print, & digital on www.insightssuccess.in
www.insightssuccess.in
EVREA Sustainable Future of Mobility
Going green and sustainable is
not a choice anymore. It is the
only guarantee that we will
see a better future.
As per the USA's Environmental
Protection Energy (EPA), a typical
passenger vehicle like a car emits up to
4.6 metric tons of carbon dioxide CO2
annually. In addition, it also produces
methane (CH4) and nitrous oxide
(N2O). CH4 and N2O have a higher
potential for global warming than Co2.
In contrast, an automobile exclusively
operating on electricity (an electric
vehicle or EV) will not emit any of
these dangerous gases in our
atmosphere, helping it heal itself from
pollution.
Due to this factor and the continuously
rising fuel prices, people prefer EVs
more and more. A major factor in
discouraging them from buying an EV
is charging infrastructure or charging
stations.
But now, they need not have to worry.
As herein comes EVRE that provides
sustainable EV charging infrastructure
across cities. It is smart, convenient,
and connected. It ensures a seamless
experience for the consumer. It makes
the switch from a polluting vehicle to a
clean and green vehicle easy.
EVRE further integrates renewable
energy resources into its charging
stations, making the infrastructure
completely sustainable.
On our quest to find out 'The Most
Promising Electric Vehicle Solution
Provider,' luckily, we came across Mr.
Krishna Jasti, Founder and CEO of
EVRE. And in an exclusive interview
with Insights Success, he was very
enthusiastic discussing his venture and
this cleaner and greener future led by
the Electric Vehicle industry. Below
are the highlights of that interview.
Please breif us about EVRE.
EVRE designs, develops, and
manufactures EV charging stations that
are amongst the most advanced
globally, with a technology that we
have patented.
EVRE also creates charging
infrastructure for fleets, enabling them
to shift to EVs and for occupants of
gated communities and at workplaces.
What made you venture into the
Electric Vehicle Solution Space?
All of us want to make our Earth a
better, cleaner place. Our bet was to
create sustainability in mobility to
achieve this.
We felt that there was a severe lack of
innovation in the EV charging space.
Also, most of these charging stations
globally were sourced from China. We
wanted to change the status quo.
What kind of offerings do you
provide to your clients?
EVRE manufactures EV charging
stations that can be bought by builders,
societies, companies, charge point
operators, and PSUs. We have sold
hundreds of charging stations in India
and West Africa, including IOCL.
EVRE also creates charging
infrastructure for fleets. We currently
support fourteen fleet customers across
twelve cities, charging over 1,000 EVs
every day.
Our residential charging infrastructure
is a game-changer by enabling
occupants of an apartment to charge
their vehicle in their building with zero
CAPEX.
What kind of challenges have you
faced while entering the Electric
Vehicle Solution Space?
EVRE was incorporated in 2017, much
before the Indian government pushed
for EVs. We had to wait for over three
years to build some traction. However,
we were able to use that time to build
technology.
How was EVRE affected in these
pandemic times, and what were the
steps you took to curb the damages
while helping your clients and
maintaining the safety of your
employees?
As our business is operationally
intense and most of our customers
were fleets that were allowed to
operate at all times, the pandemic did
throw a few challenges at us. We had
to create a robust infrastructure with
minimal failures to prevent our team
from going on to the field.
We used the lockdown to strengthen
our strategy and keep the team
motivated to achieve bigger things.
What would you like to advise the
young generation of entrepreneurs
and enthusiasts who want to venture
into the Electric Vehicle Solutions
Space?
The EV space in India today is
extremely competitive. It is especially
important to have a very clear vision
and create an irreplaceable value-add
for the customer to be able to succeed.
Where do you envision EVRE to be
in the long run, and what are your
future goals? How do you plan to
embrace the changes happening in
16 | January 2022 | www.insightssuccess.in
An Inspiring Leader
Krishna Jasti is an automotive
enthusiast and a proponent of
electrified mobility with a
master's degree in Electric Vehicle
Engineering from Wayne State
University, Detroit.
He was amongst the first
engineers at Audi to have worked
on the Audi A3 e-Tron BEV and
PHEV in Germany and USA and
on the Chrysler Pacifica PHEV
with Fiat Chrysler Automobiles.
Krishna's strength and experience
lie in the design, development and
testing of electrified powertrain
and EV charging stations.
He is passionate about everything
related to Automobiles, and he
has a keen interest in solving key
existing problems. He firmly
believes the future of mobility
is all about vehicles that
are electric,
connected, and
autonomous.
your industry?
The EV industry is very dynamic, and
technology improvements can happen
much quicker than anticipated. We
focus on continuous product
development that enables us to be on
par with where the industry may be
heading.
Our vision is to enable sustainable
mobility globally.
What is the current industrial
scenario of the Electric Vehicle
Solution Space?
Today seeing an EV on the road is a
common experience. The rate of
adaption for EVs is accelerating at a
rapid pace. There is going to be a huge
shift in consumer behaviour, driving
habits, and support services, thus
enabling infinite new opportunities.
Please provide your views on – How
will switching towards sustainable
resources will help the planet?
We have ill-treated our planet for too
long. The recent forest fires and
extreme weather are proof of this and
reason enough for us to think of a
solution for what could possibly be our
last chance. It is time for us to respect
nature, and one way of doing it is by
reducing pollution wherever possible.
Some of the most important areas to
reduce pollution are power generation
and transportation, and these can be
easily done by solutions that already
exist. All that is required is a change in
our mindset.
The most important aspect is to use a
form of energy that is the least
polluting. This could be solar, wind or
hydro, or a combination of them,
considering the limitations each one
has. Once energy generation is
sustainable, we will see a drastic
decrease in pollution.
Even if one does not believe in global
warming, a cleaner planet will at least
enable them to enjoy the air once they
step out of their house.
Some of the most
important areas
to reduce pollu on
are power genera on
and transporta on,
and these can be
easily done by solu ons
that already exist
“
“
Krishna Jas ,
Founder & CEO
The Most Promising Electric Vehicle Solu on Provider
17 | January 2022 | www.insightssuccess.in
The commencement of Electric
vehicles happened in the early
th
19 century. In its initial state,
it failed to accumulate market insights
due to its high cost, low speed, and
short range, resulting in a decline in
global demand.
However, because of their convenient
nature, electric vehicles were driving
the public and transportation space. As
the concern for sustainable
transportation utilities experience a rise
with experiencing inflation in
alternative energy sources, the interest
in electric vehicles went on increasing.
Fast forward to 2022, the electric
vehicle industry is experiencing an
immense thrust and companies in this
space are aggressively working
towards manufacturing sustainable
solutions to drive reliability in this
space.
Innovative solutions like rapid
charging stations, lightweight, and
long-lasting batteries are on the rise.
Some companies are working to
develop the essential infrastructure
required for the growth of the EV
industry. This is where SemaConnect
comes into the picture.
SemaConnect is providing a wide
variety of AC chargers – from 7.2kW
to 19.2kW with assorted products
catering to different market segments
of the EV industry and is driving the
EV space by providing holistic and
integrated solutions to their clients in
the EV industry.
In an exclusive interview with Insights
Success, team SemaConnect sheds
light on the company's journey, the
current industrial scenario, and
opinions on the future of the company
in the EV industry.
Please describe our audience about
SemaConnect in detail.
SemaConnect was set up to be an
integrated and comprehensive solution
provider for Electric Vehicle Charging
Infrastructure in the world.
As one of the pioneers in the field –
from the early days the endeavour has
been to provide a holistic and
integrated solution combining
hardware and software in this space.
Please brief us about Mahi Reddy
and shed some light on his
professional tenure in the EV space.
Powering the EV Space Through Innovative and Sustainable Solutions
The Most Promising Electric Vehicle Solution Provider
SemaConnect
18 | January 2022 | www.insightssuccess.in
Mahi Reddy is the Founder and CEO
of SemaConnect. Mahi has been a
serial entrepreneur and has been
associated with starting and scaling
companies over the last 3 decades.
Mahi started SemaConnect in late
2008/09 as he saw the future of
transportation moving to clean energy
and electric vehicles.
As one of the pioneers in this space,
Mahi has seen the growth and
evolution of the EV industry in
technology, standards and share of the
market.
What made Mahi Reddy venture
into the Electric Vehicle Solution
Space?
Early visibility into the future of the
automotive industry through industry
veterans in Detroit and the larger
United States transportation industry
gave Mahi a view into the future.
As a seasoned entrepreneur, Mahi also
had the wisdom to enter the space early
and take a cautious approach to build
the business for the long haul using
sound business principles and pricing
strategies while using an integrated
hardware and software approach to the
business.
What kind of challenges has Mahi
faced while commencing his
professional journey in the Electric
Vehicle Solution Space?
Any entrepreneurial entry into a
business especially a new area is
challenging. In the beginning, the lack
of any standards across the world was
a huge challenge as different OEMs
had their standards. The price of
batteries and hence of vehicles was
also hampering the growth of the
industry.
In India, the lack of a good standard
especially for two and three-wheelers
continues to be a challenge. An
increase in the number of models for
four-wheelers to be available for sale is
also an impediment.
While the government has made some
good policies like the FAME II scheme
and the reduction in GST as well as the
removal of road tax in many states –
we now need the industry to stand up
and deliver in the form of new and
innovative products and for consumer
adoption to pick up.
What kind of offerings does
SemaConnect provide to its clients?
SemaConnect provides a wide variety
of AC chargers in the US Market –
from 7.2kW to 19.2kW with assorted
products catering to different market
segments including home chargers,
commercial chargers, fleet market
chargers. In 2022, SemaConnect will
also launch its range of DC chargers in
the US Market.
In India, we are currently limiting
ourselves to one version of the 7.2kW
charger called the Series 7. This is a
dual plug charger capable of charging
two cars at the same time.
We are also launching a new product in
Q2 of 2022 (CY) for the Indian market.
This will be a two-wheeler charging
solution.
Mahi Reddy
Founder and CEO
of SemaConnect
“
“
SemaConnect
provides holistic
and integrated
solutions to
their clients.
19 | January 2022 | www.insightssuccess.in
How was SemaConnect affected in
these pandemic times and what were
the steps taken by you to curb the
damages while helping your clients
and maintaining the safety of your
employees?
The pandemic did have a significant
impact on business especially in terms
of supply-side challenges in parts and
the bug uptick in commodity costs. The
slowdown in shipping has had a
substantial impact as well.
In India, for R&D there
was an enormous impact as a couple of
months of work from home is not that
easy for an R&D outfit that needs to
evaluate the components and
assemblies – activities that cannot be
executed from home.
On the sales side, the India business
was impacted as we were just trying to
start the business and the WFH for all
our potential clients on the corporate
side did impact things.
What would you like to advise the
young generation of entrepreneurs
and enthusiasts who want to venture
into the Electric Vehicle Solutions
Space?
Be sure of what you want to do and
your approach to the business – this is
going to be a big market so we are sure
that a lot of people will enter the space.
Entrepreneurs need to be sure of the
business model that they want to adopt
and play the long game.
Where do you envision
SemaConnect eventually, and what
are your future goals? How do you
plan to embrace the changes
happening in the EV industry?
We have a clearcut vision to be a
leader in the EV Charging Infra space
and provide holistic, integrated
solutions to our clients.
For this, we will need to keep investing
in R&D and technology – keep scaling
the sales side as well as ramping the
product portfolio to keep offering value
to our customers.
20 | January 2022 | www.insightssuccess.in
Business Marketing
How is
DigitalMarketing
helping
Businesses
toGrow?
Today, if your business is not
online, it is not reaching its
potential. The key to growth
for online business is Digital
Marketing. It uses various means to
promote a product or service in the
market, like the internet, social media,
smartphones, and other digital
technology.
22 | January 2022 | www.insightssuccess.in
23 | January 2022 | www.insightssuccess.in
Digital Marketing gives your business
the boost that it requires to grow.
However, despite having a huge
potential, many business owners are
simply not aware of it. Well, it is time
to take advantage of the technology to
help your business reach new
boundaries. With the help of digital
marketing, you can reach a larger
audience effectively and effortlessly.
Here are a few of the many ways in
which Digital Marketing helps your
business grow:
Brand Awareness
Because we live in a time where
technology is constantly evolving,
brand recognition is very vital for any
organisation. This is because
individuals constantly have a computer
in their hands, whether it's a
smartphone, a tablet, or a full-fledged
laptop or desktop computer, allowing
them to connect with others in a matter
of seconds.
This might work in your favor or
against your company. It all comes
down to how you use it and how you
adapt to these numerous technological
advancements. Being proactive in
brand marketing via social media can
improve the brand experience for
current consumers while also
converting potential customers into
devoted brand followers.
Cost-Efficient
Businesses of all sizes may benefit
from digital marketing to increase their
visibility. However, given the high cost
of running a business, your company
may be cautious to spend further
capital without assurances.
You may employ low-cost internet
tactics to legitimize further and attract
customers to your company and its
products or services. Subtle digital
marketing methods, whether through
social media, a website, or other
channels, may make a major impact on
your company's marketability and
profitability.
Digital marketing not only saves
money, but if done properly, it can
even give your business a new source
of income. As your business needs an
e-commerce site, it can be a good
source for advertising and converting
from potential customers to customers.
Target Audience
Reaching your target audience is quite
hard through traditional marketing
unless it is backed with in-depth
research. Though target audience
research is required for any business,
you can filter your target audience
through digital marketing.
Rather than randomly advertising
online, you choose where you want to
advertise, which age group you want to
target, what type of user you want, etc.
With this option, targeting your
audience becomes easy, giving you
more reach amongst your audience.
This will also help convert potential
clients to permanent clients.
Accountability
When it comes to traditional
marketing, it is quite hard to know the
statistics of your business. Digital
marketing has crossed that barrier, and
you can learn detailed insights about
your business and the strategies you
are implementing. Depending on the
results, you can plan and even change
your marketing strategy that would be
more profitable for your business to
grow.
The insights provided by the digital
marketers firsthand are crucial for any
business to grow, and this is provided
to your business when you opt to
choose digital marketing. This helps
you monitor your business's growth
and calculate various necessary things.
Today, if you are not on the internet,
then your presence is hardly felt by
your target audience. Digital marketing
for your business growth is that
missing piece of the puzzle, which will
help all the pieces fit together. It is an
effective and dependable way to stay
connected with your customers and to
reach out to new potential customers.
Digital marketing is perfect for both
small-scale businesses and even for
large-scale businesses. Reach your
objectives easily and effectively with
digital marketing even with a low
budget. Digital marketing gives your
business a better chance to expand and
grow. This can be done effectively with
effective content, great business
strategies, and gaining your customer's
trust. Help your business reach the full
potential with Digital Marketing.
-Ashlesh Khadse
24 | January 2022 | www.insightssuccess.in
The electric mobility sector in
India is organised by the
availability of Electric
Vehicles (EVs) on the supply side and
the adaption of new trends on the
demand side. But what is the key
fundamental required to boost the
adaptation of EVs in India?
As the EVs carry limited energy
onboard in the stock battery packs,
which requires charging from time to
time, reliable charging systems are
therefore essential to enhance the
stability of EVs. Precise and integrated
charging infrastructure is the necessity
to drive the growth of EV adoption to
its bigger picture.
Additionally, the charging requirement
not only depends on the regular use of
these vehicles but also on the regular
utilities, including transport, passenger,
and commercial electric battery-
powered vehicles.
Companies in India are actively
analysing many opportunities in the
automotive space as electric mobility
has emerged as one of the conceivable
eco-friendly solutions. The companies
are also developing innovative
solutions to drive the EV ecosystem of
India to its bigger picture. Statiq
stands tall in these companies that are
consistently providing an array of
solutions in the EV sector.
As the EV market is advancing to
greater heights, Statiq, on the other
hand, is being a stop essential solution
provider in this niche. Established in
Statiq
Leading-Edge Solutions Augmenting the EV space
26 | January 2022 | www.insightssuccess.in
The Most Promising Electric Vehicle Solu on Provider
Gurugram, Statiq stands as India's
biggest EV charging network with all
the necessary equipment for end-to-end
users.
In an exclusive interview with Insights
Success, team Statiq sheds light on the
company's journey, the current
industrial scenario, and their opinions
on the future of the company in the EV
space.
Please describe our audience about
Statiq in detail.
Statiq is a one-stop solution provider
for the EV ecosystem in India. We are
India's largest EV charging network
and builds the entire ecosystem,
including both software and hardware,
to fast-track EV adoption in India. We
are solidly funded by Y-Combinator,
which has previously funded various
listed companies like Airbnb,
Coinbase, Dropbox, Meesho, Razor
pay, and others.
Statiq is currently present in three
geographies: India, the USA, and
the Netherlands, and plans to expand
globally and transition towards
sustainable energy form. Our main aim
is to promote sustainable mobility
across India by developing an
enhanced ecosystem with the
foundations of cutting-edge
technology, data-driven management,
and easy accessibility.
Through our services, we are trying to
solve various problems faced by EV
users like reliable charging experience,
accessibility to charging infrastructure,
and fragmented charging networks.
The continuous efforts by Statiq is
contributing towards reducing the
carbon footprint.
What made you indulge
professionally in the Electric Vehicle
Solution Space?
I was a part of the solar vehicle team in
my college, and my in-depth
knowledge of electrical engineering
and interest in the energy sector made
me explore the EV space. I firmly
believe in the concept of
Partners Exhibi ng Excellence
Akshit Bansal is the Co-founder of
Sta q. With his knowledge of
electrical engineering, he has taken
charge of the hardware part of the
start-up, building chargers for EVs.
He is also ac vely engaged in
amplifying the core competence of
the start-up as a "tech-first" start-
up.
Previously, Akshit has worked with
various corpora ons, including
Deloi e, and during his tenure has
intermingled with myriad cultures.
He is experienced in electrical
engineering, running a business,
developing and implemen ng
mul ple strategies to enhance the
opera ons of his start-up.
He has a degree in electrical
engineering from Manipal
University. His skills for informa on
dissemina on, team management,
and effec ve collabora on with
stakeholders are assets for Sta q to
achieve greater prominence in the
EV ecosystem. His in-depth
knowledge of engineering and
passion for environmental
conserva on makes him an
informed entrepreneur.
Raghav Arora is working as Co-
founder and CTO at Sta q. He is a
passionate programmer and heads
the technical opera ons at Sta q.
Previously, he has trained and
inspired more than 2000 people on
AI, ML, Data Analy cs, and Python.
His passion for HMI and Ar ficial
Intelligence inspires him to change
the world for the be er.
