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#News(Startup) [ via IoTForIndiaGroup ]
GMW’s success, as a bootstrapped startup in T-Hub, recently found its co-founder Rahul a place in the Forbes 30 Under 30 Asia 2018 list.
GMW was already making electric auto rickshaws that it was exporting to Terra Motors in Japan. But these lead acid battery run e-rickshaws have a maximum speed of only 22-25 kmph. So they went back to the drawing board and after several years of research and development, developed e-autos powered by lithium-ion batteries and launched their first e-auto in mid-2015.
Unlike rickshaws with lead-acid batteries, the Smart Auto gives a maximum speed of 55 kmph and can go for 100 km on a single charge.As against diesel rickshaws which have a running cost of Rs 3.5/km, the Smart Auto has a running cost of only Rs 0.50/km.
Gayam’s clientele also includes IKEA, Flipkart, Walmart, ID, Amazon, Chaiguru, Gati, Shadowfax, among others. It is also working with municipalities in Hyderabad, Vijayawada, Tirupati and Visakhapatnam. It sets up the battery swapping and charging infrastructure in the warehouses of these companies.
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