iCreate, the renowned innovation-based startup incubator, has announced the launch of the third edition of its electric vehicle innovation challenge, EVangelise 23. The initiative aims to identify and nurture startups that can address the real-life challenges faced by the electric vehicle (EV) ecosystem by developing indigenous solutions.
This year, the primary focus of EVangelise 23 is to seek out startups capable of creating EV components specifically designed for four-wheelers, as well as heavy-duty mining and construction vehicles such as mining trucks, earthmovers, and crawler drill machines. By concentrating on these critical areas, iCreate aims to contribute to the advancement of EV technology across a broader range of applications.
Avinash Punekar, the CEO of iCreate, expressed the significance of this year’s challenge, emphasizing the importance of developing solutions for the EV sector. He stated, “With the increasing adoption of EVs in various industries, it is crucial to address the specific needs of four-wheelers and heavy-duty vehicles used in mining and construction. By identifying startups that can provide innovative solutions in these domains, we can contribute to the growth and sustainability of the EV ecosystem.”
iCreate, supported by the state government, operates an innovation-focused startup incubator located near the city. The organization has been instrumental in fostering entrepreneurship and technological advancements in various sectors, including clean energy and mobility. EVangelise 23 represents a strategic step in their mission to encourage the development of indigenous EV solutions and support emerging startups in the process.
Startups participating in EVangelise 23 will have the opportunity to showcase their technological prowess and innovative ideas. Through this challenge, iCreate aims to identify and nurture promising ventures, providing them with a platform to showcase their potential and secure support for further growth.
By focusing on the development of EV components for four-wheelers and heavy-duty vehicles, iCreate aims to bridge existing gaps in the market and enable the evolution of EV technology across diverse industries. The initiative aligns with the global push towards sustainable transportation and reinforces the importance of indigenous solutions in addressing the challenges of the EV ecosystem.
EVangelise 23 is set to attract entrepreneurs, engineers, and innovators who are passionate about transforming the future of mobility. With iCreate’s support and mentorship, these startups have the opportunity to contribute to the advancement of EV technology, promoting sustainable and environmentally friendly transportation solutions.
As the electric vehicle revolution continues to gain momentum worldwide, initiatives like EVangelise 23 play a crucial role in fostering innovation and accelerating the transition towards a greener future. By nurturing startups that develop indigenous EV solutions, iCreate is actively contributing to the growth and success of the EV ecosystem while addressing the specific challenges faced by the four-wheeler and heavy-duty vehicle segments.