27 | January 2022 | www.insightssuccess.in
sustainability, and through my vision
and work at Statiq, I want to accelerate
the adoption of sustainable mobility
across India.
I specifically ventured into the EV
charging infrastructure space because
infrastructure is a big problem in a
country like India, and according to
research and analysis, there is a need
for one public charger per eight cars.
I believe that selling these eight cars is
easier in comparison to setting up the
infrastructure, which is the most
common challenge in the EV
landscape. Infrastructure was non-
existent when Raghav and I ventured
into this space.
What were the challenges Statiq had
to transcend while venturing into the
EV solution space?
Since Statiq is into EV charging
infrastructure space, when we started,
we faced many challenges, including
the high cost of chargers.
Since chargers mainly were imported
(from China, Germany) and were not
being manufactured locally, the cost
was very high, and in the case of
chargers being imported from China,
quality was an issue with a big
drawback.
Various other challenges included low
EV volumes in the market, broken
electrical infrastructure, and shortage
of power supply. Additionally, there is
no clarity in government policies, the
policies exist, but there is no proper
on-ground implementation.
What kind of services does Satiq
provide to its clients?
We have successfully partnered with
big names like Blu Smart Mobility,
MERU, Indian Oil, EESL, Telangana
State Renewable Energy Development
Corporation Ltd, and others. We offer
mobile app, chargers, and charging
station management system. The
products offered include the following:
• Hardware products: Statiq DC
Charger (CCS)-dual gun, Statiq
Pillar (AC Charger), and Statiq
Circle.
• Software products: Statiq
software integrated products
includes various features like
charger health monitoring,
dynamic pricing, error and
complaint management, asset
management, interactive
dashboards, marketing
dashboard, analytics-driven by
Machine Learning and AI.
How was Statiq affected in these
pandemic times, and what were the
steps you took to curb the damages
while helping your clients and
maintaining the safety of your
employees?
Since we deal with sustainable
mobility, our business depends on
people and their travel. With this
pandemic, the growth in this sector is
slower than expected in the short run.
But on the other hand, with the support
and positive outlook of authorities
involved and with people becoming
more climate-conscious, the long-term
growth plan seems positive.
During these tough times, we
consistently delivered our
commitments on time and supported
the Statiq family (client and our
employees) in the best way possible.
We ensured the Statiq family had
access to the best healthcare possible
and transitioned to the work-from-
home environment for their safety.
Statiq is trying to solve
various problems faced
by EV users like reliable
charging experience,
accessibility to charging
infrastructure and
fragmented charging
networks.
“
“
28 | January 2022 | www.insightssuccess.in
Few policies that will enable start-up
innovation include R&D and skill
development support shared
manufacturing and plug-and-play
facilities, access to financing, single-
window clearances, and streamlined
processes.
Where do you envision Statiq
eventually, and what are your future
goals? How do you plan to embrace
the changes happening in Electric
Vehicle Solutions Space?
Our main aim at Statiq is to push India
towards sustainable mobility. Our
future goals include accelerating
sustainable mobility through wireless
charging, battery swapping, integration
with solar, off-grid solar installations,
and deep-diving into hydrogen as the
new fuel.
Since we are a tech company, we build
the entire ecosystem in-house, which
includes both the software and
hardware. At Statiq we are
continuously innovating and making
sure we are up to date with the R&D.
Most importantly, we have assembled a
team capable of making the change
happen.
Currently, India is committed to its
2030 EV ambition, and according to a
study, India would require a support
infrastructure of '2.9' million public
charging points and an investment
worth over USD 180 billion to meet its
2030 vision.
As per Central Electricity Authority,
there were 927 public charging stations
in India as of 30th June 2020.
Additionally, the government of India
has sanctioned 2,877 stations under
FAME II with the target of pan-India
coverage, and there is a long way to go
to meet India's 2030 ambition.
According to a study, more than 100
start-ups are working in the charging
infrastructure domain across the entire
country. These start-ups include EV
charger manufacturers, service
operators, charging networks, and
solutions providers.
Despite a lot of support from the
central, state governments and various
policies being introduced, the sector
faces many risks and challenges,
including political risk, financial risk,
supply-chain risk, and others.
What would you like to advice the
young generation of entrepreneurs
and enthusiasts who want to venture
into the Electric Vehicle Solutions
Space?
By Akshit:
Currently, people are mostly looking at
building vehicles. In my view, the
young generation of entrepreneurs and
enthusiasts should investigate ancillary
services for EVs as there will be a big
market going forward.
Additionally, another area that can be
explored by young entrepreneurs is
component-wise manufacturing. This
is currently untapped and will be easier
to explore as people will not have to
compete with big players in the market
like TATA, MG, and others.
By Raghav:
Adding to that, my advice to the young
generation of entrepreneurs and
enthusiasts is, it is important to fail and
learn from those failures and keep
moving forward.
What is the current industrial
scenario of the Electric Vehicle
Solution Space?
32 | January 2022 | www.insightssuccess.in
He also believes that there is an ocean of opportunities for
all the young entrepreneurs out there who would like to
venture into the EV solution space.
Paresh Patel is the Founder and CEO of System Level
Solutions. Paresh believes if a company builds a good
business model, the right product, and innovate on
technology, and it will be immensely successful in bringing
change in the infrastructure to reflect the difference at the
ground level. The primary goal as a founder, he hunts for
creative ways to streamline the production path for better
product design and innovation.
Significant Solutions Driving the EV Space
A Turnkey solution provider with both hardware and
software capabilities. Verde offers a range of AC EV
chargers which ranges from 3.3kw to 22kw with type two
and Bharat Ac 001 configurations
As one of the largest OEM solutions providers of electric
vehicle chargers to the United States, European markets,
and Asian Markets, Verde Mobility offers local
manufacturers, MSMEs, and other OEMs a reliable,
enduring, and world-class ecosystem for charging solutions
in the country.
The design, development, production, and test facilities all
reside in India. They are working on a campaign "Electrify
Anand 2025" in which the aim is to install 500 charges
across Anand and create a pollution-free environment.
The second insight is 5000 Type 2 charges across the globe
with all the major EV players in the market.
The third insight is they have launched India's first hybrid
charger for electric vehicles. It is OCPP-enabled with
3.3kW X 2 Bharat AC 001 and 7.4kW X 1 Type two AC
Charger designed to serve as the perfect choice for
customizable EV charging options.
The Encounters in Initial Stage
· High initial cost.
· No proper EV state policies.
· Insufficient policies and subsidies for charging
infrastructure.
· Existing EV ecosystem in India and investment
outlook.
· Poor charging infrastructure.
· Inadequate power supply in remote areas.
Surmounting the effects of the Pandemic
(2020-2021) has not been a bad year for SLS. The business
was the same as any other year and Verde had a fast
recovery from manufacturing in India. All thanks to the
Make-In-India initiative by the Indian Government.
Though 2020 was a difficult year across all the sectors, it
was also a year of opportunities. System Level Solutions
developed and launched many COVID-19 products.
Innovations for the Future
The future of mobility is in your hands, and to adapt and
embrace the emergence of a better ecosystem, one needs to
be equipped with in-depth knowledge of the diverse types
of EV accessories and EV chargers. The team at SLS has
been working for years to make this possible and to give the
consumers nothing but the finest products ever.
VerdeMobility is here to solve big problems in business,
focus on the big challenges and find unique commercially
successful models to scale it up. As far as their future goal
is concerned, they are already on the path where they
envision themselves as a key player in the EV market and
their aim is to become a premium manufacturing hub for
EV charging stations in India.
The Electric Vehicle industry in India has started picking up
the pace, new manufacturing hubs, and an increased push to
improving charging infrastructure has been the major goal
for any EV company.
VerdeMobility believes that EV is the new future and not be
something of a luxury, but it would be something necessary
for survival because the pollution level is alarming, and the
only solution is the green sources and transmission of
energy.
Hence, EVs are inevitable when it comes down to
efficiency, so it is better to plan and organize how the
developments are going to occur rather than dodging the
change.
34 | January 2022 | www.insightssuccess.in
36 | January 2022 | www.insightssuccess.in
Rise of Ledearship
ndia is now home to
Imore than seventy
unicorn start-ups, which
is a significant milestone for
any start-up business. It was
all possible because of the
daring and creative
entrepreneurs who settled the
business and took the risks to
make the companies big.
There are probably tons of
examples that will
elaborately explain to you
about entrepreneurs' creative
means to do business. In
recent years India's economy
has been struggling. Yet, the
start-up industry seems to be
Howhave
START-UPS
boosted
ENTREPRENEURSHIP
?
37 | January 2022 | www.insightssuccess.in
flourishing and growing. The credit
goes to the entrepreneurs of India,
who, in the tough times, lead their
businesses to develop in these troubled
times.
Journey of Indian entrepreneurs
over the years
India is different in various ways,
political, geographical, cultural,
mythological, etc. In every way, India
stands out in the world. India is a
country that adopted many cultures;
despite having national boundaries,
India has state boundaries, uniting
different cultures, etc., under one
nation. The family business system is
still popular and in use in India. This
had to change when India opened the
door of its market to the world.
However, some family businesses
adapted to the change and thrived.
With start-ups and changes in the
market, India gave the key to
development to the young
entrepreneurs of India. Over the years,
Indians have seen many entrepreneurs;
some of them even changed the ways
of business for India. However, in the
1980s, the number of companies
registered under the new company
registration was 15,000. Whereas, after
1992, India saw a hike in companies,
and by 2010 companies registered
every year went up to 1,00,000. These
are huge numbers, and all credit goes
to the individuals who took risks to
make their business big.
How start-ups boosted
entrepreneurship in India
In their early stages, the obstacle that
many businesses must have tackled
was capital. It was due to India's low
per capita income compared to other
countries. Since 1992, when Indian
markets were open to all and the Start-
ups India initiative in 2016 made
business operating much easier.
Entrepreneurship flourished in such a
balanced environment which provided
capital for the business idea that would
generate more profit.
Another problem entrepreneurs faced
before start-ups were the education
system and family backgrounds.
Indians were more focused on bagging
a high-income job to secure the future.
This restricted the movement and
courage of entrepreneurs, who today
would risk it all to make it big. The
Indian education system also stood as
an obstacle because it was more
theoretical rather than practical. This
was much overtaken as the ideas got a
base and support from investors. Start-
ups gave the boost that business
ventures needed.
Entrepreneurs changing product-
based market to customer-based
market
Earlier India was a product-based
market. India only sold what was
produced but not what was needed by
the customers. This slowly changed
with the arrival of Start-ups and when
investors came into the picture. The
market shift that changed from
product-based to customer-based is a
result of entrepreneurs' innovative and
critical thinking.
Rather than selling what can be
produced, the market changed to
selling what is required and needed to
the customer. Start-ups triggered this
process as they provided the
entrepreneurs a base that projected not
only growth but also innovation. This
boosted the economy of India, and now
start-ups are an important part of
India's economic revival.
In tough times lies opportunities to
seize
It is always the tough times where lies
the best opportunity for growth. This
has been beautifully portrayed in the
current pandemic situation. When the
whole world was under lockdown,
struggling to get their daily needs from
the market, it was the start-ups of India
led by passionate entrepreneurs that
not only met the market's needs but
also took their ventures to new heights.
Innovation and technology also played
a very essential role in this; giving
them the base for conducting business
and the start-up ideas that rushed in
made all the difference. From meeting
medical needs for the suffering people
to making tough times easier, start-ups
and entrepreneurs balanced the whole
countries weight on their worthy
shoulders. Tough times like these test
the ideation and persistence of the
business idea and the leadership
qualities of an entrepreneur.
Entrepreneurs are the silver lining of
the start-up industry
Entrepreneurs must deal with self-
doubt, business working, planning,
implementation, and many other
things. Believing that the idea will
succeed does half the work done for an
entrepreneur. However, many start-ups
have failed in their very first year.
Entrepreneurs made up the industry
that we know today despite constant
failure. Start-ups boosted
entrepreneurship in many ways, but
these entrepreneurs' growth to the stats
is simply incredible. Start-ups are the
base where entrepreneurs can try, fail,
try harder, fail harder and succeed,
making their idea a reality for the
world.
-Ashlesh Khadse
38 | January 2022 | www.insightssuccess.in
The Sustainable Mobility Accelerator
Our is to promote
mission sustainable mobility.
40 | January 2022 | www.insightssuccess.in
S
ustainable growth needs
sustainable mobility. And
sustainable mobility needs an
organic infrastructural ecosystem.
Without this, the shift from traditional
fuel-based transport to futuristic
environment-friendly transport will
just remain a noble dream.
The trio of K P Karthikeyan, Co-
founder and CEO; C Yuvaraj, Co-
founder and CTO; and K Nallasivam,
Co-founder and COO, behind Zeon
Charging, the emerging Indian EV
revolution enabler, always knew it.
That is why, to solve the infrastructural
bottlenecks of the EV industry and
accelerate the sustainable Indian
mobility phenomenon, they
conceptualized and actualized the clean
and green venture.
In our quest of ‘The Most Promising
Electric Vehicle Solution Provider,’ we
came across the passionate EV
enthusiastic trio. In an interview with
Insights Success, the trio of Zeon
spoke about their venture and their
plan for the entire Indian EV sector’s
growth.
Below are the excerpts from the
interview.
Please describe about Zeon Charing,
for our audience, in detail.
Zeon International was started in the
year 2004, by five young
entrepreneurs, soon after graduating
from the same business school.
We started by importing and
distributing spandex yarn to customers
in the textiles industry in India. Today,
we have emerged as one of the largest
importers and distributors in Southeast
Asia for spandex and other specialty
yarns.
Zeon International today has
established its presence throughout
India, with its Head office in Tirupur
(Tamil Nadu) warehouses and
marketing offices in New Delhi,
Maharashtra, and Gujarat.
The Most Promising Electric Vehicle Solution Provider
41 | January 2022 | www.insightssuccess.in
The Tremendous Trio
K P Karthikeyan is the Co-
founder and CEO of Zeon
Charging. He is looking after the
areas like Strategic Partnerships,
Financial Planning, Operations,
and Executions. A Marketing
post-graduate from the
University of East London, Mr.
Karthikeyan is also an MD of
Zeon International and Co-
founder and MD of Zeon Network
Pvt. Ltd.
C Yuvaraj is the Co-founder and
CTO at Zeon Charging. He
handles the Digital Marketing
and Promotions Department of
the company. A Textile Science
and Engineering Diploma holder
Mr. Yuvaraj is also the owner of
Zeon International.
K Nallasivam is again the Co-
founder and COO at Zeon
Charging. He manages the
company’s Customer Relations
and Human Resources
department. He is a Business,
Management, and Marketing
graduate. Mr. Nallasivam is also
the MD of ReLIFE India, Co-
founder of Zeon Cinemas, MD of
Zeon International, and MD of
Zeon Network Pvt Ltd.
42 | January 2022 | www.insightssuccess.in
In 2016 ‘Zeon Cinemas Pvt Ltd’
(ZCPL) was incorporated to build
Multiplexes (Cinema halls). The first
Multiplex was opened in 2018 in
Gobichetipalayam. Since then, it has
become a landmark property in the
district. ZCPL is headed by MS Senthil
Kumar (Co-founder of Zeon
International), whose family has been
in the Tamil cinema industry for over
40 years.
Zeon Charging was started in 2019 to
invest in the evolving electric vehicle
ecosystem. As passionate electric car
owners and enthusiasts ourselves, since
2017, we have driven over 1,00,000
Kms collectively till 2020. This
experience of being an electric car
owner has given us great insights into
the electric vehicle ecosystem.
Zeon Charging is building the
infrastructure needed to enable the EV
Revolution in India. We are installing
electric vehicle chargers at convenient
locations throughout the nation. It
would enable EV owners to travel long
distances without worrying about
running out of charge.
We are partnering with businesses that
are frequented by EV owners, such as
restaurants, shopping malls, and other
commercial locations, to install
chargers in their car parks. As charging
stations become more prevalent, car
buyers will confidently choose EVs if
concerns about charging are addressed.
What made you venture into the
Electric Vehicle Solution Space?
As passionate electric vehicle owners
for a long time, we were anxious to see
the EV revolution take off in India. It is
also happening in countries like China,
the USA, and western European
nations. However, it was not happening
in India as everywhere else. And most
of the vehicle OEMs were sitting the
lack of charging infrastructure as the
reason for not launching EVs in India.
This made us think long and hard
about the charging infrastructural
space. We wanted to convert the
problem of lack of charging
infrastructure into an opportunity. After
extensive research, we figured out how
our idea could be executed. And the
funding required to make a start was
something that we could muster
internally.
What kind of offerings do you
provide to your clients?
We provide our customers the ability to
fast charge their electric vehicles. It
enables them to travel long distances
using their EVs.
What kind of challenges have you
faced while entering the Electric
Vehicle Solution Space?
This is a venture that has no precedent
in India or most other countries. So,
most of the things we had to figure out
by ourselves.
It was tough to convince property
owners to give us the space to set up an
EV charging station. Most of them had
no awareness about the existence of
EVs. Therefore, they were very
skeptical about our proposal. Even
when they agreed to give us the space,
there had to be enough electrical power
available.
Applying and getting power
connections with various DISCOMS,
in various states, at multiple locations
was a big challenge. Once we could get
the power, the quality of power was
also a challenge. DC chargers do not
function outside the optimal voltage
range.
After all of this, we have to keep in
mind that the number of EVs in the
market is too small at the moment to
make this a financially viable venture.
However, we needed to have the
charging stations in place to encourage
EV adoption. We believe we are about
two to three years away before the
market gets large enough to make the
investments viable.
What would be your advice to the
young generation of entrepreneurs
and enthusiasts who want to venture
into the Electric Vehicle Solutions
Space?
The EV charging infrastructure is
about getting things done on the
ground. It is about execution, which
involves a lot of stakeholders.
Moreover, this is a service industry,
which requires a lot of attention from
customers. Focusing on customer
experience is very important.
Where do you envision Zeon
Charging to be in the long run, and
what are your future goals? How do
you plan to embrace the changes
happening in the industry?
Our mission is to promote sustainable
mobility. Therefore, we are not just
about embracing change, but we are
leading the change in the mobility
industry. In the short term, the charging
infra that we are creating will give the
confidence to customers to choose EVs
over ICE options. In the long time, we
aspire to become the most
comprehensive and a very reliable EV
charging network, which would power
the automobiles of the future.
43 | January 2022 | www.insightssuccess.in
The most promising electric vehicle solution provider
The most promising electric vehicle solution provider
The most promising electric vehicle solution provider

