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This partnership aims to navigate India's thriving three-wheeler market, which now has over 6 million petrol and diesel-powered vehicles on the road.
Altigreen Propulsion Labs and MathWorks will work together to push forward the development of electric three-wheelers in the country.
MathWorks is the developer of mathematical computing software. MathWorks, founded in 1984, specializes in the development of mathematical computer software and provides tools that are extensively utilized in multiple colleges and learning institutions throughout the world.
With over 6,000 workers in 34 offices across the world, the company helps numerous industries, including automotive and aerospace, accelerate discovery, innovation, and development.
Altigreen's NEEV electric three-wheeler has received industry praise for its performance, eco-friendliness, and affordability. It exemplifies how Model-Based Design may be utilized to build a high-performing, low-cost product. The Altigreen team iterated quickly on its concept and optimized it for the Indian market, all while cutting development time and costs.
'Using Matlab and Simulink helped our teams to swiftly test concepts and iterate on new design refinements and functionalities. Our proactive approach of investing in simulation and clean technologies, such as electric powertrains, assisted the company in reducing pollutants and noise while developing electric three-wheelers that exceed their fossil fuel equivalents in terms of torque, power, and range,' stated Dr Amitabh Saran, Founder and CEO of Altigreen.
The partnership aims to navigate India's thriving three-wheeler market, which now has over 6 million petrol and diesel-powered vehicles on the road.
Altigreen is working on an environmentally friendly electric vehicle. Altigreen, based in Bengaluru, was founded in 2013 with the goal of developing electric vehicles exclusively for the last-mile transportation segment in India, ensuring that they are suited for Indian roads and driving habits. The company has a wide range patent portfolio and recently raised Rs 300 crore in funding, has a presence throughout India.
Altigreen, which has been actively involved in the electric three-wheeler market in India, builds its vehicles with small business owners and independent drivers in mind, among others. The NEEV has been recognized in the market for its eco-friendly and efficient performance.
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