What do we do?

We convert existing three-wheelers to electric on a battery swapping model 

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Pollution causing engine and transmission are removed and conversion kit with motor and swappable batteries are installed

With new electric powertrains, users get a refresh to their vehicle and the operating expenditure drops by 30%

Swap your discharged battery with a charged one in less than two minutes in one of our swapping stations 

Watch how it all comes together:

Other benefits:

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Since the user will be just renting the battery, the battery costs are on us

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Our conversion kits cost a fraction of the price of buying a new vehicle

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Conversion Kit

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We follow optimum charging profiles under ideal conditions ensuring maximum life cycles

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Battery delivery services for emergency situations - complete elimination of range anxiety problem

Battery Swapping Station

How do we grow our battery pool?

Partnership

We operate on a profit sharing model

Individuals

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You can invest in our batteries to generate cash flows while reducing carbon emissions

Institutions

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Renting batteries from battery manufacturers to be used on our platform 

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Oil companies are increasingly looking towards investments in alternate energies

Ownership

We own the batteries completely

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Raising money through debt financing rounds, term loans etc. 

 

How do you become a partner?

Invest in our batteries

- Generate cash flows on your investment

- Enrich the lives of low-income taxi drivers

Your batteries are secure!

- Batteries are tracked in real time with in-built tampering sensors

- They are also secured by a three-layer authentication system

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kg of CO2 emissions reduced

per battery over the life of the battery (7 years)

Source

Thakur, P. & Pal S., "Estimating vehicular emissions from auto rickshaws plying in Bengaluru" IJSER Volume 9, Issue 5, May 2018

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Operating expenses per day

Your investment provides direct financial benefits to low income groups

Why us?

Average Annual

Returns

Returns Fluctuations

Saving the earth?

If you had invested $100 a year ago, your returns would be:

RACEnergy

$33

Low

Yes

SENSEX

Indian stock market index

$17

High

No

Gold

$8.6

Medium

No

Mutual Funds

Top performer

$25.7

Medium

No

Bank Fixed Deposit

$8

Very low

No