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ravi_b | 4 years ago

Even with half cost, we are more expensive than lead acid batteries. Typically lithium ion batteries are three times in price compared to lead acid batteries. Erickshaw drivers are very cost sensitive to upfront battery cost. We wanted to give them the most affordable battery solution.

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uranium|4 years ago

Sure, but if you can reduce the cost of lithium-ion batteries by 50% in general, why are you not just licensing that technology to Tesla and others for gigabucks? Or is your cost reduction quite specific to the batteries that eRickshaw drivers need for some reason?

ravi_b|4 years ago

We will get into electric scooters soon. Focussed on commercial delivery scooter (like for Zomato and swiggy) initially.