EVLN: (lauretimotors.com pr) DionX e-SUV trip.in r:540km

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EVLN: (lauretimotors.com pr) DionX e-SUV trip.in r:540km

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Laureti to drive in electric-SUV DionX in India to give mobility solutions
January 06 2019  Press Trust of India

 type2/l2 charging

The company is also in the process of investing $ 370 million to set up a
manufacturing facility at Puducherry ...

New Delhi  London-based Laureti Automotive Corporation [
] plans to drive in an electric SUV, DionX, in India in 2021 as part of its
plans to provide clean mobility solutions in the country.

The company is also in the process of investing $ 370 million (around Rs
2,577 crore) to set up a manufacturing facility at Puducherry with an
initial capacity of 10,000 vehicles per annum which could be scaled up to
20,000 units by 2023.

The DionX and its components will be manufactured and assembled at the

"This facility is scheduled to commence operations in the third quarter of
2021," Laureti Automotive Corporation CEO Marcus Paleti told PTI.

The model, which company claims to have a range of 540 km on a single
charge, would be launched simultaneously in European and Indian markets in
2021, he added.

"The state government (Puducherry) has been proactively assisting us over
the past 14 months to set up the facility, that ensues an investment of $
370 million," Paleti said.

When asked about the estimated price range of DionX in India, Paleti said
the model would be launched in two trims with cost hovering in the range of
Rs 40 lakh.

Paleti added that the model would be able to do 0-100 kmph in 5.4 seconds
and would also have an advanced artificial intelligence integration for
optimal performance and safety assist.

In order to prove 540 km range of the vehicle in the country, Laureti is
scheduled to undertake an endurance test in August this year. As per the
initiative, the car would move across 6,000 km in less than 12 charge
cycles, from Leh (Jammu & Kashmir) to Chennai (Tamil Nadu), covering various
other cities on the way.

The company, which is funded by a small group of investors, also plans to
bring in its patented charging systems including home chargers in
coordination with the central and state governments in India to achieve a
target of 1 lakh charging points nationwide.

"The Indian market is on the cusp of transition, which has been facilitated
by the growing need for clean mobility. This encourages us and others in the
industry to find solutions to the key problems, that facilitates India's
growth trajectory," Paleti added.

Currently, a major portion of Laureti's operations, including design, R&D,
and prototyping are undertaken in the UK and Spain.
[© business-standard.com]

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