Pravaig Defy: Bengaluru-based electric vehicle startup, Pravaig Dynamics, has struck a significant deal with the Saudi Arabian Administration to establish its manufacturing plant in Saudi Arabia.
The Memorandum of Understanding (MoU) was signed with the aim of producing around one million electric cars in the country.
Alongside Saudi Arabia, the company will also manufacture electric vehicles for the United States, Gulf, and European markets, making it a prominent player in the global electric vehicle industry.
Pravaig Defy: The High-Range EV Car
Pravaig Dynamics is set to unleash its highly anticipated electric car, Pravaig Defy, which boasts an impressive range of 500 km on a single charge. The car is expected to deliver a robust power output of 402 bhp and achieve a top speed of 210 kmph, making it a formidable contender in the electric vehicle market. With a peak torque of 620 Nm, the Pravaig Defy promises an exhilarating driving experience for electric car enthusiasts.
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Advancements in Technology and Pricing
The company’s flagship model, Pravaig Defy, will be available at a competitive price of Rs 39.50 lakhs ex-showroom. This affordable pricing strategy aims to attract more consumers towards electric vehicles and contribute to the global transition to sustainable transportation. The vehicle’s construction is scheduled to commence soon, as per media reports.
Collaborative Development for Sustainable Solutions
As part of the agreement with Saudi Arabia, Pravaig Dynamics will actively engage in co-development efforts for supply and service vehicles, including AI-driven solutions, advanced battery technology, and energy storage solutions. This collaboration will drive innovation and shape the future of technology in the electric vehicle sector.
A Milestone for Indian Startups
Siddharth Bagri, the founder and CEO of Pravaig Dynamics, sees this deal as a significant milestone that allows Indian startups to showcase their cutting-edge technology on the global stage. He believes that the shared vision between the two entities will lead to groundbreaking ideas and transform the way people interact with technology, ultimately contributing to sustainable and eco-friendly mobility solutions worldwide.
