British International Investment

Euler Motors is an automotive technology startup specializing in commercial electric vehicles, particularly electric three-wheelers designed for intra-city goods transportation. The company aims to accelerate India's transition to sustainable mobility by addressing the challenges of last-mile logistics for e-commerce and third-party logistics providers. By providing a comprehensive "mobility as a service" solution, Euler Motors seeks to facilitate the mass-market adoption of electric vehicles, thereby contributing to the Electric Vehicle Revolution in India. Their vehicles not only promise lower maintenance costs but also help reduce the overall cost of fleet operations for users.

Vecmocon Technologies is a deep-tech company specializing in electric vehicle solutions aimed at enhancing clean mobility. The firm develops and engineers essential components for electric vehicles, including battery management systems, motor controllers, vehicle intelligence modules, and chargers. These patented products are certified by the International Centre for Automotive Technology, ensuring compliance with industry standards and government regulations. By focusing on making electric vehicles smarter, more intelligent, and more connected, Vecmocon Technologies supports EV brands in delivering exceptional and sustainable product experiences to their customers.

BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

Euler Motors is an automotive technology startup specializing in commercial electric vehicles, particularly electric three-wheelers designed for intra-city goods transportation. The company aims to accelerate India's transition to sustainable mobility by addressing the challenges of last-mile logistics for e-commerce and third-party logistics providers. By providing a comprehensive "mobility as a service" solution, Euler Motors seeks to facilitate the mass-market adoption of electric vehicles, thereby contributing to the Electric Vehicle Revolution in India. Their vehicles not only promise lower maintenance costs but also help reduce the overall cost of fleet operations for users.

Turno is a fintech startup that provides electric vehicle solutions for operators and owners. It helps commercial vehicle operators make the switch to EVs. Turno accomplishes this by offering a diverse range of vehicles from partner OEMs, affordable financing, and battery value guarantees to ensure the best possible return on investment for EV owners. Turno's mission in India is to convert gasoline miles to electric miles. The startup sells EVs manufactured by various brands both online and in physical stores, as well as providing financing options and buying back used batteries.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

ChargeZone is a renewable energy solutions company based in India, focused on advancing electric vehicle (EV) infrastructure. Established in 2018, it specializes in developing a sophisticated EV charging network using Grid-to-Vehicle technology, which facilitates an unmanned charging experience for users. The company provides a comprehensive range of data and software solutions that enhance the adoption of electric vehicles. ChargeZone aims to establish 100,000 charging stations across key markets in India, catering to various vehicle types including cars, buses, and trucks. Its mobile application simplifies the process of locating charging stations, ensuring that customers can access smart charging services conveniently and affordably.

BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.

Euler Motors is an automotive technology startup specializing in commercial electric vehicles, particularly electric three-wheelers designed for intra-city goods transportation. The company aims to accelerate India's transition to sustainable mobility by addressing the challenges of last-mile logistics for e-commerce and third-party logistics providers. By providing a comprehensive "mobility as a service" solution, Euler Motors seeks to facilitate the mass-market adoption of electric vehicles, thereby contributing to the Electric Vehicle Revolution in India. Their vehicles not only promise lower maintenance costs but also help reduce the overall cost of fleet operations for users.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

Mahindra Electric Automobile operates as a four-wheeler (4W) passenger electric vehicle company.

EV Co. provides four-wheeler electric passenger vehicle services.

ARC Ride Global is a provider of e-mobility battery-as-a-service, operating a network of electric vehicles designed to cater to diverse mobility needs. Their service is affordable, reliable, and eco-friendly, allowing users to conveniently reach their destinations.