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Lamborghini Enters NFT World with Exclusive Space Key

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Automobili Lamborghini announces the first NFT (non-fungible token) project in the company’s history. Social media posts around the theme “To the Moon” have been hinting at it, now the space-themed artwork – the so-called Lamborghini Space Key – has been officially revealed and will soon be auctioned.

At the heart of this exclusive project, developed together with a yet undisclosed artist and limited to five units, is a piece of advanced carbon fiber composite material that Lamborghini sent to the International Space Station (ISS) in 2019 as part of a joint research project. After the return from space including all relevant tests for research purposes, the carbon fiber composite is now part of the Space Key: these materials mark yet another milestone for the company, this time as a gateway into the NFT world. Each of the five Space Keys is linked to an exclusive and purely digital artwork by the same artist through the QR code on the backside of the carbon fiber.

“Innovation is a deeply rooted part of the Lamborghini DNA,” explains Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini. “As a leading company for carbon fiber composite materials within the automotive sector we pushed boundaries two and a half years ago with the joint research project in space. Now entering the metaverse is again proof of Lamborghini always setting sail for new horizons. The NFT world has been calling to us, and we are excited about engaging with this very passionate and innovative community.”

Lamborghini enters into the NFT world in cooperation with NFT PRO™. Further details will be shared in the following days and weeks, including the name of the artist of the Space Key and digital artwork, the nature of this unique piece of art, the auction house, as well as the date and time of the auction with the link to the auction registration.

What are NFTs? 

NFTs (non-fungible tokens) are unique identifiers recorded on a distributed ledger known as Blockchain and tied to a digital asset such as pictures, videos, music, or other records (e.g. vehicle VIN numbers). Each token is unique, allowing their owners to guarantee asset authenticity, scarcity, programmability and trackability over the internet.

Who is NFT PRO™?

NFTPro™ is the number one enterprise white-label NFT solution for global brands, making NFT campaigns seamless, easily executed, and on-brand. Thanks to their enterprise-grade platform, proprietary methodology and enterprise-level support, they help global enterprises strategize, create, sell, and distribute NFT-based digital authentic assets to engage communities, drive new revenue streams, and boost cross-sales of physical products while ensuring full company control, sustainability, and global regulatory compliance.

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Ather Energy to Set-up EV Charging Grids Across The Country

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Magenta ChargeGrid signs a Memorandum of Understanding (MOU) with Ather Energy, electric scooter manufacturer, to install Ather Grid fast chargers across charging locations. These charging stations shall be managed by Magenta under the ChargeGrid platform. This partnership is one of India’ first where integrated charging across 2W, 3W and 4W will be provided at a single location. This will give Ather access to multiple locations across India and aims to collectively accelerate the pace of expansion of public charging networks and the adoption of EVs in India.

Magenta ChargeGrid is currently expanding its charging network to 35-40 cities in India with the aim to set up a network of around 11000 chargers by the end of FY23. This partnership with Magenta ChargeGrid will give Ather Grid access to premium locations across Tier I, Tier II & Tier III cities and highways in India and provide wider coverage for EV customers. These locations are strategically placed to make it easily accessible to EV owners and will also have desired electricity load availability for operations of the chargers.

Speaking on the association, Mr. Maxson Lewis, Founder and Managing Director, Magenta said, “At Magenta ChargeGrid, we strive to accelerate the EV adoption in the country by creating an end-to-end EV ecosystem. This collaborative approach with Ather Energy, shall further our vision and allow consumers to access network of smart and safe charging stations across the country and encourage a seamless EV adoption. This partnership approach will not just help Ather and other OEM players to rapidly scale their network but also help them to optimize the investment required.”

Nilay Chandra, VP-Charging Infrastructure and Marketing, said “We understand that the growth and expansion of reliable charging infrastructure is critical to facilitate the adoption of EVs in India. The charging infrastructure category is fast evolving, and we understand that collaboration with other charge point operators at this stage will help the industry grow at an exponential scale. Our partnership with Magenta is another step towards building this industry collaboration. It will bring increased convenience by setting up AtherGrids at hubs strategically identified by them. We will continue to lead the shaping of this industry with strategic partnerships on locations, connector standard collaborations, and working with the government on policy formulation.”

Magenta ChargeGrid has formed alliances with prominent DISCOMs across the country such as BSES, BESCOM and other key discoms with the goal of establishing a stronger EV charging ecosystem. The firm is also collaborating with multiple corporations in India with present association with bodies like Indore Municipal Corporation, Ahmedabad Municipal Corporation, Navi Mumbai Municipal Corporation and Bengaluru Metropolitan Transport Corporation. This is in addition to our ongoing strategic tie-ups with key hotel chains such as Fern, IBIS, amongst others, to build EV charging infrastructure within cities and on highways.

