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Pravaig
Pravaig is an Indian deep-tech mobility company based in Bengaluru, founded in 2011 in Jaipur, India.[1] In 2019, the Company moved to Bengaluru and established a facility at the KIADB Hi-Tech Defence and Aerospace Park.[2] HistoryPravaig Energy develops world-class batteries for use across different industries including in cars such as the Pravaig Defy.[3] Founded in India, Pravaig Energy works with global clients to decarbonise their products & supply chains with custom battery solutions. Pravaig has deep international partnerships & work with leading cell suppliers, machinery vendors, & other partners. Pravaig Energy has developed the battery management system (BMS), encapsulant, cooling architectures, & other systems in-house through rigorous iteration. Pravaig also achieved a breakthrough by exporting its energy storage systems to other countries. After releasing the Extinction MK-1, 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 defence 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 Eren Groupe, 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][14] At the G20 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.[15][16] 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.[17] Pravaig has recruited non-resident Indians and experienced professionals from companies such as Airbus, Intel, and Tesla.[18][19] 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.[20] Other VenturesIn 2024, Pravaig stated that it has built and sold technologies used in the production of Electronic Vehicles. Its initial course of action was to build Electronic Vehicles itself, however, it ventured into the production of the technologies, which are built and sold, with the returns being aimed at being used to build the Electronic Vehicles itself.[21] Pravaig also achieved significant milestones with its Veer EV, subsequent upon trials which were completed in Ladakah by the Indian Army spanning two months. The trial, which was successful, was part of the Army’s process to confirm the vehicle could be used by its Special Forces. References
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