Mais conteúdo relacionado

Mais procurados

Tata motors cross border acquisition of jaguar
Tata motors cross border acquisition of jaguarTata motors cross border acquisition of jaguar
Tata motors cross border acquisition of jaguarshifali123
 
Merger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero hondaMerger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero hondaSandeep Mane
 
Tata motors - Q3, 2016-17 Financial Statement Analysis
Tata motors - Q3, 2016-17 Financial Statement AnalysisTata motors - Q3, 2016-17 Financial Statement Analysis
Tata motors - Q3, 2016-17 Financial Statement AnalysisAbishek Santhosh Raj
 
Iiml apsl04 team4_tata_jlr_acquisition
Iiml apsl04 team4_tata_jlr_acquisitionIiml apsl04 team4_tata_jlr_acquisition
Iiml apsl04 team4_tata_jlr_acquisitionPrakash574
 
M&a project tata jlr case (final)
M&a project   tata jlr case (final)M&a project   tata jlr case (final)
M&a project tata jlr case (final)rajiv24_us
 
Tata motors and jaguar land rover
Tata motors and jaguar land roverTata motors and jaguar land rover
Tata motors and jaguar land roverUdayan Sikdar
 
Tata jaguar landrover acquisition
Tata jaguar landrover acquisitionTata jaguar landrover acquisition
Tata jaguar landrover acquisitionJayesh Budhani
 
Ultra low cost car
Ultra low cost car  Ultra low cost car
Ultra low cost car CALM-SUTRA
 
M&M & Ssangyong Merger
M&M & Ssangyong MergerM&M & Ssangyong Merger
M&M & Ssangyong MergersrahulSharma
 
The 10 best startups in renewable energy 2021 (1)
The 10 best startups in renewable energy 2021 (1)The 10 best startups in renewable energy 2021 (1)
The 10 best startups in renewable energy 2021 (1)Swiftnlift
 
Tata motors – Jaguar and Land Rover 1 (1)
Tata motors – Jaguar and Land Rover 1 (1)Tata motors – Jaguar and Land Rover 1 (1)
Tata motors – Jaguar and Land Rover 1 (1)42BIBHUDUTTAMALLICK
 
Tata n jaguar n land rover2
Tata n jaguar n land rover2Tata n jaguar n land rover2
Tata n jaguar n land rover2Arpit Goel
 

