Pravaig Explained

Pravaig is an Indian deep-tech mobility company based in Bengaluru. It was founded in 2011 in Jaipur, India.[1] Over the years, the company has developed numerous prototypes, including a Dakar Rally-style vehicle built to FIA Group T1 regulations.[2] In 2019, Pravaig moved to Bengaluru and established a facility at the KIADB Hi-Tech Defence and Aerospace Park.[3]

After releasing the Extinction MK-1 and Extinction MK-II prototypes, Pravaig unveiled the DEFY and the VEER in New Delhi in November 2022.[4] [5] [6] The DEFY is an SUV with a range of 500km, powered by dual motors that generate more than 600 Nm of torque.[7] The interiors of the DEFY are lined with sustainable fabrics made from recycled materials, such as PET, and feature vegan leather upholstery.[8] The VEER, an SUV designed for defense forces, includes features such as a thermal imaging sensor, airlift hooks, a winch, and a tow hitch.[9]

Pravaig provides energy storage solutions (ESS) and Field Pack batteries to clients, including the French renewable energy company, solar farms in Greece, and combat forces in Europe.[10] [11] [12] Speculation about a potential collaboration with Renault arose after an article featured a Renault Kiger vehicle with a red number plate at Pravaig’s headquarters, suggesting that the company might be working with Renault on its electrification efforts.[13]

At the G20 Young Entrepreneurs Alliance Summit in New Delhi in July 2023, Pravaig signed a Memorandum of Understanding (MoU) with the Saudi India Venture Studio to manufacture electric vehicles in Saudi Arabia.[14] [15] The company has also expanded into lifestyle products, launching AI-designed cufflinks inspired by Indian heritage, such as those commemorating the Kedarnath Mandir and Ram Mandir.[16]

Pravaig has recruited non-resident Indians and experienced professionals from companies such as Airbus, Intel, and Tesla.[17] [18] In May 2024, following Tesla's rescinding of offers extended to interns, Pravaig offered to interview these interns to explore opportunities for them within the company.[19]

Notes and References

  1. Web site: Merchant . Akbar . Pravaig Defy electric SUV launched at Rs 39.5 lakh . 2024-06-10 . Autocar India . en.
  2. Web site: Pravaig Extinction review, test drive - Introduction . 2024-06-10 . Autocar India . en.
  3. Web site: Pravaig Extinction MK-II: Green, mean and soon to be seen . 2024-06-10 . Autocar Professional . en.
  4. Web site: Pravaig Extinction MK-II: Green, mean and soon to be seen . 2024-06-30 . Autocar Professional . en.
  5. News: 2022-11-25 . Pravaig launches electric SUV Defy at Rs 39.5 lakh; deliveries to begin next year . 2024-06-10 . The Economic Times . 0013-0389.
  6. Web site: Events by Pravaig . 2024-06-10 . www.pravaig.com.
  7. News: 2022-11-25 . Pravaig Defy EV launched at Rs 39.5 lakh: Made-in-India electric SUV with 500 km range . 2024-06-10 . The Times of India . 0971-8257.
  8. Web site: Pravaig Dynamics launches electric SUV with 500km range at Rs 39.5 lakh . 2024-06-10 . Autocar Professional . en.
  9. Web site: 2023-01-12 . Pravaig Veer EV for Indian Army Debuts at Auto Expo 2023: Design, Features, Range and More . 2024-06-10 . News18 . en.
  10. Web site: Former Tesla engineer-designed battery at Bengaluru startup gets European order - ET EnergyWorld . 2024-06-10 . ETEnergyworld.com . en.
  11. News: 2024-02-20 . Pravaig Dynamics secures deal to export energy storage systems to Greece's solar farms: Details . 2024-06-10 . The Times of India . 0971-8257.
  12. News: 2022-05-15 . Bengaluru-based startup Pravaig to supply batteries for European forces . 2024-06-10 . The Times of India . 0971-8257.
  13. Web site: Barretto . Sergius . Renault Kiger EV spotted at Pravaig plant . 2024-06-10 . Autocar India . en.
  14. Web site: 2023-08-01 . Saudi, Indian techpreneurs join hands to develop innovation ecosystem . 2024-06-30 . Arab News . en.
  15. News: 2023-07-19 . Bengaluru-based EV startup Pravaig Dynamics signs pact for EV plant in Saudi . 2024-06-30 . The Economic Times . 0013-0389.
  16. Web site: Pravaig strengthens its product portfolio with the introduction of Ram Mandir inspired cufflinks . 2024-06-30 . infashionbusiness.com . en.
  17. Web site: Pravaig Extinction MK-II: Green, mean and soon to be seen . 2024-06-10 . Autocar Professional . en.
  18. News: 2022-04-10 . Former Tesla engineer-designed battery at Bengaluru startup gets European order . 2024-06-10 . The Economic Times . 0013-0389.
  19. Web site: Indian EV startup makes offer to interns spurned by Elon Musk - ETHRWorld . 2024-06-10 . ETHRWorld.com . en.

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