Coimbatore based Ampere Vehicles has been slowly and steadily on the rise and is playing a crucial role in the electric vehicle business and developing the overall electric vehicle ecosystem in India. While a lot is spoken about big automakers venturing into the electric space, Ampere Vehicles along with Technology Development Board had developed indigenous chargers for electric two and three-wheelers earlier this year and the company is taking giant leaps by developing new technology under Make in India campaign and monetising its Research and Development assets by bringing in innovative product.
The company recently appointed Meera Menon as its Chief Operating Officer and shows its focused growth plan to emerge as one of the leading player in a nascent but fast developing Indian electric vehicle industry. The company’s current product segments include electric cycles, electric scooters and electric three-wheelers and customized electric vehicles.
While the current focus for Miss Menon is on developing technology development initiatives and developing the charging infrastructure, she also believes that a city if planned well a city like Coimbatore has the potential to be an e-city soon. On charging infrastructure she further added that, “there is a challenge in long distances with no proper infrastructure, trying to identify locations on long distances to have 2-3 charging points. Not everyone is looking for last mile connectivity; many would consider long distance travel on EVs if the facility is available.” The company has been investing its time and money in bring out innovative products and believes that battery swapping technology might help in overall development of electric ecosystem.
Ampere Vehicles is also a key member of Society of Manufacturers of Electric Vehicles (SMEV) and the organization is in constant touch with various government authorities seeking ways to standardize battery technology across segments.
“Increments in Electric vehicles technology is much quicker and major auto makers, IT players have an electric plan and technology in place. Government subsidies for lithium right now are much higher, Govt has been suggesting that we cannot sustain these subsidies for long but if we build volumes and with evolving battery technology the need of subsidies will also go down” Miss Menon further added.
There are so many EV players in the market now and all of them are on fast track growth, everyone is moving quickly with make in India model and to maximize government support. The government is also offering grants and soft loans to companies with heavy R&D activities and innovative products.
In this race in EVs a lot will depend on coordination between various stake holders and the success in locally made products and indigenous development of both EVs and the charging infrastructure.