Mais procurados (20)

Tata Strategic Acquisition
Tata Strategic AcquisitionTata Strategic Acquisition
Tata Strategic Acquisition
 
Tata motors cross border acquisition of jaguar
Tata motors cross border acquisition of jaguarTata motors cross border acquisition of jaguar
Tata motors cross border acquisition of jaguar
 
Merger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero hondaMerger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero honda
 
Tata motors - Q3, 2016-17 Financial Statement Analysis
Tata motors - Q3, 2016-17 Financial Statement AnalysisTata motors - Q3, 2016-17 Financial Statement Analysis
Tata motors - Q3, 2016-17 Financial Statement Analysis
 
TATA - JAGUAR LAND ROVER
TATA - JAGUAR LAND ROVERTATA - JAGUAR LAND ROVER
TATA - JAGUAR LAND ROVER
 
Tata jlr
Tata jlrTata jlr
Tata jlr
 
Iiml apsl04 team4_tata_jlr_acquisition
Iiml apsl04 team4_tata_jlr_acquisitionIiml apsl04 team4_tata_jlr_acquisition
Iiml apsl04 team4_tata_jlr_acquisition
 
M&a project tata jlr case (final)
M&a project   tata jlr case (final)M&a project   tata jlr case (final)
M&a project tata jlr case (final)
 
Tata mo.final
Tata mo.finalTata mo.final
Tata mo.final
 
Jaguar- TATA Motors
Jaguar- TATA Motors Jaguar- TATA Motors
Jaguar- TATA Motors
 
Tata motors and jaguar land rover
Tata motors and jaguar land roverTata motors and jaguar land rover
Tata motors and jaguar land rover
 
STP OF TATA ACE
STP OF TATA ACESTP OF TATA ACE
STP OF TATA ACE
 
Tata jaguar landrover acquisition
Tata jaguar landrover acquisitionTata jaguar landrover acquisition
Tata jaguar landrover acquisition
 
Ultra low cost car
Ultra low cost car  Ultra low cost car
Ultra low cost car
 
M&M & Ssangyong Merger
M&M & Ssangyong MergerM&M & Ssangyong Merger
M&M & Ssangyong Merger
 
Tata Motors Ppt
Tata Motors PptTata Motors Ppt
Tata Motors Ppt
 
Presentation on Nano Car
Presentation on Nano CarPresentation on Nano Car
Presentation on Nano Car
 
The 10 best startups in renewable energy 2021 (1)
The 10 best startups in renewable energy 2021 (1)The 10 best startups in renewable energy 2021 (1)
The 10 best startups in renewable energy 2021 (1)
 
Tata motors – Jaguar and Land Rover 1 (1)
Tata motors – Jaguar and Land Rover 1 (1)Tata motors – Jaguar and Land Rover 1 (1)
Tata motors – Jaguar and Land Rover 1 (1)
 
Tata n jaguar n land rover2
Tata n jaguar n land rover2Tata n jaguar n land rover2
Tata n jaguar n land rover2
 

Semelhante a The most promising electric vehicle solution provider

PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docx
PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docxPRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docx
PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docxSohamRoy62
 
Mad about wheels edition 03
Mad about wheels edition 03Mad about wheels edition 03
Mad about wheels edition 03Shaaz Malik
 
Emflux Motors Press Release - 2018 Auto Expo
Emflux Motors Press Release - 2018 Auto ExpoEmflux Motors Press Release - 2018 Auto Expo
Emflux Motors Press Release - 2018 Auto ExpoRushLane
 
India’s Most Promising EV Companies to Watch January2024.pdf
India’s Most Promising EV Companies to Watch January2024.pdfIndia’s Most Promising EV Companies to Watch January2024.pdf
India’s Most Promising EV Companies to Watch January2024.pdfCIOLOOKIndia
 
The 10 most promising ev solution providers of 2021 (final file)(2) compressed
The 10 most promising ev solution providers of 2021 (final file)(2) compressedThe 10 most promising ev solution providers of 2021 (final file)(2) compressed
The 10 most promising ev solution providers of 2021 (final file)(2) compressedMerry D'souza
 
Marketing Startegy for Volkswagen EV
Marketing Startegy for Volkswagen EVMarketing Startegy for Volkswagen EV
Marketing Startegy for Volkswagen EVAbdullah Saghir Ahmad
 
What is India's electric vehicle (EV) market
What is India's electric vehicle (EV) marketWhat is India's electric vehicle (EV) market
What is India's electric vehicle (EV) marketneeraj100neeraj
 
Electric vehicles in India- scope and challenges
Electric vehicles in India- scope and challengesElectric vehicles in India- scope and challenges
Electric vehicles in India- scope and challengesAbhishek Kumar
 
Mahindra Electric Announcement - Press Release
Mahindra Electric Announcement - Press ReleaseMahindra Electric Announcement - Press Release
Mahindra Electric Announcement - Press ReleaseRushLane
 
E-Fill Electric.pdf
E-Fill Electric.pdfE-Fill Electric.pdf
E-Fill Electric.pdfmayank931308
 
EV Duniya - Everything related to Electric Vehicles
EV Duniya - Everything related to Electric VehiclesEV Duniya - Everything related to Electric Vehicles
EV Duniya - Everything related to Electric VehiclesArjun Pawar
 
BEV ( Battery Operated Electric Vehicles) PPT
BEV ( Battery Operated Electric Vehicles) PPTBEV ( Battery Operated Electric Vehicles) PPT
BEV ( Battery Operated Electric Vehicles) PPTPranav Mistry
 
abhishek519cr1003-210830110611.pptx
abhishek519cr1003-210830110611.pptxabhishek519cr1003-210830110611.pptx
abhishek519cr1003-210830110611.pptxLEGENDARYTECHNICAL
 
Harnessing Solar Power In India for Transportation
Harnessing Solar Power In India for TransportationHarnessing Solar Power In India for Transportation
Harnessing Solar Power In India for TransportationSatya Kumar DV
 
E-Rickshaw (Electric tuk-tuks) Manufacturing Business
E-Rickshaw (Electric tuk-tuks) Manufacturing BusinessE-Rickshaw (Electric tuk-tuks) Manufacturing Business
E-Rickshaw (Electric tuk-tuks) Manufacturing BusinessAjjay Kumar Gupta
 

Semelhante a The most promising electric vehicle solution provider (20)

The 10 fastest growing e vs solution providers 2018
The 10 fastest growing e vs solution providers 2018The 10 fastest growing e vs solution providers 2018
The 10 fastest growing e vs solution providers 2018
 
The 10 smart ev charging solution providers 2018
The 10 smart ev charging solution providers 2018The 10 smart ev charging solution providers 2018
The 10 smart ev charging solution providers 2018
 
The Top 10 Most Promising EV Solution Providers of 2022-compressed.pdf
The Top 10 Most Promising EV Solution Providers of 2022-compressed.pdfThe Top 10 Most Promising EV Solution Providers of 2022-compressed.pdf
The Top 10 Most Promising EV Solution Providers of 2022-compressed.pdf
 
PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docx
PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docxPRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docx
PRESENTS AND FUTURE TRENDS FOR ELECTRIC VHICLES IN INDIA.docx
 
Mad about wheels edition 03
Mad about wheels edition 03Mad about wheels edition 03
Mad about wheels edition 03
 
Emflux Motors Press Release - 2018 Auto Expo
Emflux Motors Press Release - 2018 Auto ExpoEmflux Motors Press Release - 2018 Auto Expo
Emflux Motors Press Release - 2018 Auto Expo
 
India’s Most Promising EV Companies to Watch January2024.pdf
India’s Most Promising EV Companies to Watch January2024.pdfIndia’s Most Promising EV Companies to Watch January2024.pdf
India’s Most Promising EV Companies to Watch January2024.pdf
 
The 10 most promising ev solution providers of 2021 (final file)(2) compressed
The 10 most promising ev solution providers of 2021 (final file)(2) compressedThe 10 most promising ev solution providers of 2021 (final file)(2) compressed
The 10 most promising ev solution providers of 2021 (final file)(2) compressed
 
Jezzamotors
JezzamotorsJezzamotors
Jezzamotors
 
Marketing Startegy for Volkswagen EV
Marketing Startegy for Volkswagen EVMarketing Startegy for Volkswagen EV
Marketing Startegy for Volkswagen EV
 
What is India's electric vehicle (EV) market
What is India's electric vehicle (EV) marketWhat is India's electric vehicle (EV) market
What is India's electric vehicle (EV) market
 
Electric vehicles in India- scope and challenges
Electric vehicles in India- scope and challengesElectric vehicles in India- scope and challenges
Electric vehicles in India- scope and challenges
 
Mahindra Electric Announcement - Press Release
Mahindra Electric Announcement - Press ReleaseMahindra Electric Announcement - Press Release
Mahindra Electric Announcement - Press Release
 
Roads to Go Green
Roads to Go GreenRoads to Go Green
Roads to Go Green
 
E-Fill Electric.pdf
E-Fill Electric.pdfE-Fill Electric.pdf
E-Fill Electric.pdf
 
EV Duniya - Everything related to Electric Vehicles
EV Duniya - Everything related to Electric VehiclesEV Duniya - Everything related to Electric Vehicles
EV Duniya - Everything related to Electric Vehicles
 
BEV ( Battery Operated Electric Vehicles) PPT
BEV ( Battery Operated Electric Vehicles) PPTBEV ( Battery Operated Electric Vehicles) PPT
BEV ( Battery Operated Electric Vehicles) PPT
 
abhishek519cr1003-210830110611.pptx
abhishek519cr1003-210830110611.pptxabhishek519cr1003-210830110611.pptx
abhishek519cr1003-210830110611.pptx
 
Harnessing Solar Power In India for Transportation
Harnessing Solar Power In India for TransportationHarnessing Solar Power In India for Transportation
Harnessing Solar Power In India for Transportation
 
E-Rickshaw (Electric tuk-tuks) Manufacturing Business
E-Rickshaw (Electric tuk-tuks) Manufacturing BusinessE-Rickshaw (Electric tuk-tuks) Manufacturing Business
E-Rickshaw (Electric tuk-tuks) Manufacturing Business
 

Mais de Insights success media and technology pvt ltd

Mais de Insights success media and technology pvt ltd (20)

India's Fastest Growing Start-ups to Watch.pdf
India's Fastest Growing Start-ups to Watch.pdfIndia's Fastest Growing Start-ups to Watch.pdf
India's Fastest Growing Start-ups to Watch.pdf
 
The Fastest Growing Startups in Maharashtra Edition 1.pdf
The Fastest Growing Startups in Maharashtra  Edition 1.pdfThe Fastest Growing Startups in Maharashtra  Edition 1.pdf
The Fastest Growing Startups in Maharashtra Edition 1.pdf
 
Best of 5 Bio-Technology Comapnies In India.pdf
Best of 5 Bio-Technology Comapnies In India.pdfBest of 5 Bio-Technology Comapnies In India.pdf
Best of 5 Bio-Technology Comapnies In India.pdf
 
2022’s Best iPhone 13 Alternatives Presentation.pptx
2022’s Best iPhone 13 Alternatives Presentation.pptx2022’s Best iPhone 13 Alternatives Presentation.pptx
2022’s Best iPhone 13 Alternatives Presentation.pptx
 
The Most Successful Business Leaders to follow-2022.pdf
The Most Successful Business Leaders to follow-2022.pdfThe Most Successful Business Leaders to follow-2022.pdf
The Most Successful Business Leaders to follow-2022.pdf
 
Outstanding Women Lawyers 2022.pdf
Outstanding Women Lawyers  2022.pdfOutstanding Women Lawyers  2022.pdf
Outstanding Women Lawyers 2022.pdf
 
The 10 Best Franchises to Open in 2022.pdf
The 10 Best Franchises to Open in 2022.pdfThe 10 Best Franchises to Open in 2022.pdf
The 10 Best Franchises to Open in 2022.pdf
 
Inspiring Bollywood Movies, Every Entrepreneur Should Watch.pdf
Inspiring Bollywood Movies, Every Entrepreneur Should Watch.pdfInspiring Bollywood Movies, Every Entrepreneur Should Watch.pdf
Inspiring Bollywood Movies, Every Entrepreneur Should Watch.pdf
 
The 10 Most Profitable Franchises to own April2022.pdf
The 10 Most Profitable Franchises to own April2022.pdfThe 10 Most Profitable Franchises to own April2022.pdf
The 10 Most Profitable Franchises to own April2022.pdf
 
10 Most Promising Architecture & Designing Firms 2021.pdf
10 Most Promising Architecture & Designing Firms 2021.pdf10 Most Promising Architecture & Designing Firms 2021.pdf
10 Most Promising Architecture & Designing Firms 2021.pdf
 
Outstanding Women Lawyers 2022 May2022.pdf
Outstanding Women Lawyers 2022 May2022.pdfOutstanding Women Lawyers 2022 May2022.pdf
Outstanding Women Lawyers 2022 May2022.pdf
 
7 Best Cyber Security Practices for Small Businesses.pdf
7 Best Cyber Security Practices for Small Businesses.pdf7 Best Cyber Security Practices for Small Businesses.pdf
7 Best Cyber Security Practices for Small Businesses.pdf
 
Best of 5 Oil and Gas Companies.pdf
Best of 5 Oil and Gas Companies.pdfBest of 5 Oil and Gas Companies.pdf
Best of 5 Oil and Gas Companies.pdf
 
Yoga Asanas- Help You to Attain the Perfect Mental Health Ever.pdf
Yoga Asanas- Help You to Attain the Perfect Mental Health Ever.pdfYoga Asanas- Help You to Attain the Perfect Mental Health Ever.pdf
Yoga Asanas- Help You to Attain the Perfect Mental Health Ever.pdf
 
India's Emerging Startups
India's Emerging StartupsIndia's Emerging Startups
India's Emerging Startups
 
India's Leading Cyber Security Companies_compressed.pdf
India's Leading Cyber Security Companies_compressed.pdfIndia's Leading Cyber Security Companies_compressed.pdf
India's Leading Cyber Security Companies_compressed.pdf
 
The Most Reliable Packaging Companies.pdf
The Most Reliable Packaging Companies.pdfThe Most Reliable Packaging Companies.pdf
The Most Reliable Packaging Companies.pdf
 
The Most Reliable Fire And Safety Service Providers.pdf
The Most Reliable Fire And Safety Service Providers.pdfThe Most Reliable Fire And Safety Service Providers.pdf
The Most Reliable Fire And Safety Service Providers.pdf
 
The women owining the businss arena.pdf
The women owining the businss arena.pdfThe women owining the businss arena.pdf
The women owining the businss arena.pdf
 
Final file_The Most Promising Content And Production service provider_compres...
Final file_The Most Promising Content And Production service provider_compres...Final file_The Most Promising Content And Production service provider_compres...
Final file_The Most Promising Content And Production service provider_compres...
 

