Jaipur-based smart electric scooter startup BattRe

#News(Startup) [ via IoTForIndiaGroup ]

The BattRE e-scooter uses Internet of Things (IoT) to connect with a smartphone app to store all vehicle-related data. Using the app, a customer can locate the nearest charging station, and also predict maintenance-related requirements. The e-scooter owner can also send service requests through the mobile app.

The e-scooter has a digital display, which shows battery usage, speed, temperature, odometer, and faults, if any. It also comes with safety features like day running lights, rear reverse, anti-theft alarm with tyre lock, front and rear disc brakes, and broad tubeless tyres. The scooter also includes keyless start, under-seat storage, USB port, and motorcycle like handles.

BattRe has a factory at Jaipur, and offices in Jaipur and Gurugram. Nischal says the cost of manufacturing one unit at the current level of production is roughly around Rs 52,000. However, as the volumes increase, the economies of scale will bring down costs by 7-8 percent.

BattRe directly competes Tiger-Global funded Ather Energy. The interest in EVs is high across the country, with customers pushing the limits with their electric vehicles. In fact, the online Ather community shows some owners have taken their electric scooters long distance – from Bengaluru to Tirupati, which is a distance of 254 kilometres. Ather has also set up 32 charging stations across Bengaluru, while Ather 340 and Ather 450 are priced at Rs 1.1 lakh and Rs 1.3 lakh, respectively.

In comparison, BattRe’s e-scooter with a 24 Ah battery is priced at Rs 59,555 (on-road price). The e-scooter with a 30 Ah battery variant comes for Rs 63,555 (on-road price).

“With the battery being detachable, consumers can swap it if they have another battery with them. However, we don’t have swappable battery stations,” says Nischal. This, he adds, has helped the company optimise costs and prices.

“At BattRE, we are placing a lot of emphasis on distribution and after sales service. We are looking at 59 dealers, across India,) and a revenue of Rs 28 crore in FY20. We are targeting a revenue of Rs 600 crore by FY26,” says Nischal.

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