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    Afleq Automotive Private Limited

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    Saiganesh Jayakaran
    Afleq is developing an all-purpose, multi-utility electric two-wheeler to address problems with existing vehicles including limited usage scenarios and lack of universal charging. Their vehicle will have features like high torque for steep slopes, onboard charging, and fire suppression. It will target micro/small businesses and lower-income customers. Afleq is currently prototyping and plans to approach customers through B2B/B2C marketing and EV exhibitions. They are seeking a 605,000 grant in two installments to fund development through testing and certification.

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    Afleq Automotive Private Limited

    Uploaded by

    Saiganesh Jayakaran
    37 views15 pages
    Afleq is developing an all-purpose, multi-utility electric two-wheeler to address problems with existing vehicles including limited usage scenarios and lack of universal charging. Their vehicle will have features like high torque for steep slopes, onboard charging, and fire suppression. It will target micro/small businesses and lower-income customers. Afleq is currently prototyping and plans to approach customers through B2B/B2C marketing and EV exhibitions. They are seeking a 605,000 grant in two installments to fund development through testing and certification.

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    Afleq is developing an all-purpose, multi-utility electric two-wheeler to address problems with existing vehicles including limited usage scenarios and lack of universal charging. Their vehicle will have features like high torque for steep slopes, onboard charging, and fire suppression. It will target micro/small businesses and lower-income customers. Afleq is currently prototyping and plans to approach customers through B2B/B2C marketing and EV exhibitions. They are seeking a 605,000 grant in two installments to fund development through testing and certification.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    37 views15 pages

    Afleq Automotive Private Limited

    Uploaded by

    Saiganesh Jayakaran
    Afleq is developing an all-purpose, multi-utility electric two-wheeler to address problems with existing vehicles including limited usage scenarios and lack of universal charging. Their vehicle will have features like high torque for steep slopes, onboard charging, and fire suppression. It will target micro/small businesses and lower-income customers. Afleq is currently prototyping and plans to approach customers through B2B/B2C marketing and EV exhibitions. They are seeking a 605,000 grant in two installments to fund development through testing and certification.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 15

    Feel The Power.

    Feel The Electric

    Afleq Multi Utility Two Wheeler

    CIN: U34102TN2020PTC139956
    StartupIndia DPIIT Certificate: DIPP82435
    StartupTN ID: STUPTN714141
    EXPLAIN THE PROBLEM YOU ARE SOLVING
    • Describe the pain point you are alleviating
    1. Multi usage
    2. Carrying high pay-load
    3. No universal charging Ecosystem
    • Show how your customers are impacted by the problem

    Source 1, Source 2, Source 3, Source 4 & Source 5


    TARGET MARKET

    • What is the size of your market? Capture data points from credible sources
    and mention them as sources on your presentation
    1. In 2019, about 152.0 thousand electric scooters and motorcycles were sold.
    2. Predicted sales volume will reach 1,080.5 thousand units by end of 2025, with a
    CAGR of 57.9% during 2020–2025.
    • Your ideal customer and niche
    Business Category: Micro & Small business; Demographic: Age: Above 18;
    Social Class: working-class, below middle class & middle class