Último

Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Timegargpaaro
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateCannaBusinessPlans
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165meghakumariji156
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon investment
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Availablepr788182
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistanvineshkumarsajnani12
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...ssuserf63bd7
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book nowkapoorjyoti4444
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...pujan9679
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingNauman Safdar
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 

Último (20)

Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 

The most promising electric vehicle solution provider

  • 1. www.insightssuccess.in VOL-01 ISSUE-04 2022 Rise of Leadership How start-ups have boosted entrepreneurship? Disrupting the Indian Automobile Market with Ingenuity Business Marketing How is marketing helping businesses to grow? The Most Promising Electric Solution Provider ehicle Mr Vinit Bansal Founder and Managing Director
  • 2.
  • 3.
  • 4. Editor’s Note any persons should be recognised for their Mcontributions to the traditional invention of Electric Vehicles. In 1828, Anyos Jedlik created the first small electric car by building an electric motor. Between 1832 and 1839, a Scottish inventor named Robert Anderson created a crude electric vehicle. The first electric vehicle was a three-wheeler dubbed VIKRAM SAFA, which was created by Scooter's India Pvt Ltd in 1996. A total of 400 automobiles were built and sold. In the year 2000, BHEL released an eighteen-seater electric bus, which was also a hit. Then, in Delhi, some 200 electric vehicles were built and operated. However, because of the expensive cost of the battery and its short life, it did not fare well on the market. Electric cars first appeared in the nineteenth century. They did not fare well on the market previously because to their expensive cost, limited speed, and short range. As a result, demand initially fell over the world. They have, however, been utilised for transportation and public transit, particularly in the form of rail vehicles. THE EVOLUTION OF ELECTRIC VEHICLES!
  • 5. st The concern for the atmosphere skyrocketed in the 21 century as gas-powered cars create a lot of smoke and are extremely hazardous to the atmosphere. This is one of the main reasons that has intensified the concern for the environment. As a result, interest in electric vehicles has grown. Electric vehicles were popular among those who drove them in cities, where their limited range was not an issue. Another factor that contributed to its success was the fact that it did not need changing gears, making it a simple alternative. It didn't have any vibrations or sounds. It didn't need to be started manually, which was also a positive. Electric vehicle uptake has been limited by a lack of power infrastructure. An exchangeable battery service was initially proposed in 1896 in order to address the restricted operational range of electric vehicles and the absence of recharging infrastructure. Fast forwarding to 2021 and 2022, when firms are hustling to produce inexpensive electric vehicles, with the goal of dispelling the myth that electric automobiles are too expensive. Some EV Solution providers are aiming to make electric vehicles more accessible for everyone. They specialise in automobiles as well as other items including electric LCVs, electric bikes, and electric three-wheelers. Realising this, EV Solutions provider in India are all set to deliver best and quality services to the clientele and create an impact on the world. In this edition of Insights Success – 'The Most Promising Electric Vehicle Solution Provider' we are happy to shed light on some of the inspiring and innovative electric vehicle solution providers in India that are committed to deliver quintessential solution. Let's peruse through the pages of this magazine. Afterall, the business world is waiting for the future of Electric vehicles. Sayali Sangewar Managing editor sayali.sangewar@insightssuccess.in
  • 6. Disrupting the Indian Automobile Market with Ingenuity A r t i c le s 22 36 Business Marketing How is Digital Marketing helping Businesses to Grow? COVER STORY 08 Rise of Ledearship How have start-ups boosted entrepreneurship? EV MOTORS India Pvt. Ltd.
  • 7. C O N T E N T S 16 18 26 32 40 EVRE A Sustainable Future of Mobility SemaConnect Powering the EV Space Through Innovative and Sustainable Solutions Statiq Leading-Edge Solutions Augmenting the EV space Verde Mobility Viable Solutions to Drive into the Future Zeon Charging The Sustainable Mobility Accelerator
  • 8. Copyright © 2021 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. Follow us on : www.facebook.com/insightssuccess/ https://twitter.com/insightssuccess Cover Price : RS. 150/- RNI NUMBER: MAHENG/2018/75953 Editor-in-Chief Sumita Sarkar Deputy Editor Abhishaj Sajeev Managing Editor Sayali Sangewar Assisting Editor Aditya Umale Contributing Writer Ashlesh Khadse Designing Head Rashmi Singh Designer Vishal Pawar Operations Head Megha Mishra Asst. Manager Ashwini Pahurkar Business Development Lead Asif Patel Sr. Business Development Executive Neha Bhadane Technical Head Prachi Mokashi Technical Specialist Amar Sawant Digital Marketing Manager Amol Wadekar SME-SMO Executive Atul Dhoran Circulation Manager Tanaji Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Insights Success Media and Technology Pvt. Ltd. Off. No. 22 & 510, Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Corporate Offices: sales@insightssuccess.com JANUARY, 2022 We are also available on
  • 9. Management Brief Company Name Vinit Bansal, Fouder and Managing Director SemaConnect India Krishna Jasti, Founder and CEO Statiq EVRE Mahi Reddy, Founder and CEO EV Motors India Private Limited has been focusing on the environment and the energy industry in India and working towards addressing the major air pollution issue that is grappling the country. EVRE designs, develops, and manufactures EV charging stations that are amongst the most advanced globally, with a technology that we have patented. SemaConnect was set up to be an integrated and comprehensive solution provider for Electric Vehicle Charging Infrastructure in the world. Statiq is India’s largest EV charging network and builds the entire ecosystem, including both software and hardware, to fast-track EV adoption in India. EV Motors Pvt. Ltd. Akshit Bansal, Co-founder and Raghav Arora Co-founder and CTO VerdeMobility VerdeMobility, is a one-stop solution for establishing a cost- effective, efficient, and sustainable electric vehicle charging ecosystem. Tejas Vaghela, Director and CTO and Paresh Patel, Founder and CEO The Most Promising Electric Solution Provider ehicle Zeon Charging Zeon Charging is building the infrastructure needed to enable the EV Revolution in India. It is installing electric vehicle chargers at convenient locations throughout the nation K P Karthikeyan, Co-founder and CEO; C Yuvaraj, Co-founder and CTO; and K Nallasivam, Co-founder and COO
  • 10. Disrupting the Indian Automobile Market with Ingenuity “ EV Motor's mission is to provide 'Energy as a Service' for our e - mobility consumers by leveraging EV charging and Energy Storage infrastructure developed on our unique cutting-edge technology platforms “
  • 11. COVER STORY Mr Vinit Bansal Founder and Managing Director
  • 12. Battery prices are dropping faster than expected. Analysts are moving up projections of when an electric vehicle won’t need government incentives to be cheaper than a gasoline model.Alas, the age of electric cars isdawningaheadof schedule. In India, the population of electric vehicles is rising day by day with the new EV models hitting the market. To ensure smooth operations of these vehicles, there is a requirement for the proper establishment of integrated network of charging infrastructureacross India. Answering this need, the Noida-based company – EVMotors India Pvt. Ltd., is on a mission to establish a commercially viable and sustainable e-mobility ecosystem, to promote a cleaner, greener environment leveraging the ‘Make in India’ initiative. EV Motors is seeking to leverage its EV Charging network and Energy storage infrastructure developed on its unique cutting-edge technology platforms to provide ‘Energyas aService’for theire-mobilityconsumers. EVM ata Glance EV Motors India Private Limited (“EVM”) was incorporated in January 2016 and has been focusing on the environment and the energy industry in India and working towards addressing the major air pollution issue that is grappling the country.To develop the e-mobility ecosystem, the company is supported by a management team that has significant years of experience in energy and alternate energy application for the automotive industry. Specifically, the management, through its global partnerships, has successfully designed and built electric and hybrid-electric vehicles in USA, Europe, and Canada. The company is seeking to bring this rich experience for the development and localization of the technology for the Indian marketplace. The company has taken initiative to develop the e-Mobility ecosystem and has three business models,namely: 1. Development of PlugNgo Network connected through its Software Platform - EVM is involved in building charging infrastructure in India and have installed several EV Charging outlets under the brand ‘PlugNgo’ and utilizing its indigenously developed software platform. The company offers a franchise-based EV Charging Network for its partner to help establish a network of charging stations across cities, businesses, and residential complexes. The business model allows its partners to tap into huge market opportunities while mitigatingtheirrisks. At the same time, this model allows the partners to benefit from the upside as the market evolves. EVM is initially building its fast-charging network “PlugNgo”, across 15 cities before expanding across highways and tier 1, 2 & 3 cities. This will include 500 charging points in 2022-23 for 2W (2-wheeler) and 3W (3-wheeler) as per the EVM proprietary fast DC chargers. EVM has tied up with various organisations to help expedite the rollout of this network to ensure that the charging points are available as vehicles are deployed. The first set of chargers will be up in Delhi/NCR and Bengaluru by July end, followed by an express plan to launchinallothercitiesbyNovemberor December. “ EVM is in the process of setting up a comprehensive Fast Charging Network under the Brand of PlugNgo, across 15 cities. “ The Most Promising Electric Vehicle Solu on Provider
  • 13. 2. Last Mile Delivery Solution - EVM provides a holistic turnkey Electric Vehicle Solution to Last Mile Delivery Operators for 2W and 3W applications. EVM team has focused on delivering innovative solutions to address critical challenges of the Last Mile delivery industries such as ownership of vehicles spread across a large number of individuals, access to financing, EV charging infrastructure, battery performance and vehicle uptime and service issues. Mr Vinit Bansal commented on the progressive development of EVM Last Mile Delivery Solution by saying, “Our solution enables a robust roadmap to build an effective fleet of EVs. This shall result in more efficient supply chain facilitating easy transition to EVs by bringing down maintenance and operating costs and positively impacting business unit economicsfor thelogisticscompanies.” Current Projects - EVM is presently pursuing pilot projects to provide a commercially viable e-mobility solution for Last Mile Delivery companies in the e-commerce logistics, food delivery, and courier delivery segments. For this purpose, EVM has entered into a Memorandum of Understanding (‘MOU’) with Hero Electric for providing electric 2W for Last Mile Delivery application. EVM is also in discussions with other 2W and 3W electric vehicles like Ampere, Lohia Auto, e-Trio for certification and deployment of their batteries. 3. Energy Storage – In addition to EV Charging Infra and LMD solution, EVM has also developed and certified @ Automotive Research Association of India (ARAI) its Lithium-Ion battery solutions for the Electric 2-Wheeler (2W) and 3-Wheeler (3W) industry which constitutes 80% of the Indian automotive market. These are reliable and safe batteries that are built to deliver the highest performance with 30 mins charging capability for 2W & 3W applications. The battery is certified, maintenance-free, long-lasting, and ensures thesmoothfunctioningof allthevehiclesitserves. 4. Providing Idiosyncratic IoT Solutions - EVM offers unique IoT solutions that can be activated with the help of riders’ smartphones and continuously generate data from the integrated sensors which are transmitted and stored on the cloud server. Further, most functional level mobility data will produce more focused insights related to fleet management andenablethesmoothoperationofbusiness. The IndustryVeteranand the Dynamic Leader Mr Vinit Bansal is the Founder and Managing Director of EV Motors India Pvt. Ltd. (“EVM”) with over 30 years of experience in automotive, energy, private equity, and managementconsultingbusiness. In 2015, Vinit Bansal came to realise that India is grappling withtwo challenges: 1. The top 20 Indian cities are also the most polluted in the world. 2. Indian imports of crude oil were increasing significantly, whichwas affectingforeignexchangereserves. Then, the Government of India announced the Faster Adoption of Manufacturing of Electric Vehicles (FAME) policytopromoteelectricvehicles. “EVM offers a reliable and safe battery that is built to deliver the highest performance for 2W applications. “
  • 14. As Vinit recollects, “Given my background in the alternate energy technologies, I felt I could make a significant contribution and align with government initiatives and set up EV Motors with a focus towards adoption of EVs and promotingEVsolutionsandtechnologies.” His vision is to establish an e-mobility eco-system in India that includes the development of a national network of charging infrastructure under the brand name ‘PlugNgo’ Battery manufacturing and to provide Energy as a Service. He believes renewable energy will also be an integral part of this ecosystem and his endeavour is to create a commercially feasiblesolutionwhileaddressinglocalchallenges. Prior to founding EVM, Vinit Bansal successfully launched various vehicle programs in the US, Canada and South America for Ford Motor Company and led their corporate manufacturing strategy being located at their world headquarters. In 1994, he led the activities of Delphi Automotive Systems to establish a presence in India and build multiple manufacturing plants for multiple product lines. In early 2000, he also set up the first automotive Special Purpose Acquisition Corporation (SPAC) that included India as a focused country for investment in the automotive component sector. He has experience in the Energy Industry manufacturing Diesel Generators at Caterpillar India and designing Nuclear Power Plants with Sargent & Lundy, a Chicago-basedconsultingfirm. As a Ford representative on the Partnership of Next Generation Vehicles (PNGV) – a joint initiative between Ford, GM, Chrysler, and Department of Energy of the Government of United States, he worked on technologies related to the production of fuel cells, flywheels, turbines, and batterytechnologiesfor promotingalternateenergyvehicles. Vinit received his Bachelor of Science degree in Mechanical Engineering from Birla Institute of Technology, India and later completed his Master of Science degree in Mechanical “ In addition to batteries and charging infra, EVM is also focusing on providing Last Mile Delivery services for the online ordering and e-commerce industry by deploying electric vehicles. “
