Creatara, an emerging player in India’s electric two-wheeler sector, has announced securing a grant from the Ministry of Heavy Industries, Government of India (GOI). Valued at Rs 3.9 crores, the government allocated the grant under the Capital Goods Scheme to bolster the advancement of local technology.
The startup plans to use the grant to improve research and development and prioritize innovation and sustainability. Also, the company said that the grant will speed up the development of local EV technology.
Despite unveiling the VS4 and VM4 e-scooter concepts, the startup has yet to start market distribution. However, VS4 and VM4 have various convenience and safety features, including:
- A modular platform
- Extended-travel suspension
- Generous ground clearance
- Custom-made panels
- GPS tracking
- Hill-friendly navigation
According to Creatara, its e-scooter can accelerate from 0-40 km/h in just 3.7 seconds. Additionally, the e-scooter has an impressive 100km/h top speed. Further, the startup claims a range of 100 km on a single charge, with a charging duration of 4-5 hours.
While the startup has not disclosed detailed specifications of its concept scooters, it has mentioned that the models will include its proprietary Vehicle Control Unit (VCU).
Vikas Gupta and Ringlarei Pamei, both from IIT Delhi, established Creatara Mobility in 2018. The primary objective of the company is to design, construct, and promote sustainable mobility solutions.
Vikas Gupta, CEO of Creatara, said:
This grant is a testament to the dedication and hard work of our team at Creatara. We are honoured to receive this support from the Ministry of Heavy Industries (GOI). This will motivate us to continue our mission of revolutionizing the electric two-wheeler market.
With the grant secured, Creatara intends to ramp up its R&D efforts, focusing on enhancing native technology for electric vehicles. The government grant not only affirms company’s vision but also acts as a driving force for accelerating the advancement of native EV technology.
