iCreate (International Centre for Technology and Entrepreneurship), innovation-based startup incubator, has launched EVangelise, a grand challenge aimed at identifying the next generation of innovators in the electric vehicle sub-components segment. Planned in three stages over seven months, EVangelise is targeted at startups, college students, research institutions, independent innovators, and EV enthusiasts, with revolutionary innovations in sub-components used in 2W & 3W electric vehicles.
* EVangelise is a three-stage, international challenge open to startups, college students, research institutions, independent innovators, and EV enthusiasts with innovations pertaining to two-wheeler and three-wheeler EV sub-components.
* A total of Rs 88.5 lakh will be given as assured cash prizes to winners across four innovation categories and three stages.
* The top three winners will get cash prizes of Rs 10 lakh, Rs 7.5 lakh, and Rs 5 lakh, besides assured incubation support of Rs 50 lakh each, access to iCreate’s facilities, market connections, and industry mentorship.
* The event will culminate in an EV Expo against the backdrop of the statue of Sardar Vallabhbhai Patel in Kevadia, where 18 finalists will showcase their innovations, alongside India’s leading EV companies and sub-component manufacturers.
* The grand finale will feature a one-of-its-kind EV race at the Statue of Unity, the world’s tallest statue.
* Applications are open from 15 July 2021.
Anupam Jalote, CEO, iCreate said, “EVangelise aims to identify and nurture some of the brightest minds from across the world, by using the power of innovation in addressing key problem statements of the EV industry. This event has been conceptualised to accelerate the adoption of electric vehicles in the country with sophisticated, energy-efficient and sustainable transportation solutions for the Indian market, thus aligning with India’s 2030 EV ambitions of having 80% of two- and three-wheeler sales as EVs. We believe these innovations also have the potential to help Indian EV manufacturers gain a position of global leadership. iCreate envisions a 25% energy efficiency over current EV configurations through a multitude of efficiency-enhancing innovations such as regenerative braking, waste heat recovery, and more. With EVs as one of our focus areas, we have experienced first-hand, the technology potential in this segment. iCreate is thrilled to announce the launch of EVangelise and invite EV enthusiasts from all over the world to come and witness history in the making.” EVangelise has been designed to cover the four sub-component levels of an electric vehicle: Electric Powertrain (motor + controller); Battery, BMS, and Hybrid Energy Storage Systems; Regenerative Braking Systems; and Intelligent Vehicle Management Systems. With EVangelise, the goal is to create a tech package that can be used by mass manufacturers for accelerating EV adoption in India, and to gain a dominant market position in the global market. Participants can get more details at www.EVangelise.org.in or emailing at EVangelise@icreate.org.in.
With NewsVoir inputs