New Delhi: Creatara, an electric vehicle (EV) company founded by Vikas Gupta and Ringlarei Pamei from IIT Delhi, has officially launched their vehicle concepts VS4 and VM4, at IIT Delhi’s Research & Innovation Park.
The Indian electric vehicle market is experiencing rapid growth, with an annual growth rate exceeding 20%. The Economic Survey 2023 projects an impressive 49% CAGR between 2022 and 2030 in India’s domestic EV market. It also predicts 10 million annual sales by 2030. In 2022, the electric scooter and motorcycle market size was USD 893 million. Moreover, it is expected to soar to USD 6,161 million by 2030, growing at a CAGR of 27.30%.
Creatara enters this booming market, influenced by rising fuel prices, environmental concerns, and government initiatives. One such initiative is the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme, aiming to achieve 30% electrification of India’s vehicle fleet by 2030. It’s a perfect moment, as the industry’s market size was valued at over USD 1.18 billion in 2023, with a projected growth of USD 2.92 billion by 2032.
Addressing safety concerns prevalent in the market, Creatara stands out with features like safe-start technology. This technology also requires a minimum rider weight to start the vehicle, preventing unauthorized or unintentional acceleration. Efficient passive battery pack cooling reduces risk of overheating. Features like these offers peace of mind to the riders.
Creatara’s India-centric design is meticulously tailored for the varied Indian landscapes, ensuring compatibility with diverse terrains and usage scenarios. Moreover, its state-of-the-art sensors and GPS tracking enhance rider safety and awareness, integrating seamlessly with the riding experience.
The modular vehicle platform of the e-bike is a key aspect of its design. It’s adaptable to various use cases. For instance, the recent Moto-Cross variant VM4 features high ground clearance, longer suspension travel, purpose-built panels, etc., designed for hill-friendly navigation and challenging terrains.
VIKAS GUPTA, Co-Founder & CEO – Creatara stated, “Our aim is to revolutionize personal mobility for the next generation. Moreover, our tailor-made electric two-wheelers are not just vehicles. They’re also a statement of innovation, sustainability, and personalized freedom, designed to resonate with the dynamic lifestyle of today’s consumers.”
Creatara builds its indigenous designs from the ground up, exemplifying the integration of form and function. The e-bike’s unmatched customisation options set a new standard in the industry, enabling levels of customization and enhancement that are the first of their kind in the automotive industry. This modularity, coupled with unmatched customisation options, reflects Creatara’s commitment to meet the unique preferences of every rider.
In terms of performance, Creatara sets high standards with acceleration capabilities of 0 to 40 km/h in under 3.7 seconds and a top speed of 100 kmph. This defies the common misconception of compromised performance in EVs. Along with a charging time of 4-5 hours and a range of 100 km on a single charge. Furthermore, their robust proprietary Vehicle Control Unit (VCU) ensures stability and long-term durability, holding together all these features.
Creatara’s launch signals a new era in urban transportation, aligning with global standards in design and quality. Moreover, its commitment to safety, cutting-edge technology, and user-centric approach empowers individuals to explore their cities sustainably and personally, redefining commutes in a rapidly evolving EV landscape.
