Company Performance Metrics
For decades, there have been no major innovations on the vehicle side of an EV, leading to these vehicles becoming extremely heavy, battery guzzling structures. This results in an extremely low range to weight ratio, necessitating addition of significantly more battery capacity and upfront costs! Planet Electric, a materials innovation company, is
built to solve for the V in EV!! “The core focus is to build the Next Generation Vehicle that is 75% lightweight, allowing for 50% battery reduction; and in addition, provide superior economics compared to the competition in India.” Planet Electric’s founding team, whose base lies in the rocket science, has built launch vehicles and satellites at the Indian Space Research Organisation. Armed with their knowledge and passion, they have addressed the innovation gap and want to bring a viable commercial solution to the logistics industry.
