Pravaig

Last updated
Pravaig
Company type Private
Industry Electric vehicles
Founded2011;14 years ago (2011)
Headquarters
Bangalore, Karnataka
,
India
Area served
India
Services
  • Motor vehicle manufacturing
  • Motor vehicle distribution
  • Charging solutions
  • EV batteries
Website pravaig.com

Pravaig is an Indian deep-tech mobility company based in Bengaluru, founded in 2011 in Jaipur, India. [1] In 2019, the Company moved to Bengaluru and established a facility at the KIADB Hi-Tech Defence and Aerospace Park. [2]

Contents

History

Pravaig Energy develops world-class batteries for use across different industries including in cars such as the Pravaig Defy. [3] Founded in India, Pravaig Energy works with global clients to decarbonise their products & supply chains with custom battery solutions. Pravaig has deep international partnerships & work with leading cell suppliers, machinery vendors, & other partners. Pravaig Energy has developed the battery management system (BMS), encapsulant, cooling architectures, & other systems in-house through rigorous iteration. Pravaig also achieved a breakthrough by exporting its energy storage systems to other countries. After releasing the Extinction MK-1, Pravaig unveiled the DEFY and the VEER in New Delhi in November 2022. [4] [5] [6] The DEFY is an SUV with a range of 500km, powered by dual motors that generate more than 600 Nm of torque. [7] The interiors of the DEFY are lined with sustainable fabrics made from recycled materials, such as PET, and feature vegan leather upholstery. [8] The VEER, an SUV designed for defence forces, includes features such as a thermal imaging sensor, airlift hooks, a winch, and a tow hitch. [9] Pravaig provides energy storage solutions (ESS) and Field Pack batteries to clients, including the French renewable energy company Eren Groupe  [ fr ], solar farms in Greece, and combat forces in Europe. [10] [11] [12] Speculation about a potential collaboration with Renault arose after an article featured a Renault Kiger vehicle with a red number plate at Pravaig’s headquarters, suggesting that the company might be working with Renault on its electrification efforts. [13] [14]

At the G20 Summit in New Delhi in July 2023, Pravaig signed a Memorandum of Understanding (MoU) with the Saudi India Venture Studio to manufacture electric vehicles in Saudi Arabia. [15] [16] The company has also expanded into lifestyle products, launching AI-designed cufflinks inspired by Indian heritage, such as those commemorating the Kedarnath Mandir and Ram Mandir. [17]

Pravaig has recruited non-resident Indians and experienced professionals from companies such as Airbus, Intel, and Tesla. [18] [19] In May 2024, following Tesla's rescinding of offers extended to interns, Pravaig offered to interview these interns to explore opportunities for them within the company. [20]

Other Ventures

In 2024, Pravaig stated that it has built and sold technologies used in the production of Electronic Vehicles. Its initial course of action was to build Electronic Vehicles itself, however, it ventured into the production of the technologies, which are built and sold, with the returns being aimed at being used to build the Electronic Vehicles itself. [21] Pravaig also achieved significant milestones with its Veer EV, subsequent upon trials which were completed in Ladakah by the Indian Army spanning two months. The trial, which was successful, was part of the Army’s process to confirm the vehicle could be used by its Special Forces.

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References

  1. ↑ Merchant, Akbar. "Pravaig Defy electric SUV launched at Rs 39.5 lakh". Autocar India. Retrieved 2024-06-10.
  2. ↑ "Pravaig Extinction MK-II: Green, mean and soon to be seen". Autocar Professional. Retrieved 2024-06-10.
  3. ↑ "Pravaig Defy: First premium electric SUV from Indian start-up launched".
  4. ↑ "Pravaig Extinction MK-II: Green, mean and soon to be seen". Autocar Professional. Retrieved 2024-06-30.
  5. ↑ "Pravaig launches electric SUV Defy at Rs 39.5 lakh; deliveries to begin next year". The Economic Times. 2022-11-25. ISSN   0013-0389 . Retrieved 2024-06-10.
  6. ↑ "Events by Pravaig". www.pravaig.com. Retrieved 2024-06-10.
  7. ↑ "Pravaig Defy EV launched at Rs 39.5 lakh: Made-in-India electric SUV with 500 km range". The Times of India. 2022-11-25. ISSN   0971-8257 . Retrieved 2024-06-10.
  8. ↑ "Pravaig Dynamics launches electric SUV with 500km range at Rs 39.5 lakh". Autocar Professional. Retrieved 2024-06-10.
  9. ↑ "Pravaig Veer EV for Indian Army Debuts at Auto Expo 2023: Design, Features, Range and More". News18. 2023-01-12. Retrieved 2024-06-10.
  10. ↑ "Former Tesla engineer-designed battery at Bengaluru startup gets European order - ET EnergyWorld". ETEnergyworld.com. Retrieved 2024-06-10.
  11. ↑ "Pravaig Dynamics secures deal to export energy storage systems to Greece's solar farms: Details". The Times of India. 2024-02-20. ISSN   0971-8257 . Retrieved 2024-06-10.
  12. ↑ "Bengaluru-based startup Pravaig to supply batteries for European forces". The Times of India. 2022-05-15. ISSN   0971-8257 . Retrieved 2024-06-10.
  13. ↑ "Renault Kiger EV spotted at Pravaig plant".
  14. ↑ Barretto, Sergius. "Renault Kiger EV spotted at Pravaig plant". Autocar India. Retrieved 2024-06-10.
  15. ↑ "Saudi, Indian techpreneurs join hands to develop innovation ecosystem". Arab News. 2023-08-01. Retrieved 2024-06-30.
  16. ↑ "Bengaluru-based EV startup Pravaig Dynamics signs pact for EV plant in Saudi". The Economic Times. 2023-07-19. ISSN   0013-0389 . Retrieved 2024-06-30.
  17. ↑ "Pravaig strengthens its product portfolio with the introduction of Ram Mandir inspired cufflinks". infashionbusiness.com. Retrieved 2024-06-30.
  18. ↑ "Pravaig Extinction MK-II: Green, mean and soon to be seen". Autocar Professional. Retrieved 2024-06-10.
  19. ↑ "Former Tesla engineer-designed battery at Bengaluru startup gets European order". The Economic Times. 2022-04-10. ISSN   0013-0389 . Retrieved 2024-06-10.
  20. ↑ "Indian EV startup makes offer to interns spurned by Elon Musk - ETHRWorld". ETHRWorld.com. Retrieved 2024-06-10.
  21. ↑ "The 13-year-old electric car enterprise that's managed to sell everything but an electric car". 27 March 2024.
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