EV startup Pravaig Inks a deal of Exporting EV Batteries to Greece


EV startup Pravaig Inks a deal of Exporting EV Batteries to Greece

Bengaluru based EV startup Pravaig has won a deal to export its energy storage systems for solar farms in Greece. Pravaig is a prominent manufacturers high precision batteries for its EVs, and now it is planning to sell 20 MwH batteries as part of the Greece deal. The batteries are priced at 39.5 lakh, Defy EV has a range of 500km with a top speed of 210 kmph top speed.

In an official statement the company said, “Pravaig Dynamics has successfully closed a deal to export its first batch of energy storage systems for solar farms to Greece. This ground-breaking export not only marks India's entry into the global market for solar farm storage solutions but also signifies a significant stride in international economic cooperation."

Presently, their order size is small, but there are hopeful about larger subsequent contracts. The company has inked an MoU with Saudi Arabia to build a manufacturing plant to produce left-hand drive EVs for the Gulf and European region as well as the US. In the latest Greece deal, the company will be offering batteries with a capacity of 20 MwH.

Siddhartha Bagri, CEO of Pravaig Dynamics India, said, "This export represents a crucial turning point for India in the realm of renewable energy and international diplomacy. By demonstrating our capabilities in designing and manufacturing cutting-edge technology for solar farm storage solutions, we are not only promoting sustainable energy practices but also strengthening diplomatic ties with countries like Greece."

Surely, Pravaig Dynamics is India's pioneering efforts have positioned the nation as a strategic partner in the global transition towards sustainable energy solutions. This milestone bridges the gap and will create deeper cooperation and mutually beneficial partnerships between India and nations across the globe.  The Made-in-India products and designs will broaden the way for India to be one of the leader in sustainable energy fostering global economic and diplomatic initiatives.