This company manufactures electric three-wheeled vehicles for commercial use, providing an alternative to traditional fossil fuel options. Their vehicles feature long-range batteries, regenerative braking, and smart energy management systems to facilitate sustainable transport for businesses.
Funding
$39.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional fossil fuel-powered three-wheeled vehicles used for commercial purposes contribute significantly to air pollution and have high operating costs due to fuel consumption and maintenance. These vehicles often lack the range and performance required for efficient last-mile transportation, especially in challenging road conditions.
Solution
Altigreen manufactures electric three-wheeled vehicles designed for last-mile cargo and passenger transportation, offering a sustainable and cost-effective alternative to conventional vehicles. Their vehicles are specifically engineered for the Indian environment, road conditions, and driving behavior. Altigreen's electric vehicles boast features such as long-range batteries, regenerative braking, and high ground clearance, ensuring reliable performance and reduced operating costs. The company offers various models, including high-deck and low-deck cargo vehicles, a flatbed cargo variant, and a passenger vehicle, catering to diverse transportation needs.
Target Audience
The primary target audience includes businesses, fleet operators, and individual drivers involved in last-mile cargo delivery and passenger transportation services seeking cost-effective and environmentally friendly vehicle options.
Features
- High-Deck and Low-Deck cargo variants with a class-leading 177 cu ft container for increased cargo volume
- neEV TEZ model with rapid charging capabilities, achieving 0-100% charge in 15 minutes
- neEV Bhai flatbed variant with customizable cargo box and integrated parking camera and sensor
- neEV Rahi passenger vehicle with a 5-seater configuration
- 11 kWh battery capacity providing a certified range of over 120 km on a single charge
- 8.25 kW motor delivering a torque of 810 Nm (max) at the wheels and a top speed of 53 kmph
- Best-in-class ground clearance of 220 mm and IP67-rated battery and motor for all-weather performance
- Regenerative braking technology to enhance battery efficiency and extend range