Building India's first all-electric sports car: Important update

It's a great start for us, as we have already sold some cars to our clients. This not only brings in revenue but also validates our approach and builds our reputation.

BHPian startupdaddyy recently shared this with other enthusiasts.

Building a Great Company

To build a great company and team, my focus shifted to delivering real value to the automotive world—much like Toyota does with its renowned reliability. Building a production-ready car requires years of research and development. Even with millions of dollars in funding today, it would take us until around 2026–27 to launch a production-ready model. Establishing a service network in India would take even more time.

We need something quicker. All the industry experts suggested finding a partner for aspects that don't require R&D from scratch, like chassis, body, and suspension. This way, we can focus on developing advanced batteries, motors, and other components, which we can get funding for more easily and sell to other car manufacturers.

I contacted many companies and design houses, such as Pininfarina and a few other Europeans. Somehow, I connected with Praga Cars. They offered to help design a car from scratch and build our first few prototypes. They proposed using their reliable track car, the Praga R4S, which is now owned and sold by a company named B Racing.

We flew to Germany to meet the person behind B Racing. We proposed either selling multiple cars or selling the entire company and shifting operations to India.

Here is the facelift version of the K1 attack that we acquired from them; we call this the Hyperpace Maverick.

Our plan is to build 10 prototypes: 4 for our developmental use and the remaining 6 for track use for our clients. We're focusing on track cars first because it allows us to test our components extensively before making a market debut. Additionally, it helps us avoid dealing with vehicle registration initially.

It's a great start for us, as we have already sold some cars to our clients. This not only brings in revenue but also validates our approach and builds our reputation.

My Journey of Building India's First All-Electric Sports Car: Now on YouTube!

Many of you have expressed interest in knowing more about the details and processes involved in building my electric sports car. To share my experience and knowledge with you all, I have decided to document my journey through a YouTube series.

The goal of my YouTube series is to provide a transparent, step-by-step guide on how I'm building this car, from conceptualization to the final product. I hope to inspire and educate fellow car enthusiasts and aspiring entrepreneurs through my videos.

What You Can Expect

In the series, I will cover various aspects of the car-building process, including:

• Concept and Design: How I conceptualized the design and the tools I used to bring my vision to life I will share the process which is used by the experts in the automotive industry.
• Prototyping: The trials and errors of building prototypes, including the materials and techniques that worked (and those that didn’t) and what the global automotive industry is doing.
• Challenges and Solutions: The obstacles I faced and how I overcame them, offering practical advice for similar projects.
• Meeting Industry Experts: Insights and podcasts from my meetings with industry experts
• Market Research: About the Indian market for supercars and electric vehicles, and Startups.
• Company Formation: The steps involved in building a manufacturing company from a small startup

Whether you're an automotive enthusiast, a budding entrepreneur, or someone who loves innovative projects, this series has something for you. By sharing my journey, I aim to:

• Inspire: Show that building a high-performance vehicle in India is possible with determination and creativity.
• Educate: Provide valuable knowledge and resources for those looking to embark on similar ventures.
• Connect: Create a community of like-minded individuals who can support and learn from each other.

Let's build something incredible together and put India on the map for innovative automotive engineering.

Thank you once again for your unwavering support. Together, we can push the boundaries of what's possible in the automotive world.

Cheers,

Sumeet

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