  • 15. Engineering from MichiganTechnology University, USA. He further went on to complete his master’s in business administrationfromtheUniversityof Michigan,USA. Enduring Hardships There has been multitude of challenges that the team of EV Motors faced and continue to face. Starting with policies that government was adopting while EVM was actively involved inprovidinginputstowards thepolicymakingprocess. “In order to zero-in on the business model and the technology solutions we want to focus upon, we had to understand the market dynamics, government policies, competitive landscape, technology capability, and innovation requirement to build the necessary business model,” added the team over at EVM. Additionally, access to capital has been challenging as the financial community has been waiting and watching the market evolve before investing. However, things have evolved now and there are several strategic & financial investorswho arekeentoinvestinEVspace. Then the pandemic rolled around and further weakened the situation. Lockdowns, challenges in adjusting to the work- from-home model were other major concerns that resulted in the delay of projects. The delay in projects and limitations in access to capital led to a reduction in the staff and scaling down thegrowth plans. Even while suffering through these hardships, the team of EVM supported their customer base and tried to keep the customershappy. Awards andAccolades • Mr Vinit Bansal (Managing Director, EV Motors) received an award for the ‘Most Impactful Smart City Leaders’ from the Mayor of a smart city in the Philippines. • Mr Vinit Bansal received an award for the ‘Outstanding Global Leadership Award 2019’ at Kaula Lumpur, Malaysia. • PlugNgo (EVMotors India) won Frost and Sullivan 2019 – Indian EV Charging Network Industry Entrepreneurial Company of the Year Award. This prestigious recognition is based on the extensive Frost & Sullivan analysisoftheIntelligentMobilityIndustry. ToInfinity and Beyond When asked about what advice would he like to give to the new generation of entrepreneurs and enthusiasts venturing in theelectricvehiclespace,MrVinitBansalsaid,“Thisis oneof the rare instances where India has an opportunity to be in the forefront on technology development and address the global needs and requirements. I would like to advise the young individuals to think innovative technology solutions that would help resolve business and industry pain points, not only fromadomesticperspectivebutfromaglobaloutlook.” “It is the greatest opportunity for young individuals who need to think about becoming global players,” added the astute founder. Today, the key thing that EV Motors is envisioning for its business is the ability to work on technologies and solutions that would address the needs of the industry and help the faster adoptionof EVs marketpenetration. FutureGoals EV Motors plans to develop its team capable of continuously working on innovative technology solutions that helps companytoachievesustainabilityandscalability. “Embrace the Change - Being Proactive, Being Patient and Being Innovative,” concluded the dashing Founder and ManagingDirector– MrVinitBansal.
  • 16. Subscribe Today CORPORATE OFFICE Insights Success Media and Technology Pvt. Ltd. Off No. 22 & 510, Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017. Phone - India: 020- 7410079881/ 82/ 83/ 84/ 85 USA: 302-319-9947 Email: info@insightssuccess.in For Subscription : www.insightssuccess.in Cheque should be drawn in favour of : INSIGHTS SUCCESS MEDIA AND TECH PVT. LTD. Stay in touch. Subscribe to Insightssuccess Get Insightssuccess Magazine in print, & digital on www.insightssuccess.in www.insightssuccess.in
  • 17.
  • 18. EVREA Sustainable Future of Mobility Going green and sustainable is not a choice anymore. It is the only guarantee that we will see a better future. As per the USA's Environmental Protection Energy (EPA), a typical passenger vehicle like a car emits up to 4.6 metric tons of carbon dioxide CO2 annually. In addition, it also produces methane (CH4) and nitrous oxide (N2O). CH4 and N2O have a higher potential for global warming than Co2. In contrast, an automobile exclusively operating on electricity (an electric vehicle or EV) will not emit any of these dangerous gases in our atmosphere, helping it heal itself from pollution. Due to this factor and the continuously rising fuel prices, people prefer EVs more and more. A major factor in discouraging them from buying an EV is charging infrastructure or charging stations. But now, they need not have to worry. As herein comes EVRE that provides sustainable EV charging infrastructure across cities. It is smart, convenient, and connected. It ensures a seamless experience for the consumer. It makes the switch from a polluting vehicle to a clean and green vehicle easy. EVRE further integrates renewable energy resources into its charging stations, making the infrastructure completely sustainable. On our quest to find out 'The Most Promising Electric Vehicle Solution Provider,' luckily, we came across Mr. Krishna Jasti, Founder and CEO of EVRE. And in an exclusive interview with Insights Success, he was very enthusiastic discussing his venture and this cleaner and greener future led by the Electric Vehicle industry. Below are the highlights of that interview. Please breif us about EVRE. EVRE designs, develops, and manufactures EV charging stations that are amongst the most advanced globally, with a technology that we have patented. EVRE also creates charging infrastructure for fleets, enabling them to shift to EVs and for occupants of gated communities and at workplaces. What made you venture into the Electric Vehicle Solution Space? All of us want to make our Earth a better, cleaner place. Our bet was to create sustainability in mobility to achieve this. We felt that there was a severe lack of innovation in the EV charging space. Also, most of these charging stations globally were sourced from China. We wanted to change the status quo. What kind of offerings do you provide to your clients? EVRE manufactures EV charging stations that can be bought by builders, societies, companies, charge point operators, and PSUs. We have sold hundreds of charging stations in India and West Africa, including IOCL. EVRE also creates charging infrastructure for fleets. We currently support fourteen fleet customers across twelve cities, charging over 1,000 EVs every day. Our residential charging infrastructure is a game-changer by enabling occupants of an apartment to charge their vehicle in their building with zero CAPEX. What kind of challenges have you faced while entering the Electric Vehicle Solution Space? EVRE was incorporated in 2017, much before the Indian government pushed for EVs. We had to wait for over three years to build some traction. However, we were able to use that time to build technology. How was EVRE affected in these pandemic times, and what were the steps you took to curb the damages while helping your clients and maintaining the safety of your employees? As our business is operationally intense and most of our customers were fleets that were allowed to operate at all times, the pandemic did throw a few challenges at us. We had to create a robust infrastructure with minimal failures to prevent our team from going on to the field. We used the lockdown to strengthen our strategy and keep the team motivated to achieve bigger things. What would you like to advise the young generation of entrepreneurs and enthusiasts who want to venture into the Electric Vehicle Solutions Space? The EV space in India today is extremely competitive. It is especially important to have a very clear vision and create an irreplaceable value-add for the customer to be able to succeed. Where do you envision EVRE to be in the long run, and what are your future goals? How do you plan to embrace the changes happening in 16 | January 2022 | www.insightssuccess.in
  • 19. An Inspiring Leader Krishna Jasti is an automotive enthusiast and a proponent of electrified mobility with a master's degree in Electric Vehicle Engineering from Wayne State University, Detroit. He was amongst the first engineers at Audi to have worked on the Audi A3 e-Tron BEV and PHEV in Germany and USA and on the Chrysler Pacifica PHEV with Fiat Chrysler Automobiles. Krishna's strength and experience lie in the design, development and testing of electrified powertrain and EV charging stations. He is passionate about everything related to Automobiles, and he has a keen interest in solving key existing problems. He firmly believes the future of mobility is all about vehicles that are electric, connected, and autonomous. your industry? The EV industry is very dynamic, and technology improvements can happen much quicker than anticipated. We focus on continuous product development that enables us to be on par with where the industry may be heading. Our vision is to enable sustainable mobility globally. What is the current industrial scenario of the Electric Vehicle Solution Space? Today seeing an EV on the road is a common experience. The rate of adaption for EVs is accelerating at a rapid pace. There is going to be a huge shift in consumer behaviour, driving habits, and support services, thus enabling infinite new opportunities. Please provide your views on – How will switching towards sustainable resources will help the planet? We have ill-treated our planet for too long. The recent forest fires and extreme weather are proof of this and reason enough for us to think of a solution for what could possibly be our last chance. It is time for us to respect nature, and one way of doing it is by reducing pollution wherever possible. Some of the most important areas to reduce pollution are power generation and transportation, and these can be easily done by solutions that already exist. All that is required is a change in our mindset. The most important aspect is to use a form of energy that is the least polluting. This could be solar, wind or hydro, or a combination of them, considering the limitations each one has. Once energy generation is sustainable, we will see a drastic decrease in pollution. Even if one does not believe in global warming, a cleaner planet will at least enable them to enjoy the air once they step out of their house. Some of the most important areas to reduce pollu on are power genera on and transporta on, and these can be easily done by solu ons that already exist “ “ Krishna Jas , Founder & CEO The Most Promising Electric Vehicle Solu on Provider 17 | January 2022 | www.insightssuccess.in
  • 20. The commencement of Electric vehicles happened in the early th 19 century. In its initial state, it failed to accumulate market insights due to its high cost, low speed, and short range, resulting in a decline in global demand. However, because of their convenient nature, electric vehicles were driving the public and transportation space. As the concern for sustainable transportation utilities experience a rise with experiencing inflation in alternative energy sources, the interest in electric vehicles went on increasing. Fast forward to 2022, the electric vehicle industry is experiencing an immense thrust and companies in this space are aggressively working towards manufacturing sustainable solutions to drive reliability in this space. Innovative solutions like rapid charging stations, lightweight, and long-lasting batteries are on the rise. Some companies are working to develop the essential infrastructure required for the growth of the EV industry. This is where SemaConnect comes into the picture. SemaConnect is providing a wide variety of AC chargers – from 7.2kW to 19.2kW with assorted products catering to different market segments of the EV industry and is driving the EV space by providing holistic and integrated solutions to their clients in the EV industry. In an exclusive interview with Insights Success, team SemaConnect sheds light on the company's journey, the current industrial scenario, and opinions on the future of the company in the EV industry. Please describe our audience about SemaConnect in detail. SemaConnect was set up to be an integrated and comprehensive solution provider for Electric Vehicle Charging Infrastructure in the world. As one of the pioneers in the field – from the early days the endeavour has been to provide a holistic and integrated solution combining hardware and software in this space. Please brief us about Mahi Reddy and shed some light on his professional tenure in the EV space. Powering the EV Space Through Innovative and Sustainable Solutions The Most Promising Electric Vehicle Solution Provider SemaConnect 18 | January 2022 | www.insightssuccess.in
  • 21. Mahi Reddy is the Founder and CEO of SemaConnect. Mahi has been a serial entrepreneur and has been associated with starting and scaling companies over the last 3 decades. Mahi started SemaConnect in late 2008/09 as he saw the future of transportation moving to clean energy and electric vehicles. As one of the pioneers in this space, Mahi has seen the growth and evolution of the EV industry in technology, standards and share of the market. What made Mahi Reddy venture into the Electric Vehicle Solution Space? Early visibility into the future of the automotive industry through industry veterans in Detroit and the larger United States transportation industry gave Mahi a view into the future. As a seasoned entrepreneur, Mahi also had the wisdom to enter the space early and take a cautious approach to build the business for the long haul using sound business principles and pricing strategies while using an integrated hardware and software approach to the business. What kind of challenges has Mahi faced while commencing his professional journey in the Electric Vehicle Solution Space? Any entrepreneurial entry into a business especially a new area is challenging. In the beginning, the lack of any standards across the world was a huge challenge as different OEMs had their standards. The price of batteries and hence of vehicles was also hampering the growth of the industry. In India, the lack of a good standard especially for two and three-wheelers continues to be a challenge. An increase in the number of models for four-wheelers to be available for sale is also an impediment. While the government has made some good policies like the FAME II scheme and the reduction in GST as well as the removal of road tax in many states – we now need the industry to stand up and deliver in the form of new and innovative products and for consumer adoption to pick up. What kind of offerings does SemaConnect provide to its clients? SemaConnect provides a wide variety of AC chargers in the US Market – from 7.2kW to 19.2kW with assorted products catering to different market segments including home chargers, commercial chargers, fleet market chargers. In 2022, SemaConnect will also launch its range of DC chargers in the US Market. In India, we are currently limiting ourselves to one version of the 7.2kW charger called the Series 7. This is a dual plug charger capable of charging two cars at the same time. We are also launching a new product in Q2 of 2022 (CY) for the Indian market. This will be a two-wheeler charging solution. Mahi Reddy Founder and CEO of SemaConnect “ “ SemaConnect provides holistic and integrated solutions to their clients. 19 | January 2022 | www.insightssuccess.in
