Friday, October 6, 2023

MathWorks and Altigreen Collaborate to Revolutionize Last-Mile Deliveryin India with Eco-Friendly Electric Three-Wheelers

Bangalore, 06th October, 2023: Altigreen Propulsion Labs, a pioneering Indian electric vehicle (EV), today announced its technology collaboration with MathWorks, the leading developer of mathematical computing software, sped the development of Altigreen’s flagship electric three-wheelers, called the NEEV. The company has been at the forefront of the electric three-wheeler movement in India, a country with over 6 million petrol and diesel-powered three-wheelers clogging the roads. Altigreen’s electric three-wheelers are "Made in India, made for India" and are priced to bring electric three-wheelers within reach for small business owners, independent drivers, and fleet operators. The NEEV has gained industry recognition for its performance and eco-friendliness.

Dr. Amitabh Saran, founder and CEO of Altigreen, said, “Our commitment extends to providing not just an eco- friendly solution but also a cost-effective and reliable mobility option that empowers individuals and businesses to thrive in a sustainable and prosperous future. Using MATLAB® and Simulink® enabled our teams to rapidly test ideas and iterate on new design enhancements and features. Our proactive approach of investing in simulation and clean technologies, such as electric powertrains, helped the company reduce emissions and noise and create electric three-wheelers that outperform their fossil fuel counterparts in terms of torque, power, and range.”

Altigreen initially enrolled in the MathWorks Startup Program, which provides early-stage companies with cost- effective access to MATLAB, Simulink, and more than 120 vertical applications to build their prototype and scale production. In addition, the MathWorks Startup Program also offers technical mentoring, technical support from application engineers, training options in local languages, and discounted training. Altigreen graduated from the MathWorks Startup Program and now uses Model-Based Design to reduce development time and utilize simulations with real-world test data to make the design process more iterative.

"Altigreen’s participation in the MathWorks Startup program allowed it to gain early access to our industry- standard tools and enabled the company to accelerate its product development time and scale commercially,”
commented Sunil Motwani, Country Manager, Sales & Service. “Designing a new drivetrain from scratch can take two years, but the Altigreen team’s usage of Model-Based Design enabled them to complete their last drivetrain redesign in under 13 months.”

About Altigreen:
Founded in 2013, Altigreen ( designs, engineers and produces Electric Vehicles for the last mile transportation segment. Altigreen’s Made in India / Made for India products are specifically designed for Indian environment, roads conditions and driving behaviors. Altigreen’s technology results in 3W Electric Vehicles that compete in performance with Internal Combustion Engine (ICE) vehicles. Headquartered with a factory in Bangalore, and with regional footprints across India, the company’s patent portfolio spans over 60 countries with 28 patents granted, including 6 in the US. Global awards received by Altigreen include those from WorldWide Fund for Nature, Niti Aayog, ARAI, Economic Times, Elecrama, IoTNext, IDTechEx and more. Altigreen recently raised a Rs 300 Cr investment from Sixth Sense, Xponentia, Reliance New Energy, Accurant and Momentum.

 About MathWorks:
MathWorks is the leading developer of mathematical computing software. MATLAB, the language of engineers and scientists, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a block diagram environment for simulation and Model-Based Design of multidomain and embedded engineering systems. Engineers and scientists worldwide rely on these products to accelerate the pace of discovery, innovation, and development in automotive, aerospace, communications, electronics, industrial automation, and other industries. MATLAB and Simulink are fundamental teaching and research tools in the world's top universities and learning institutions. Founded in 1984, MathWorks employs more than 6,000 people in 34 offices around the world, with headquarters in Natick, Massachusetts, USA. For additional information, visit

MATLAB and Simulink are registered trademarks of The MathWorks, Inc. See for a list of additional trademarks. Other product or brand names may be trademarks or registered trademarks of their respective holders

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