For all the buzz electric cars enjoy in India, the market for them – if you pardon the pun – can best be described as low voltage. Only three models currently exist and charging infrastructure for them is very sparse, even within major cities. Given this scenario, Bengaluru-based Pravaig Dynamics has what it says is a very interesting business plan for its upcoming electric car, the Extinction, which it hopes will make a mark in this emerging space.
What is Pravaig Dynamics?
Pravaig Dynamics was founded in 2011 in Jaipur and began making specialist off-road buggies. The company’s shareholder and advisor, Ram Divedi, says the company has the backing of the Eren group from France, a company active in the field of renewable energy generation, mainly in wind and photovoltaic power supplies. For the EV venture, Pravaig has established a facility in Bengaluru.