  • 22. How was SemaConnect affected in these pandemic times and what were the steps taken by you to curb the damages while helping your clients and maintaining the safety of your employees? The pandemic did have a significant impact on business especially in terms of supply-side challenges in parts and the bug uptick in commodity costs. The slowdown in shipping has had a substantial impact as well. In India, for R&D there was an enormous impact as a couple of months of work from home is not that easy for an R&D outfit that needs to evaluate the components and assemblies – activities that cannot be executed from home. On the sales side, the India business was impacted as we were just trying to start the business and the WFH for all our potential clients on the corporate side did impact things. What would you like to advise the young generation of entrepreneurs and enthusiasts who want to venture into the Electric Vehicle Solutions Space? Be sure of what you want to do and your approach to the business – this is going to be a big market so we are sure that a lot of people will enter the space. Entrepreneurs need to be sure of the business model that they want to adopt and play the long game. Where do you envision SemaConnect eventually, and what are your future goals? How do you plan to embrace the changes happening in the EV industry? We have a clearcut vision to be a leader in the EV Charging Infra space and provide holistic, integrated solutions to our clients. For this, we will need to keep investing in R&D and technology – keep scaling the sales side as well as ramping the product portfolio to keep offering value to our customers. 20 | January 2022 | www.insightssuccess.in
  • 23.
  • 24. Business Marketing How is DigitalMarketing helping Businesses toGrow? Today, if your business is not online, it is not reaching its potential. The key to growth for online business is Digital Marketing. It uses various means to promote a product or service in the market, like the internet, social media, smartphones, and other digital technology. 22 | January 2022 | www.insightssuccess.in
  • 25. 23 | January 2022 | www.insightssuccess.in
  • 26. Digital Marketing gives your business the boost that it requires to grow. However, despite having a huge potential, many business owners are simply not aware of it. Well, it is time to take advantage of the technology to help your business reach new boundaries. With the help of digital marketing, you can reach a larger audience effectively and effortlessly. Here are a few of the many ways in which Digital Marketing helps your business grow: Brand Awareness Because we live in a time where technology is constantly evolving, brand recognition is very vital for any organisation. This is because individuals constantly have a computer in their hands, whether it's a smartphone, a tablet, or a full-fledged laptop or desktop computer, allowing them to connect with others in a matter of seconds. This might work in your favor or against your company. It all comes down to how you use it and how you adapt to these numerous technological advancements. Being proactive in brand marketing via social media can improve the brand experience for current consumers while also converting potential customers into devoted brand followers. Cost-Efficient Businesses of all sizes may benefit from digital marketing to increase their visibility. However, given the high cost of running a business, your company may be cautious to spend further capital without assurances. You may employ low-cost internet tactics to legitimize further and attract customers to your company and its products or services. Subtle digital marketing methods, whether through social media, a website, or other channels, may make a major impact on your company's marketability and profitability. Digital marketing not only saves money, but if done properly, it can even give your business a new source of income. As your business needs an e-commerce site, it can be a good source for advertising and converting from potential customers to customers. Target Audience Reaching your target audience is quite hard through traditional marketing unless it is backed with in-depth research. Though target audience research is required for any business, you can filter your target audience through digital marketing. Rather than randomly advertising online, you choose where you want to advertise, which age group you want to target, what type of user you want, etc. With this option, targeting your audience becomes easy, giving you more reach amongst your audience. This will also help convert potential clients to permanent clients. Accountability When it comes to traditional marketing, it is quite hard to know the statistics of your business. Digital marketing has crossed that barrier, and you can learn detailed insights about your business and the strategies you are implementing. Depending on the results, you can plan and even change your marketing strategy that would be more profitable for your business to grow. The insights provided by the digital marketers firsthand are crucial for any business to grow, and this is provided to your business when you opt to choose digital marketing. This helps you monitor your business's growth and calculate various necessary things. Today, if you are not on the internet, then your presence is hardly felt by your target audience. Digital marketing for your business growth is that missing piece of the puzzle, which will help all the pieces fit together. It is an effective and dependable way to stay connected with your customers and to reach out to new potential customers. Digital marketing is perfect for both small-scale businesses and even for large-scale businesses. Reach your objectives easily and effectively with digital marketing even with a low budget. Digital marketing gives your business a better chance to expand and grow. This can be done effectively with effective content, great business strategies, and gaining your customer's trust. Help your business reach the full potential with Digital Marketing. -Ashlesh Khadse 24 | January 2022 | www.insightssuccess.in
  • 27.
  • 28. The electric mobility sector in India is organised by the availability of Electric Vehicles (EVs) on the supply side and the adaption of new trends on the demand side. But what is the key fundamental required to boost the adaptation of EVs in India? As the EVs carry limited energy onboard in the stock battery packs, which requires charging from time to time, reliable charging systems are therefore essential to enhance the stability of EVs. Precise and integrated charging infrastructure is the necessity to drive the growth of EV adoption to its bigger picture. Additionally, the charging requirement not only depends on the regular use of these vehicles but also on the regular utilities, including transport, passenger, and commercial electric battery- powered vehicles. Companies in India are actively analysing many opportunities in the automotive space as electric mobility has emerged as one of the conceivable eco-friendly solutions. The companies are also developing innovative solutions to drive the EV ecosystem of India to its bigger picture. Statiq stands tall in these companies that are consistently providing an array of solutions in the EV sector. As the EV market is advancing to greater heights, Statiq, on the other hand, is being a stop essential solution provider in this niche. Established in Statiq Leading-Edge Solutions Augmenting the EV space 26 | January 2022 | www.insightssuccess.in
  • 29. The Most Promising Electric Vehicle Solu on Provider Gurugram, Statiq stands as India's biggest EV charging network with all the necessary equipment for end-to-end users. In an exclusive interview with Insights Success, team Statiq sheds light on the company's journey, the current industrial scenario, and their opinions on the future of the company in the EV space. Please describe our audience about Statiq in detail. Statiq is a one-stop solution provider for the EV ecosystem in India. We are India's largest EV charging network and builds the entire ecosystem, including both software and hardware, to fast-track EV adoption in India. We are solidly funded by Y-Combinator, which has previously funded various listed companies like Airbnb, Coinbase, Dropbox, Meesho, Razor pay, and others. Statiq is currently present in three geographies: India, the USA, and the Netherlands, and plans to expand globally and transition towards sustainable energy form. Our main aim is to promote sustainable mobility across India by developing an enhanced ecosystem with the foundations of cutting-edge technology, data-driven management, and easy accessibility. Through our services, we are trying to solve various problems faced by EV users like reliable charging experience, accessibility to charging infrastructure, and fragmented charging networks. The continuous efforts by Statiq is contributing towards reducing the carbon footprint. What made you indulge professionally in the Electric Vehicle Solution Space? I was a part of the solar vehicle team in my college, and my in-depth knowledge of electrical engineering and interest in the energy sector made me explore the EV space. I firmly believe in the concept of Partners Exhibi ng Excellence Akshit Bansal is the Co-founder of Sta q. With his knowledge of electrical engineering, he has taken charge of the hardware part of the start-up, building chargers for EVs. He is also ac vely engaged in amplifying the core competence of the start-up as a "tech-first" start- up. Previously, Akshit has worked with various corpora ons, including Deloi e, and during his tenure has intermingled with myriad cultures. He is experienced in electrical engineering, running a business, developing and implemen ng mul ple strategies to enhance the opera ons of his start-up. He has a degree in electrical engineering from Manipal University. His skills for informa on dissemina on, team management, and effec ve collabora on with stakeholders are assets for Sta q to achieve greater prominence in the EV ecosystem. His in-depth knowledge of engineering and passion for environmental conserva on makes him an informed entrepreneur. Raghav Arora is working as Co- founder and CTO at Sta q. He is a passionate programmer and heads the technical opera ons at Sta q. Previously, he has trained and inspired more than 2000 people on AI, ML, Data Analy cs, and Python. His passion for HMI and Ar ficial Intelligence inspires him to change the world for the be er. 27 | January 2022 | www.insightssuccess.in
  • 30. sustainability, and through my vision and work at Statiq, I want to accelerate the adoption of sustainable mobility across India. I specifically ventured into the EV charging infrastructure space because infrastructure is a big problem in a country like India, and according to research and analysis, there is a need for one public charger per eight cars. I believe that selling these eight cars is easier in comparison to setting up the infrastructure, which is the most common challenge in the EV landscape. Infrastructure was non- existent when Raghav and I ventured into this space. What were the challenges Statiq had to transcend while venturing into the EV solution space? Since Statiq is into EV charging infrastructure space, when we started, we faced many challenges, including the high cost of chargers. Since chargers mainly were imported (from China, Germany) and were not being manufactured locally, the cost was very high, and in the case of chargers being imported from China, quality was an issue with a big drawback. Various other challenges included low EV volumes in the market, broken electrical infrastructure, and shortage of power supply. Additionally, there is no clarity in government policies, the policies exist, but there is no proper on-ground implementation. What kind of services does Satiq provide to its clients? We have successfully partnered with big names like Blu Smart Mobility, MERU, Indian Oil, EESL, Telangana State Renewable Energy Development Corporation Ltd, and others. We offer mobile app, chargers, and charging station management system. The products offered include the following: • Hardware products: Statiq DC Charger (CCS)-dual gun, Statiq Pillar (AC Charger), and Statiq Circle. • Software products: Statiq software integrated products includes various features like charger health monitoring, dynamic pricing, error and complaint management, asset management, interactive dashboards, marketing dashboard, analytics-driven by Machine Learning and AI. How was Statiq affected in these pandemic times, and what were the steps you took to curb the damages while helping your clients and maintaining the safety of your employees? Since we deal with sustainable mobility, our business depends on people and their travel. With this pandemic, the growth in this sector is slower than expected in the short run. But on the other hand, with the support and positive outlook of authorities involved and with people becoming more climate-conscious, the long-term growth plan seems positive. During these tough times, we consistently delivered our commitments on time and supported the Statiq family (client and our employees) in the best way possible. We ensured the Statiq family had access to the best healthcare possible and transitioned to the work-from- home environment for their safety. Statiq is trying to solve various problems faced by EV users like reliable charging experience, accessibility to charging infrastructure and fragmented charging networks. “ “ 28 | January 2022 | www.insightssuccess.in
  • 31. Few policies that will enable start-up innovation include R&D and skill development support shared manufacturing and plug-and-play facilities, access to financing, single- window clearances, and streamlined processes. Where do you envision Statiq eventually, and what are your future goals? How do you plan to embrace the changes happening in Electric Vehicle Solutions Space? Our main aim at Statiq is to push India towards sustainable mobility. Our future goals include accelerating sustainable mobility through wireless charging, battery swapping, integration with solar, off-grid solar installations, and deep-diving into hydrogen as the new fuel. Since we are a tech company, we build the entire ecosystem in-house, which includes both the software and hardware. At Statiq we are continuously innovating and making sure we are up to date with the R&D. Most importantly, we have assembled a team capable of making the change happen. Currently, India is committed to its 2030 EV ambition, and according to a study, India would require a support infrastructure of '2.9' million public charging points and an investment worth over USD 180 billion to meet its 2030 vision. As per Central Electricity Authority, there were 927 public charging stations in India as of 30th June 2020. Additionally, the government of India has sanctioned 2,877 stations under FAME II with the target of pan-India coverage, and there is a long way to go to meet India's 2030 ambition. According to a study, more than 100 start-ups are working in the charging infrastructure domain across the entire country. These start-ups include EV charger manufacturers, service operators, charging networks, and solutions providers. Despite a lot of support from the central, state governments and various policies being introduced, the sector faces many risks and challenges, including political risk, financial risk, supply-chain risk, and others. What would you like to advice the young generation of entrepreneurs and enthusiasts who want to venture into the Electric Vehicle Solutions Space? By Akshit: Currently, people are mostly looking at building vehicles. In my view, the young generation of entrepreneurs and enthusiasts should investigate ancillary services for EVs as there will be a big market going forward. Additionally, another area that can be explored by young entrepreneurs is component-wise manufacturing. This is currently untapped and will be easier to explore as people will not have to compete with big players in the market like TATA, MG, and others. By Raghav: Adding to that, my advice to the young generation of entrepreneurs and enthusiasts is, it is important to fail and learn from those failures and keep moving forward. What is the current industrial scenario of the Electric Vehicle Solution Space?
  • 32.
  • 33.
  • 34. 32 | January 2022 | www.insightssuccess.in
  • 35.
