The SHADO Group is a Singapore- and India-based company that aims to drive the widespread adoption of electric vehicles in emerging markets. The company focuses on providing low voltage-high performance technology and instant-charging infrastructure for electric vehicles. Recognizing the need for pollution-free electric vehicle solutions in congested cities of India, Southeast Asia, and Africa, SHADO Group aims to offer robust, affordable, and effective electric vehicle options to address the lack of space, infrastructure, and reliable technology in these regions.
One significant aspect of SHADO Group's technology is its ability to charge electric vehicles in minutes, which sets it apart as the only company in Asia providing such capabilities. The company's "low-voltage high performance" powertrain with multispeed capabilities and instantly-charged, longer-lasting Ultracapacitor power storage offers innovative solutions for commercial electric vehicle users. Additionally, SHADO Group addresses the infrastructure challenge by creating mobile "Powerbanks" and fixed charging stations attached to existing infrastructure, aiming to knit together a city-wide charging infrastructure to encourage mass electric vehicle adoption by consumers.
With a focus on working with businesses, SHADO Group seeks to lay the groundwork for the mass adoption of electric vehicles by creating a reliable and widespread charging infrastructure in cities. The company was founded in 2014 and operates in the Transportation industry with its headquarters in Singapore. Its most recent investment was a $1.00M Seed Round investment on 26 March 2019.
For more information, please visit: www.shadoev.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $1.00M | - | 26 Mar 2019 | |
Seed Round | $3.90M | - | 01 Mar 2015 |
No recent news or press coverage available for The SHADO Group.