Proposed Electric Vehicles Project

Novatica Capital is planning to set up Project which is cost effective E-scooters, Electric mini Cars, Electric Vans, etc.

• E‑scooters, or electric kick scooters, are compact, stand‑up vehicles powered by electric motors—typically wheel‑hub units—and propelled via a throttle. Riders stand on a platform (deck) and steer with handlebars.
  These devices are classified under “micromobility” and have become popular in dockless, app‑based scooter‑sharing systems in cities worldwide  

1. 

Emission‑Free Operation

• No tailpipe emissions during use, offering a greener alternative to cars or motorcycles  .
• Quiet motors also reduce noise pollution—making urban areas more pleasant .

2. 

Cost Effective

• Cheaper to operate than cars or public transit, with low maintenance and no need for fuel .
• Some models cost between US $200–$1000, offering a budget-friendly entry point .

3. 

Convenience & Mobility

• Excellent for short trips—like from transit stops to home or errands—thanks to their nimble nature .
• Folding designs allow easy storage and portability—much more manageable than cars or bikes .

4. 

Low Barrier to Entry

• No driver’s license required in most places .
• Simple to ride—few controls and minimal training needed .

5. 

Pleasure of Riding

• Many users find riding e‑scooters “fun” and liberating—adds to their appeal .

6. 

Helps Decongest Traffic

• By replacing short car trips, e‑scooters help reduce urban congestion and complement transit networks .

E-mini‑cars, also known as microcars, low-speed vehicles (LSVs), or quadricycles, are small electric vehicles designed for urban mobility. They typically feature:

• Compact dimensions—great for tight parking and city streets
• Limited speed and range, tuned for short urban journeys
• Affordable pricing, often significantly less than conventional EVs
• Simplified design, sometimes with motorcycle-like mechanics or even front-opening doors  

E-vans are rapidly transforming from niche to indispensable—for deliveries, commercial fleets, campers, and urban logistics. With ranges reaching 300+ km, improved fast-charging infrastructure, and a wider array of models and price points, adoption is accelerating.