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Made-In-India Pravaig E-SUV

Made-In-India Pravaig E-SUV

Catch Aabha Bakaya, Senior Editor, Business Today TV in conversation with Siddhartha Bagri, the co-founder and CEO of Pravaig Dynamics, which is an Indian Electric Vehicle (EV) startup building its premium electric car – Extinction Mk I. For anyone who wants to know what Pravaig means - Pravaig is a Sanskrit word that means ‘highest attainable speed under constraints’ How Pravaig is doing things differently to address these challenges: Interestingly, over the course of its lifetime, a car is used merely 4% of the time, and the rest of the time it is just sitting in your garage. This is why Pravaig decided to take ownership out of the equation. Customers can ride their cars without owning them, which would save their customers time and money while providing comfort on the road. Unlike most electric vehicle startups that are selling directly to the customers, Pravaig is partnering with fleet operators who will be operating their cars and providing mobility services to the end customers. They might even partner with service providers like Ola and Uber. Pravaig is more focused on solving the challenges around data and providing more control to the users. Pravaig is not just an EV startup but is looking to use its expertise to enter the RoboTaxi and autonomous vehicles market in the future at large. Siddhartha believes that in the future users will have a lot more control over their cars. They will be able to choose everything from their energy provider, charging provider, and the increasing role of AI.