Prashant Shete: An Industry Stalwart With Over Two Decades Of Expertise In The Indian Electric Vehicle Segment
Prashant Shete
Director
Prashant Shete (Director, EVTRIC Motors), under his guidance, the company has been able to clock in impressive growth numbers consistently. Evolving with the changing times, Prashant is aiming to ensure that he can lead EVTRIC Motors to be a flag bearer in the Indian electric vehicle segment. He is one of the most pioneering names in the industry and he has under taken five Green Field Projects in EV including electric motorcycle, scooter, cycle, tricycle, and battery pack. This in itself showcases his business acumen and his versatility.
In an exclusive interview with CEO Insights, Prashant talks more about
his professional journey and how EVTRIC Motors is aiming to succeed in the industry.
What inspired you to join the Auto mobile Industry and what has helped you to succeed in this domain?
I was passionate about the automobile industry for a long time now and I understand the challenges that the industry can throw at you very well now. As someone who worked in the Automobile Industry for the last 24 years in some of the most well known players in the industry, I now have immense experience and expertise of the domain. I wanted to have a fresh start and so in 2018, I shifted lanes to the electric vehicles segment.
Throughout my career, I have believed that there is no alternative for hard work. One also needs to think outside the box and come up with innovations to separate yourself from the rest in the industry. You also need to be determined to improve yourself and your organization consistently and derive business strategies that will help you to elevate the business to the next level.
Can you talk more about your organization and how have you been able to separate yourself from the rest of the competitors in the industry?
In India, the electric vehicle segment is still in its infancy period and the government is taking various policies and implementing various strategies to increase its popularity in India. Many companies that are operating in the stratum, import the various technologies from foreign countries. So, we have not only been able to assemble but also manufacture the electric vehicles inhouse. We have a diverse team of expert professionals who helps us to stay ahead of the rest of the
What inspired you to join the Auto mobile Industry and what has helped you to succeed in this domain?
I was passionate about the automobile industry for a long time now and I understand the challenges that the industry can throw at you very well now. As someone who worked in the Automobile Industry for the last 24 years in some of the most well known players in the industry, I now have immense experience and expertise of the domain. I wanted to have a fresh start and so in 2018, I shifted lanes to the electric vehicles segment.
Prashant is a pioneering business leader, who is passionate to bring a positive change into the lives of ordinary Indians through electric vehicles
Throughout my career, I have believed that there is no alternative for hard work. One also needs to think outside the box and come up with innovations to separate yourself from the rest in the industry. You also need to be determined to improve yourself and your organization consistently and derive business strategies that will help you to elevate the business to the next level.
Can you talk more about your organization and how have you been able to separate yourself from the rest of the competitors in the industry?
In India, the electric vehicle segment is still in its infancy period and the government is taking various policies and implementing various strategies to increase its popularity in India. Many companies that are operating in the stratum, import the various technologies from foreign countries. So, we have not only been able to assemble but also manufacture the electric vehicles inhouse. We have a diverse team of expert professionals who helps us to stay ahead of the rest of the
competition. Through our operations We want to create electric vehicles that can cater to the needs and demands of the Indian users. Also, acknowledging the fact that India is a price sensitive market, we have made sure that all our products are competitively priced and are capable of meeting the demands of the Indian roads.
My industry experience is what helped me to come up with these successful strategies, that not only allow us to sperate ourselves from the rest but also grow from strength to strength on a daily basis.
Can you talk more about the various products that you offer?
We have two major products and they are 'EVTRIC Axis' & 'EVTRIC Ride'. The EVTRIC Axis is designed for young riders and it is equipped with LED headlamps, Robotic welding chassis and side stand sensor. It rides on 12-inch tubeless tyres with 190 mm ground clearance and it also has reverse park assist function.
The EVTRIC Ride, is more targeted at families, and it comes with more seating space. It is equipped with LED headlamps, Robotic welding chassis and side stand sensor and it rides on 12-inch tubeless tyres with 180 mm ground clearance. This also has got the reverse park assist function.
What are some of the major milestones that you had in your career and going forward, what are some of the major business opportunities that you foresee?
The fact that I can contribute to the development of the nation through electric vehicles is something that gives me great joy.As far as opportunities are concerned, I would say that the EV industry is growing and the government aims to convert all two wheelers and three wheelers into electric vehicles in the future. With that said, we lack sufficient infrastructure to achieve this. To tackle this problem, I am aiming to develop the complete EV eco system to achieve the goals of the government.
Prashant Shete, Director, EVTRIC Motors
Prashant has 24+ years of experience in Automotive Industry and contributing to the growth and development of sustainable energy leveraging traditional and modern manufacturing, engineering and technology tools.
My industry experience is what helped me to come up with these successful strategies, that not only allow us to sperate ourselves from the rest but also grow from strength to strength on a daily basis.
Can you talk more about the various products that you offer?
We have two major products and they are 'EVTRIC Axis' & 'EVTRIC Ride'. The EVTRIC Axis is designed for young riders and it is equipped with LED headlamps, Robotic welding chassis and side stand sensor. It rides on 12-inch tubeless tyres with 190 mm ground clearance and it also has reverse park assist function.
The EVTRIC Ride, is more targeted at families, and it comes with more seating space. It is equipped with LED headlamps, Robotic welding chassis and side stand sensor and it rides on 12-inch tubeless tyres with 180 mm ground clearance. This also has got the reverse park assist function.
What are some of the major milestones that you had in your career and going forward, what are some of the major business opportunities that you foresee?
The fact that I can contribute to the development of the nation through electric vehicles is something that gives me great joy.As far as opportunities are concerned, I would say that the EV industry is growing and the government aims to convert all two wheelers and three wheelers into electric vehicles in the future. With that said, we lack sufficient infrastructure to achieve this. To tackle this problem, I am aiming to develop the complete EV eco system to achieve the goals of the government.
Prashant Shete, Director, EVTRIC Motors
Prashant has 24+ years of experience in Automotive Industry and contributing to the growth and development of sustainable energy leveraging traditional and modern manufacturing, engineering and technology tools.