Tuesday, September 29, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Exports

Pune sets to produce electric three-wheelers for India-emerging markets

Fiinews by Fiinews
August 14, 2019
in Exports, Investment, Manufacturing, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
24
VIEWS
LinkedinShare on Twitter

Indigenous ERICK for the global markets

 

SHADO
Electric three-wheeler ERICK.

A US$10 million Pune factory is set to produce electric three-wheelers this month, first for the Indian market and then for exports to emerging economies globally.

The factory will produce 1,000 units per month and scale production in line with the Indian market demand, with export planed for the coming years, said Dr. Saurabh Markandeya, Co-CEO & Executive Director for SHADO Group the US$10 million investor.

SHADO has also unveiled its first model in Bangalore on 14 August 2019 backed by indigenous electric battery technology.

ERICK has two models – passenger and cargo e-vehicle – making it among the latest Electric Vehicle technologies based on affordable low voltage, high-performance instantly-charged transportation mode.

The zero-emission three-wheeler has a range of 70-km per charge and is capable of operating at high ambient temperatures and exceeds traditional gasoline, CNG and diesel vehicles in performance.

The proprietary ultracapacitor battery is able to charge in minutes from on-grid fixed charging stations or off grid mobile solar powered charging points.

ERICK passenger and the cargo three-wheeler models equip drivers and fleet owners with a powerful, robust transport solution for urban India as well as developing markets in Africa and South East Asia.

The vehicles are designed and manufactured by Bangalore-based Adarin Engineering Technologies which merged with SHADO in 2017.

The technology behind ERICK is the result of years of R&D conducted in Singapore and Bengalore that has produced a number of patented products, said Dr Markandeya. SHADO also has a research centre in Malacca.
SHADO plans to partner Indian SMEs and entrepreneurs and build out a pan-India charging ecosystem that will go on to enable the widespread consumer adoption of electric vehicles, said Dr Markandeya.

The present fleet of e-vehicles take too long to charge, are expensive and charging stations are few and far between. “Electric vehicles need to match conventional vehicles in performance, cost and durability, as well as have the requisite charging infrastructure in place,” he elaborated.

The Powertrain within ERICK is powered by ‘Electrans’, an indigenously developed electric powertrain consisting of a low voltage motor integrated with differential and a liquid-cooled motor controller delivering extreme torque even at low speeds.

The ultracapacitor battery uses di-electric material which does not produce any chemical reaction (unlike traditional Lithium ION batteries) meaning they last much longer and charge quicker.

The battery performance is managed by SHADO Group’s proprietary AI-based self-learning algorithm for passive and active balancing, ensuring consistent power output and efficient charging, he said. Fiinews.com

Tags: SHADO Group
ShareTweetShare

Related Posts

AIDA
Investment

Invest: UAE-India work on $200bn bilateral trade

by Fiinews
September 29, 2026
0
11

CEPA reviewed in Mumbai in view of complex geopolitical and economic environment The UAE and India are expanding investment cooperation...

RBI
Investment

Invest: RBI explains repo rate

by Fiinews
September 28, 2026
0
13

Stable benchmark makes it easier to project the repayment cost, says central banker When the Reserve Bank of India (RBI)...

UPITS 2026 logo

Export: Entrepreneurs to access FTA-bound markets

September 28, 2026
14
LTTS

Tech: LTTS-Cognite work on AI capabilities

September 27, 2026
19
PIB

Export: India committed to partnership with ASEAN

September 26, 2026
15
TDB Ubifly

Invest: Ubifly gets Rs.285cr for mobility solution

September 25, 2026
20
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Wipro emerges leader in Everest’s MatrixTM 2018

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: UAE-India work on $200bn bilateral trade
  • Project: Trishna to be launched in 2027
  • Market: ANSCER goes global with office in Plano
  • Invest: RBI explains repo rate
  • Export: Entrepreneurs to access FTA-bound markets

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.