    Source 1, Source 2, Source 3


    YOUR PRODUCT/SERVICE
    • Overview of your product/service:
    An all purpose all region multi utility electric two wheeler.
    • Describe how the solution can address the problems that you have outlined
    1. High torque transmission: Using Afleq designed transmission to overcome high
    gradient angle roads or slope.
    2. Plug it anywhere: Using an onboard charging system.
    3. Fire Suppression system: A caution measure to suppress electrochemistry defect fire.
    4. Building vehicle into modular to minimize the cost and focusing the usage of vehicle
    as per customer wish
    • If possible, use real life examples to detail the solution to the problem
    1. EV cargo scooter with loaded weight approx. 120kgs was not able to climb a 40deg
    slope road. By implementing Afleq high torque gearbox, it can move over gradient road hassle-
    free.
    2. Its visible while traveling, most of the EV two wheeler owners seems to be towing
    their vehicle due to drained battery and can’t charge anywhere due to unpack able charger.
    Having an onboard charger, plug it anywhere and be unstoppable.
    3. When we were testing stress test on our 1850 Li-Ion battery pack, It fire up twice.
    As battery OEM manufactures can’t guarantee of battery electrochemistry fault in future. By
    implementing a caution system to suppress the fire will help the vehicle and customer stay
    safe.
    • Your value to the customers: High torque and efficient cargo electric two wheeler
    • Your Unique Selling Point (USP): High payload capacity, Move over steep slope,
    customizable motor power, Plug it anywhere, Being modular.
    • Any Patents/IP you have:
    1.Cone clutch synchronizer shifter with friction pads for two-speed planetary gearbox
    designed for inner rotary brushless direct current motor used in electric two-wheeler.
    • Stage of your product/service (ideation, validation, early traction, scaling, etc.)
    Prototyping Stage
    • Images, schematics, flowcharts and diagrams
    COMPETITIVE LANDSCAPE

    • Who are your competitors (direct and indirect)?


    Direct: Okinawa, Hcd India, Zypp electric
    Indirect: Revamp Moto, Dispatch Electric
    • How are your better than these competitors and what is unique in your
    approach?
    High payload capacity, Fire suppression system, On-board Charging system, Modular
    approach
    MARKET VALIDATION

    • Furnish highlights from any survey conducted to show interest of users


    REVENUE MODEL

    • Specify a framework for generating financial income


    Transaction based model

    • Identify different sources and channels of revenue


    Sources : Asset sales and services fee
    Channel of Revenue: Direct distribution channel
    MARKET STRATEGY

    • Specify how are/will you approach your target customer with your product/service
    1. B2B and B2C marketing
    2. Digital platform marketing
    3. EV Exhibitions
    • Highlight the uniqueness of your strategy when compared to your competitors
    1. Real life challenge oriented marketing
    2. Backpackers/Travelers cum influencer
    TEAM

    1. Sanjeeth Kumar S 2. Arun Krishna


    B.E Mechanical Engineering B.E Mechanical Engineering
    Experience: 5+ years Experience: 8.5+ years
    Chassis, Strategy and Transmission Chassis, Analysis and Assembly

    3. Farvez Farook 4. Arun Das


    M.Tech Mechatronics B.E Mechanical Engineering
    Experience: 3+ years Experience: 1.5+ years
    Electrical System, BMS, Transmission BMS, Battery Packing

    5. Dhanraj Sundaram
    B.E Mechanical Engineering
    Experience: 1.6 years
    Strategy, Transmission, Battery Packing
    FUND REQUIREMENT AND DEPLOYMENT PLAN

    • Quantum of fund required: 6,05,000


    • Type of fund required: Grant
    • Instalment-wise Fund requirement: 2 Installments
    Breakup of fund deployment
    Stages Funding Timeline
    Chassis Fabrication 45400 1/11/2022 – 23/11/2022
    Gearbox & housing Development 96900 8/11/2022 – 23/01/2023
    BMS & Housing Development 162410 29/11/2022 – 03/02/2023
    Vehicle Control Unit 7200 02/02/2022 – 11/03/2023

    Instrument Cluster 3600 21/03/2023 – 17/04/2023


    Inverter/ motor controller 29000 20/11/2022 – 29/12/2022
    Outsourcing 56600
    On-board Charger development and optimization 11000 28/04/2023 – 21/05/2023
    Fire Suppression System 5400 03/02/2023 – 19/02/2023

    Equipment 35000
    Test/Rigs 132500
    Aesthetics 18000 09/06/2023 – 03/07/2023
    ANNEXURE

    • Links to your startups website, social media


    Website: https://afleq.com

    • Awards, recognitions by govt. or any other significant mentions


    1. DPIIT Recognition: DIPP82435
    2. Incubated in Vel Tech TBI
    3. Start-up TN recognition (STUPTN714141)

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