India’s first ‘green’ sports car to hit roads next yearkhaleejtimes.com: The SNEV could cover 1,000 kilometres with a single charge of its batteries with the top speed of 150km an hour.
Ahmedabad — India’s first indigenously-developed electric sports car, the Supernova Electric Vehicle (SNEV), is all set to hit the roads next year.
Ahmedabad-based Golden Arrow Wireless Pvt Ltd, which showcased the prototypes of the ‘green’ car at an exhibition in Gandhingar in Gujarat, is looking for a 50-acre plot of land in the state to set up a factory where it also later plans to manufacture electric buses and three-wheeler autos.
Shashi Vyas, CEO of Golden Arrow Wireless, told journalists at the ‘Auto Show 2014’ that the SNEV, which would cost between Rs1.5 million to Rs2.5 million, could cover 1,000 kilometres with a single charge of its batteries with the top speed of 150km an hour.
The company, which also plans to launch a four-seater family car, is awaiting approvals from the Automotive Research Association of India before establishing manufacturing facilities at multiple locations, including even Delhi, Mumbai, Bangalore and Raipur, besides Gujarat.
Vyas said would come in three battery options — the lead acid, lithium ion and supercapacitors. While the lead acid version would take eight hours to charge, the lithium ion battery would take two hours to charge, and the supercapacitors would take less than five minutes to charge.
Golden Arrow has raised around Rs5 billion from investors so far and is looking to raise more funds to start manufacturing the electric vehicles, though it already has 250 bookings for the SNEV with delivery scheduled for 2015-end.
The company plans to sign a Rs25 billion MoU during the 2015 Vibrant Gujarat Global Investor Summit in January next.
Ahmedabad — India’s first indigenously-developed electric sports car, the Supernova Electric Vehicle (SNEV), is all set to hit the roads next year.
Ahmedabad-based Golden Arrow Wireless Pvt Ltd, which showcased the prototypes of the ‘green’ car at an exhibition in Gandhingar in Gujarat, is looking for a 50-acre plot of land in the state to set up a factory where it also later plans to manufacture electric buses and three-wheeler autos.
Shashi Vyas, CEO of Golden Arrow Wireless, told journalists at the ‘Auto Show 2014’ that the SNEV, which would cost between Rs1.5 million to Rs2.5 million, could cover 1,000 kilometres with a single charge of its batteries with the top speed of 150km an hour.
The company, which also plans to launch a four-seater family car, is awaiting approvals from the Automotive Research Association of India before establishing manufacturing facilities at multiple locations, including even Delhi, Mumbai, Bangalore and Raipur, besides Gujarat.
Vyas said would come in three battery options — the lead acid, lithium ion and supercapacitors. While the lead acid version would take eight hours to charge, the lithium ion battery would take two hours to charge, and the supercapacitors would take less than five minutes to charge.
Golden Arrow has raised around Rs5 billion from investors so far and is looking to raise more funds to start manufacturing the electric vehicles, though it already has 250 bookings for the SNEV with delivery scheduled for 2015-end.
The company plans to sign a Rs25 billion MoU during the 2015 Vibrant Gujarat Global Investor Summit in January next.
