MOOEV Technologies

Overview

MOOEV Technologies is a private company focused on the electrification and management of commercial vehicle fleets, with solutions primarily centering around battery management systems. Founded on March 8, 2021, the company is based in Chennai, Tamil Nadu, India. It was established by Ennarasu Karunesan, Raghavendra Mysore, and Ramesh Kumar VG. As of its founding, the company's authorized share capital was set at ₹1,200,000. While details on specific funding rounds aren’t available, MOOEV Technologies continues to operate within the niche of supporting transport activities.

Recent Developments

  • December 2023: MOOEV Technologies expanded its operations across South India, focusing on integrating its battery management system with regional heavy-duty freight operators. This expansion aims to enhance the efficiency of electric freight vehicles by optimizing battery use.
  • June 2023: The company participated in a government initiative aimed at boosting electric vehicle infrastructure, receiving recognition for its innovative approach to fleet management.
  • January 2023: MOOEV Technologies reported advancements in its battery lifecycle management technology. This involves a comprehensive system that monitors charging and discharging cycles, allowing for predictive maintenance and efficiency improvements.
  • October 2022: Introduced a new version of its fleet management software, which included features for real-time data analytics and improved user interface for fleet operators. This software integrated AI-driven insights for better route planning and energy consumption forecasts.

Company Information

AttributeInformation
Founding DateMarch 8, 2021
HeadquartersChennai, Tamil Nadu, India
FoundersEnnarasu Karunesan, Raghavendra Mysore, Ramesh Kumar VG
RevenueNot publicly available
ProfitsNot publicly available
Key InvestorsNone reported
IndustryBattery Management Systems, Fleet Electrification
Number of EmployeesNot publicly available

Early History

MOOEV Technologies was established to address critical challenges in the commercialization of electrified heavy-duty vehicles in India. The founding team, consisting of industry veterans in cleantech and transportation, identified battery management as a pivotal area for improving the feasibility of electric transport. Initially, the company set out to develop solutions that extend battery life and optimize energy usage across fleets. Its focus was to create an impact in the logistics and transport sectors by offering a holistic system engineering approach.

Company Profile and Achievements

MOOEV Technologies operates on a business model that integrates advanced battery management solutions with fleet monitoring systems, aiming to optimize the lifecycle and performance of electric vehicle batteries. The company's achievements include:

  • Battery Management System (BMS) Integration: Developed a proprietary BMS that optimizes the charging and discharging cycles, increasing efficiency and longevity of batteries.
  • Fleet Management Solutions: Provides comprehensive solutions for the logistical management of electric vehicle fleets, which include real-time monitoring and predictive maintenance capabilities.
  • Recognition by DPIIT: Recognized as a Startup India participant by the Department for Promotion of Industry and Internal Trade, underscoring its innovative approach in the transportation sector.

Current Operations and Market Position

MOOEV Technologies aims to be a leader in the electrification of transport fleets in India. Its operations involve providing advanced battery solutions and integrating these technologies with existing fleet systems for better energy management. The company holds a strategic position in the market due to its unique technology offerings and focus on specific industry needs, such as heavy-duty transportation and short-haul logistics.

Conclusion

MOOEV Technologies has set a strong foothold in the Indian market for electric vehicle management systems by leveraging its expertise in battery management and fleet optimization. The company’s approach stands out in its aim to improve energy efficiency and operational reliability of commercial electric fleets. Looking forward, MOOEV Technologies is poised to further impact the transport industry as India advances in its electrification goals, contributing significantly to sustainable and efficient vehicular operations.

References

  1. MOOEV Technologies Official Website
  2. Company Registration Details
  3. Tracxn Report on MOOEV Technologies
  4. The Company Check - MOOEV Technologies
  5. MOOEV Technologies on Tofler