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Solar EV Innovation and Market Strategy

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36 views10 pages

Solar EV Innovation and Market Strategy

Uploaded by

arjun76048277
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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VERMITHOR

HARNESS THE POWER OF NATURE

Group-4
Arjun (f24028), Janani S(f24058), caroline Ritisha (f24037) ,Thiyaga Vinnarasu
(f24166 ), Eldho varghese (f24049)
Pain Points
1. Range anxiety and limited charging infrastructure
2. High upfront costs and uncertainty about solar EV benefits
3. Energy efficiency and battery performance concerns
4. Maintenance and repair costs

Concept benefits
Envirommental Benefits:
Zero Emissions: Reduces greenhouse gas emissions and air pollution.
Cost Effective :
Lower Operating Costs: Solar panels generate free energy, reducing fuel costs.
Sustainability:
Renewable Energy Source: Harnesses solar energy, reducing dependence on fossil fuels.
Increased Efficiency:
Reduced Charging Time: Solar panels supplement traditional charging, reducing
Innovation and leadership:
Pioneering Solar EV technology
Attracting environmentally conscious customers
UNIQUNESS OF THE IDEA

Vermithor’s solar panels extend the vehicle’s range by charging


continuously, reducing dependency on charging stations—especially
convenient in sunny areas.

AI optimizes energy consumption and provides predictive maintenance


alerts, enhancing both battery life and reliability.

The eye-tracking feature improves driver safety by detecting tiredness and


distraction, even through sunglasses, offering a cutting-edge safety
solution.

Vermithor uniquely combines sustainability, advanced technology, and


driver-focused safety, appealing to eco-conscious, tech-savvy consumers.
DIFFERENTIATION
Real-Time Learning Autonomous Driving
Augmented Reality (AR) Windshield
Ultra-Fast Charging & Modular Battery Packs
Solar Roof & Self-Sustaining Energy
Voice & Gesture Controls
COMPETIOTION
TATA Motors
Nexon
Tigor
MG Motors
Comet
MG ZS
Hyundai
Kona
Mahindra Electric
XUV400
BYD
e6
MARKET SIZE & DEMAND ESTIMATION
Projected EV Market (India 2025): 1 million units.
Indian EV Market CAGR (2023-2030): Estimated at 30-40%.
Target Market Share for Solar-Powered EV: 5-10% of EV market = 50,000 -
100,000 units/year.
Revenue Potential (at 12-15 lakh INR): 600 - 1,500 crore INR annually.

TARGET AUDIENCE
Age: 25-45 years.
VERMITHOR
Income Group: 10-20 lakh INR annual income.
Profession: Urban professionals, tech-savvy, environmentally conscious.
Location Focus: Major cities (Delhi NCR, Mumbai, Bangalore, Chennai, where
Hyderabad).
challenges
OPPORTUNITY HIGHLIGHTS are
Sustainability Appeal: Solar charging aligns with government’s green mobility
converted
goals. into
Cost Savings: Reduces dependency on EV charging infrastructure; beneficial
in sun-abundant regions. opportunities
First-Mover Advantage: Few solar-powered EVs in the Indian market create a
unique selling point.
Vermithor:Pioneering
Solar-Powered
Statement of
Mobility
unity
Our Vision:
To revolutionize the automotive industry with
innovative solutions that address the shortage of
EV charging stations.
Our Mission:
Develop a solar-powered car that enhances the
accessibility of electric transportation, enabling
seamless charging anywhere with clean,
renewable energy.
Our Commitment:
Harness the sun’s power to reduce reliance on
traditional charging infrastructure.
Drive the change toward a sustainable future with
efficient, practical electric mobility for all

Join us in creating a greener tomorrow!


Resources and Information
Market Research:
Analysis of EV adoption rates and charging infrastructure gaps.
Insights on consumer demand for sustainable transportation
options.
Solar Technology:
Studies on advancements in solar panel efficiency and integration
in automotive design.
Data on energy output and storage capabilities of solar systems.
Environmental Impact:
Research on the carbon footprint reduction from solar-powered
vehicles.
Statistics on the environmental benefits of decreased reliance on
fossil fuels.
Engineering and Design:
Collaborations with experts in automotive engineering and
renewable energy.
Information on best practices for integrating solar technology into
vehicle design.
Policy and Regulation:
Overview of current EV regulations and incentives for renewable
energy adoption.
Analysis of government initiatives supporting sustainable
transportation.
THANK YOU

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