About the technology/ Product
- Imagine if your electric vehicle could receive post-purchase updates, just like your smartphone. Today's EVs lack upgradability, but with its innovative system, Mazout is changing that.
- By incorporating a secure operating system and cloud-based computations, separating hardware from software, allowing for future-proofing. This transition is similar to the shift from Nokia phones to smartphones.
- Developing specifically for 2-wheelers and open to collaboration, making the OS open source for faster development and continuous improvement.
- India has 100+ OEMs but less than 5 are making smart EVs. This innovation can target to convert the rest of them smart, connected, safe and future-proof.
- The USP revolves around the software-defined architecture, which allows the OEMs to future-proof their vehicles and also make money through software upgrades and services.
- The market potential for vehicle electronics is projected to be close to 4.1 Bn$ by 2030.
- The target customers are electric two-wheeler manufacturers who look to scale their EV products and technology, but do not have the R&D spend capability or time allocation to invest in developing their own tech stack.
TRL 3
Mazout Electric Private Limited
Founder(s)
Akhil Gupta