the deterioration of the energy shortage, pollution, making the electric car industry gradually be taken seriously. The rise of the concept of environmental protection and energy saving are developing countries, Ather is a design of electric bicycle manufacturers in India, they aim to solve pollution and energy shortage problem for India.
Sachin Bansal and Binny Bansal was the founder of the Indian electricity leading enterprise it. They recently invested in a start-up from bangalore Ather, the company produced electric bicycle than India currently on the market of electric bicycle is more energy-efficient, more quickly. The chief executive of serial entrepreneur and Medall Raju Venkatraman and some medical diagnostic center also took part in the $1 million worth of financing.
Ather is by the Indian institute of technology Madras, graduates Tarun Mehta and Swapnil Jain created last year. Mehta and Jain at the Indian institute of technology Madras, major in engineering design, and holds six patents. Ather team a total of 15 engineers, most of people have attended college students formula SAE racing car design competition.
Tarun Mehta in about finance said in a statement: “the development of electric bicycles in India is still in the initial stage, our goal is to develop and the introduction of highly efficient electric scooters, which will be conducive to the development of the country, to help the government more efficient management of resources.”
Ather has completed preliminary performance testing of the electric bicycle. One of the most key feature is the battery three times lighter than the current market. The new model can charge to 80% within 1 hour. It also has a more powerful motor, this machine can overcome the existing electric bicycle and motorcycle’s speed limit. Ather web page is described in this: “the acceleration of the motorcycle performance better than the fuel oil motorcycle, can generate good electricity at lunch time, with Android system under the dashboard, there is a nearly perfect battery.”
after the financing, manufacturers will be put into production, speed up product launch schedule. In February, Ather has from the Indian government and silicon valley technology development department database genius V Srinivas (founder of the open source no manufacturer Aerospike) received first seed money.
Ather is Indian government electric vehicle technology advisory group members. The Indian government last year launched a national strategy on electric cars, one goal is to support the development of green enterprise. By 2020, there will be more than 35 million bicycle traffic in the streets of India, it will cause a great pollution and large oil import bills.
although like Ather enterprises can alleviate these problems, but the government can do more than build support system. To the construction of electric vehicle charging stations and the tax rebate policy on the purchase of environmentally friendly products has been discussed for a long time. Environmentalists claim that support policy is so difficult to enact, because the country is powerful oil giant and automotive industry. Another electric bicycle manufacturers Dhivik A said: “from the production of bearings to make spring, big oil and auto giants are against us.”
support for Ather such electric car companies should not only stay on paper. Sachin Bansal and Binny Bansal said: “we believe that our world is becoming more intelligent, more energy saving and environmental protection.”