Creatara redefines urban mobility by fusing safety, customization, and cutting-edge technology, according to the business, marking a key milestone in the EV segment.
New Delhi: At IIT Delhi's Research & Innovation Park, Creatara, an electric vehicle (EV) business created by Vikas Gupta and Ringlarei Pamei from IIT Delhi, showcased two vehicle designs, the VS4 and V. Creatara, a revolutionary electric vehicle that combines safety, customization, and cutting-edge technology, represents a major turning point in the EV market.
The market for electric vehicles in India is expanding quickly, with an annual growth rate of more than 20%. The Indian EV industry is expected to grow at an amazing 49% CAGR between 2022 and 2030, according to the Economic Survey 2023, with 10 million yearly sales anticipated by that time. A compound annual growth rate (CAGR) of 27.30% is predicted to propel the electric scooter and motorbike market, which was valued at USD 893 million in 2022, to USD 6,161 million by 2030.
With the goal of electrifying 30% of India's vehicle fleet by 2030, Creatara joins this growing market, driven by government programs such as the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme and rising fuel prices. With the industry's market size estimated to be worth over USD 1.18 billion in 2023 and expected to increase to USD 2.92 billion by 2032, this is the ideal time to invest.
With features like safe-start technology, which demands a minimum rider weight to start the vehicle and prevents inadvertent or unauthorized acceleration, Creatara distinguishes out in the market by addressing common safety issues. Overheating risk is decreased by effective passive battery pack cooling. These kinds of features give riders peace of mind, according to a press release from the company.
With its India-centric design, Creatara is compatible with a variety of terrains and usage scenarios because it is specifically crafted for the unique landscapes of India. The business claimed that its cutting-edge sensors and GPS tracking improve rider safety and alertness while blending in perfectly with the riding experience.
One of the most important aspects of the e-bike's design is its modular vehicle platform. The latest Moto-Cross variation VM4, which has characteristics like high ground clearance, longer suspension travel, purpose-built panels, etc. for hill-friendly navigation and difficult terrains, is an example of how versatile it is for many use cases.
Co-Founder and CEO of Creatara, Vikas Gupta, said, "We want to transform personal mobility for the upcoming generation." Our custom-built electric two-wheelers are meant to fit the active lifestyles of today's consumers. They are more than just automobiles; they are a declaration of creativity, sustainability, and individual freedom."
Originating from the ground up, Creatara's indigenous designs are a prime example of fusing form and function."
"With degrees of customization and augmentation that are unprecedented in the automobile sector, the e-bike offers customization options that no other product in the market can equal. This versatility and unmatched customization possibilities demonstrate Creatara's dedication to catering to each rider's particular preferences," he continued.
With a top speed of 100 kmph and acceleration times of less than 3.7 seconds, Creatara's performance levels are exceptionally high. This refutes the widespread belief that EV performance is hindered. In addition to having a 100 km range on a single charge and a charging time of 4-5 hours. According to the company, their strong patented Vehicle Control Unit (VCU) provides stability and long-term durability for all these characteristics.