  • 36. He also believes that there is an ocean of opportunities for all the young entrepreneurs out there who would like to venture into the EV solution space. Paresh Patel is the Founder and CEO of System Level Solutions. Paresh believes if a company builds a good business model, the right product, and innovate on technology, and it will be immensely successful in bringing change in the infrastructure to reflect the difference at the ground level. The primary goal as a founder, he hunts for creative ways to streamline the production path for better product design and innovation. Significant Solutions Driving the EV Space A Turnkey solution provider with both hardware and software capabilities. Verde offers a range of AC EV chargers which ranges from 3.3kw to 22kw with type two and Bharat Ac 001 configurations As one of the largest OEM solutions providers of electric vehicle chargers to the United States, European markets, and Asian Markets, Verde Mobility offers local manufacturers, MSMEs, and other OEMs a reliable, enduring, and world-class ecosystem for charging solutions in the country. The design, development, production, and test facilities all reside in India. They are working on a campaign "Electrify Anand 2025" in which the aim is to install 500 charges across Anand and create a pollution-free environment. The second insight is 5000 Type 2 charges across the globe with all the major EV players in the market. The third insight is they have launched India's first hybrid charger for electric vehicles. It is OCPP-enabled with 3.3kW X 2 Bharat AC 001 and 7.4kW X 1 Type two AC Charger designed to serve as the perfect choice for customizable EV charging options. The Encounters in Initial Stage · High initial cost. · No proper EV state policies. · Insufficient policies and subsidies for charging infrastructure. · Existing EV ecosystem in India and investment outlook. · Poor charging infrastructure. · Inadequate power supply in remote areas. Surmounting the effects of the Pandemic (2020-2021) has not been a bad year for SLS. The business was the same as any other year and Verde had a fast recovery from manufacturing in India. All thanks to the Make-In-India initiative by the Indian Government. Though 2020 was a difficult year across all the sectors, it was also a year of opportunities. System Level Solutions developed and launched many COVID-19 products. Innovations for the Future The future of mobility is in your hands, and to adapt and embrace the emergence of a better ecosystem, one needs to be equipped with in-depth knowledge of the diverse types of EV accessories and EV chargers. The team at SLS has been working for years to make this possible and to give the consumers nothing but the finest products ever. VerdeMobility is here to solve big problems in business, focus on the big challenges and find unique commercially successful models to scale it up. As far as their future goal is concerned, they are already on the path where they envision themselves as a key player in the EV market and their aim is to become a premium manufacturing hub for EV charging stations in India. The Electric Vehicle industry in India has started picking up the pace, new manufacturing hubs, and an increased push to improving charging infrastructure has been the major goal for any EV company. VerdeMobility believes that EV is the new future and not be something of a luxury, but it would be something necessary for survival because the pollution level is alarming, and the only solution is the green sources and transmission of energy. Hence, EVs are inevitable when it comes down to efficiency, so it is better to plan and organize how the developments are going to occur rather than dodging the change. 34 | January 2022 | www.insightssuccess.in
  • 37.
  • 38. 36 | January 2022 | www.insightssuccess.in
  • 39. Rise of Ledearship ndia is now home to Imore than seventy unicorn start-ups, which is a significant milestone for any start-up business. It was all possible because of the daring and creative entrepreneurs who settled the business and took the risks to make the companies big. There are probably tons of examples that will elaborately explain to you about entrepreneurs' creative means to do business. In recent years India's economy has been struggling. Yet, the start-up industry seems to be Howhave START-UPS boosted ENTREPRENEURSHIP ? 37 | January 2022 | www.insightssuccess.in
  • 40. flourishing and growing. The credit goes to the entrepreneurs of India, who, in the tough times, lead their businesses to develop in these troubled times. Journey of Indian entrepreneurs over the years India is different in various ways, political, geographical, cultural, mythological, etc. In every way, India stands out in the world. India is a country that adopted many cultures; despite having national boundaries, India has state boundaries, uniting different cultures, etc., under one nation. The family business system is still popular and in use in India. This had to change when India opened the door of its market to the world. However, some family businesses adapted to the change and thrived. With start-ups and changes in the market, India gave the key to development to the young entrepreneurs of India. Over the years, Indians have seen many entrepreneurs; some of them even changed the ways of business for India. However, in the 1980s, the number of companies registered under the new company registration was 15,000. Whereas, after 1992, India saw a hike in companies, and by 2010 companies registered every year went up to 1,00,000. These are huge numbers, and all credit goes to the individuals who took risks to make their business big. How start-ups boosted entrepreneurship in India In their early stages, the obstacle that many businesses must have tackled was capital. It was due to India's low per capita income compared to other countries. Since 1992, when Indian markets were open to all and the Start- ups India initiative in 2016 made business operating much easier. Entrepreneurship flourished in such a balanced environment which provided capital for the business idea that would generate more profit. Another problem entrepreneurs faced before start-ups were the education system and family backgrounds. Indians were more focused on bagging a high-income job to secure the future. This restricted the movement and courage of entrepreneurs, who today would risk it all to make it big. The Indian education system also stood as an obstacle because it was more theoretical rather than practical. This was much overtaken as the ideas got a base and support from investors. Start- ups gave the boost that business ventures needed. Entrepreneurs changing product- based market to customer-based market Earlier India was a product-based market. India only sold what was produced but not what was needed by the customers. This slowly changed with the arrival of Start-ups and when investors came into the picture. The market shift that changed from product-based to customer-based is a result of entrepreneurs' innovative and critical thinking. Rather than selling what can be produced, the market changed to selling what is required and needed to the customer. Start-ups triggered this process as they provided the entrepreneurs a base that projected not only growth but also innovation. This boosted the economy of India, and now start-ups are an important part of India's economic revival. In tough times lies opportunities to seize It is always the tough times where lies the best opportunity for growth. This has been beautifully portrayed in the current pandemic situation. When the whole world was under lockdown, struggling to get their daily needs from the market, it was the start-ups of India led by passionate entrepreneurs that not only met the market's needs but also took their ventures to new heights. Innovation and technology also played a very essential role in this; giving them the base for conducting business and the start-up ideas that rushed in made all the difference. From meeting medical needs for the suffering people to making tough times easier, start-ups and entrepreneurs balanced the whole countries weight on their worthy shoulders. Tough times like these test the ideation and persistence of the business idea and the leadership qualities of an entrepreneur. Entrepreneurs are the silver lining of the start-up industry Entrepreneurs must deal with self- doubt, business working, planning, implementation, and many other things. Believing that the idea will succeed does half the work done for an entrepreneur. However, many start-ups have failed in their very first year. Entrepreneurs made up the industry that we know today despite constant failure. Start-ups boosted entrepreneurship in many ways, but these entrepreneurs' growth to the stats is simply incredible. Start-ups are the base where entrepreneurs can try, fail, try harder, fail harder and succeed, making their idea a reality for the world. -Ashlesh Khadse 38 | January 2022 | www.insightssuccess.in
  • 41.
  • 42. The Sustainable Mobility Accelerator Our is to promote mission sustainable mobility. 40 | January 2022 | www.insightssuccess.in
  • 43. S ustainable growth needs sustainable mobility. And sustainable mobility needs an organic infrastructural ecosystem. Without this, the shift from traditional fuel-based transport to futuristic environment-friendly transport will just remain a noble dream. The trio of K P Karthikeyan, Co- founder and CEO; C Yuvaraj, Co- founder and CTO; and K Nallasivam, Co-founder and COO, behind Zeon Charging, the emerging Indian EV revolution enabler, always knew it. That is why, to solve the infrastructural bottlenecks of the EV industry and accelerate the sustainable Indian mobility phenomenon, they conceptualized and actualized the clean and green venture. In our quest of ‘The Most Promising Electric Vehicle Solution Provider,’ we came across the passionate EV enthusiastic trio. In an interview with Insights Success, the trio of Zeon spoke about their venture and their plan for the entire Indian EV sector’s growth. Below are the excerpts from the interview. Please describe about Zeon Charing, for our audience, in detail. Zeon International was started in the year 2004, by five young entrepreneurs, soon after graduating from the same business school. We started by importing and distributing spandex yarn to customers in the textiles industry in India. Today, we have emerged as one of the largest importers and distributors in Southeast Asia for spandex and other specialty yarns. Zeon International today has established its presence throughout India, with its Head office in Tirupur (Tamil Nadu) warehouses and marketing offices in New Delhi, Maharashtra, and Gujarat. The Most Promising Electric Vehicle Solution Provider 41 | January 2022 | www.insightssuccess.in
  • 44. The Tremendous Trio K P Karthikeyan is the Co- founder and CEO of Zeon Charging. He is looking after the areas like Strategic Partnerships, Financial Planning, Operations, and Executions. A Marketing post-graduate from the University of East London, Mr. Karthikeyan is also an MD of Zeon International and Co- founder and MD of Zeon Network Pvt. Ltd. C Yuvaraj is the Co-founder and CTO at Zeon Charging. He handles the Digital Marketing and Promotions Department of the company. A Textile Science and Engineering Diploma holder Mr. Yuvaraj is also the owner of Zeon International. K Nallasivam is again the Co- founder and COO at Zeon Charging. He manages the company’s Customer Relations and Human Resources department. He is a Business, Management, and Marketing graduate. Mr. Nallasivam is also the MD of ReLIFE India, Co- founder of Zeon Cinemas, MD of Zeon International, and MD of Zeon Network Pvt Ltd. 42 | January 2022 | www.insightssuccess.in
  • 45. In 2016 ‘Zeon Cinemas Pvt Ltd’ (ZCPL) was incorporated to build Multiplexes (Cinema halls). The first Multiplex was opened in 2018 in Gobichetipalayam. Since then, it has become a landmark property in the district. ZCPL is headed by MS Senthil Kumar (Co-founder of Zeon International), whose family has been in the Tamil cinema industry for over 40 years. Zeon Charging was started in 2019 to invest in the evolving electric vehicle ecosystem. As passionate electric car owners and enthusiasts ourselves, since 2017, we have driven over 1,00,000 Kms collectively till 2020. This experience of being an electric car owner has given us great insights into the electric vehicle ecosystem. Zeon Charging is building the infrastructure needed to enable the EV Revolution in India. We are installing electric vehicle chargers at convenient locations throughout the nation. It would enable EV owners to travel long distances without worrying about running out of charge. We are partnering with businesses that are frequented by EV owners, such as restaurants, shopping malls, and other commercial locations, to install chargers in their car parks. As charging stations become more prevalent, car buyers will confidently choose EVs if concerns about charging are addressed. What made you venture into the Electric Vehicle Solution Space? As passionate electric vehicle owners for a long time, we were anxious to see the EV revolution take off in India. It is also happening in countries like China, the USA, and western European nations. However, it was not happening in India as everywhere else. And most of the vehicle OEMs were sitting the lack of charging infrastructure as the reason for not launching EVs in India. This made us think long and hard about the charging infrastructural space. We wanted to convert the problem of lack of charging infrastructure into an opportunity. After extensive research, we figured out how our idea could be executed. And the funding required to make a start was something that we could muster internally. What kind of offerings do you provide to your clients? We provide our customers the ability to fast charge their electric vehicles. It enables them to travel long distances using their EVs. What kind of challenges have you faced while entering the Electric Vehicle Solution Space? This is a venture that has no precedent in India or most other countries. So, most of the things we had to figure out by ourselves. It was tough to convince property owners to give us the space to set up an EV charging station. Most of them had no awareness about the existence of EVs. Therefore, they were very skeptical about our proposal. Even when they agreed to give us the space, there had to be enough electrical power available. Applying and getting power connections with various DISCOMS, in various states, at multiple locations was a big challenge. Once we could get the power, the quality of power was also a challenge. DC chargers do not function outside the optimal voltage range. After all of this, we have to keep in mind that the number of EVs in the market is too small at the moment to make this a financially viable venture. However, we needed to have the charging stations in place to encourage EV adoption. We believe we are about two to three years away before the market gets large enough to make the investments viable. What would be your advice to the young generation of entrepreneurs and enthusiasts who want to venture into the Electric Vehicle Solutions Space? The EV charging infrastructure is about getting things done on the ground. It is about execution, which involves a lot of stakeholders. Moreover, this is a service industry, which requires a lot of attention from customers. Focusing on customer experience is very important. Where do you envision Zeon Charging to be in the long run, and what are your future goals? How do you plan to embrace the changes happening in the industry? Our mission is to promote sustainable mobility. Therefore, we are not just about embracing change, but we are leading the change in the mobility industry. In the short term, the charging infra that we are creating will give the confidence to customers to choose EVs over ICE options. In the long time, we aspire to become the most comprehensive and a very reliable EV charging network, which would power the automobiles of the future. 43 | January 2022 | www.insightssuccess.in