Company Research Report: Numeros Motors
Company Overview
Name and Mission of the Company
- Name: Numeros Motors
- Mission: To create purpose-built electric vehicles for commercial applications, targeting to have 250,000 electric vehicles on the road by introducing multiple products, variants, services, and expanding their distribution network to over 250 cities in India and export markets. This initiative is termed as Mission 250.
Foundation and Key People
- Founded by: Shreyas Shibulal, who is also the current CEO.
- Key People:
- Shreyas Shibulal, Founder & CEO
- Anil Kumar M.R, Sourcing
- Anurag Lakhanlal, Intellectual Property
- Bijoy George, Chief of Staff & Program Management
- Chetan Kumar, Powertrain
- Dr. Kaushal Kumar Jha, Advisor
- Many other industry experts as advisors and leaders in various departments.
Headquarters
- Location: No specific information is available in the provided data.
Number of Employees
- Employees: Over 500 employees.
Revenue
- Revenue: No information is available.
Known For
- Specialization: Manufacturing purpose-built electric vehicles for commercial applications, focusing on the needs of micropreneurs and the gig economy.
Products
Overview of Products
Numeros Motors offers a variety of electric vehicles designed for commercial use, prominently known for durability and utility.
1. Diplos
- Description: An indigenously built vehicle specifically designed for commercial applications.
- Key Features:
- Top Speed: 63 kmph
- Gradeability: 12 degrees
- Range: 140 km in normal mode
- Dual battery system with 3.7 kWh capacity
- Water-resistant with an IP67 rating
- Charging time: 3-4 hours with a dual battery charging system
- Unique Features: Vehicle tracking, safety features, smart fleet operations, business insights, predictive maintenance.
- Variants: Two unique variants; one for fleet owners with connectivity solutions, and another for value-conscious individual riders without connectivity services.
2. Orion
- Description: No specific details provided.
3. Leo
- Description: No specific details provided.
4. Nebula
- Description: No specific details provided.
Recent Developments
Recent Developments in the Company
- Manufacturing Capabilities: A $100 million investment resulting in a 16-acre manufacturing setup and partnerships with over 150 startups.
- Leadership Initiatives: Strong leadership focused on embedding clean mobility with a focus on environment and business growth for users.
New Products Launched
- Products: Not specifically mentioned, but includes variants under the Diplos name.
New Features Added to Existing Products
- Enhanced Features on Diplos: Introduction of features like dual parallel battery systems, smart connectivity solutions, and advanced safety mechanics.
New Partnerships
- Collaborations: Micelio Mobility's MoU with NSRCEL at IIM as an e-mobility ecosystem partner to support clean mobility startups in India.
By concentrating on electric mobility that is affordable, reliable, and supports micro-businesses as well as large companies, Numeros Motors is poised to lead in transforming last-mile logistics with purpose-driven vehicles. The company is strategically expanding its manufacturing capabilities and distribution networks to serve not just the Indian market but is also aiming for international markets.
