Persist Energy develops modular electric two-wheelers with scalable drivetrains tailored for the operational needs of micro, small, and medium enterprises in developing nations. Their low-cost charging ecosystem and integrated vehicle platforms address the challenges of affordability and efficiency in urban mobility.
Funding
Funding not disclosed
Founders
Product
Problem
Micro, small, and medium enterprises (MSMEs) in developing nations face challenges related to the affordability and efficiency of urban mobility solutions, hindering their operational capabilities and growth. Existing electric two-wheelers may not be specifically tailored to the diverse operational needs of these businesses, leading to inefficiencies and increased costs.
Solution
Persist Energy provides modular electric two-wheelers designed with scalable drivetrains to meet the specific operational requirements of MSMEs in developing nations. The company's vehicles are built on adaptable platforms, ensuring compatibility with various business needs and enabling seamless integration with existing systems. Persist Energy also offers a low-cost charging ecosystem, accessible through a mobile application, to further reduce operational expenses and improve the accessibility of charging infrastructure for its customers.
Target Audience
The primary target audience consists of micro, small, and medium enterprises (MSMEs) in developing nations seeking affordable and efficient urban mobility solutions tailored to their specific operational needs.
Features
- Modular Utility System (MUS™) for maximum compatibility with diverse business needs.
- Scalable drivetrain that can be easily adjusted without significant design changes.
- Low-cost charging points that can be easily installed at home or business locations.
- Mobile application for locating and utilizing charging points.
- Electric two-wheeler design optimized for affordability and low running costs.