Since 2018, Magenta ChargeGrid has been developing EV solutions which are ‘Made in India and made for Indian weather conditions and usage. Under the three business verticals, (Magenta ChargeGrid chargers as a product, charging as a service (ChargeGrid) and eMobility (EVET), Magenta ChargeGrid provides integrated solutions to develop the whole EV ecosystem.

The company has been investing in strategic partnerships to alleviate range anxiety and increase EV adoption in the country.  Ather has partnered with charging operators like Zeon Charging and retail partners like Decathlon, Cafe Coffee Day, Blue Tokai etc and 15 other brands.

Since its inception, Ather Energy has actively focussed on building a fast-charging network – Ather Grid and has also released its IP for the charging connector to all OEMs. Currently, Ather has installed around 330+ fast-charging Ather Grid Points across 35 cities in the country. One can charge up to 80% at 1.5 km/min at Ather’s fast charging Grid. In the next 3 years, Ather plans to install 5,000 fast chargers across India, and these strategic partnerships are progressive steps towards the goal.

Ather Energy has expanded its retail footprint across key cities in India and is currently present in 31 cities with 36 retail stores. Over the next three years, Ather plans to increase its annual production capacity to one million scooters from four lakhs by the end of 2022, develop new products and increase its network to 600 stores.

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Greta Electric Scooters Opens New Manufacturing Unit at Faridabad

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Greta Electric Scooters announced the setting up of a manufacturing unit at Faridabad. This move aims to expand its footprint in the Northern Indian market and is in response cater to the growing demand of electric vehicles.

The proximity to the National Capital Region and excellent access to the Northern Belt made Faridabad the destination of choice. This move will help reduce both cost & time to get products out to the market in the region.

The manufacturing facility with a capacity of producing 30,000 units annually will manufacture all models of Greta Electric Scooters.

With this move now Greta Electric Scooters will be able to reach its dealerships in 15-20 days across the region.

An elated Raj Mehta, Founder of Greta Electric Scooters, said, “Very excited with the new manufacturing facility in Faridabad. It is yet another step in being more accessible to our customers. This marks our unrelenting commitment to a greener world, with a commute that does not harm the environment. We plan to initiate an education drive to get more and more people to go the EV route, our small contribution to the GOI’s pledge to be zero-emission by 2030. We intend to look at local talent to fill vacancies that our expansion drive opens up.” 

Greta Electric Scooters distinguish themselves by offering best-in-class comfort and superior performance with mileage in the range of 100 km per charge. All four models come with DRL, EBS, reverse mode, ATA System, smart shift, Digital instrument cluster display, keyless start, disc brakes and anti-theft alarm. Greta Electric Scooters come in attractive colours and light designer consoles with extra-large storage space.

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Matter Launches Energy 1.0, Active Liquid-cooled 2-Wheeler EV Battery Pack

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Matter is glad to unveil the Matter Energy 1.0 battery pack with unique core characteristics such as an Integrated Intelligent Thermal Management System and a Super Smart Battery Management System. The battery pack is developed with future mobility in mind, enabling greater range while guaranteeing vehicle safety. Matter has always focused on technology, research, and innovation emphasizing safety, security, reliability, and performance, and has developed the battery pack with Indian environmental and usage conditions in mind. 

Battery pack’s salient features:

●            High power density

●            Battery Pack with IP67 rating

●            Super Smart BMS for optimal system efficiency, security, and reliability

●            Sensor systems are used to guarantee optimal battery performance

●            Integrated Intelligent Thermal Management System

●            High Voltage Energy Pack for performance 2 Wheelers

Mohal Lalbhai, Founder and CEO, Matter said that “as the safety and performance of battery-powered electric vehicles are integral to their viability and acceptability, Matter has developed a highly purpose-built battery pack that will meet the needs of the E2w industry. For electric vehicles to become mainstream it is pivotal that we focus on the product development cycle that is simulation intensive, thoroughly tested, and validated for reliability and safety.  This approach is very important to be considered while designing and developing the battery pack. Matter Energy 1.0, a breakthrough futuristic battery pack  is fully charged and ready to power the EV 2W   landscape in India”

The battery casing is built of lightweight metal which is also thermally conductive when compared to other materials. Matter has prioritized the safety, battery life, and performance of the pack, and the Integrated Intelligent Thermal Management System (IITMS) used in the battery pack is an active liquid cooling system that ensures the optimum performance of all constituents of the pack.

India, being the home to an extraordinary variety of climatic conditions and geographies, our technology needs to be resilient to the diversity that our country has to offer. What distinguishes us is our analysis-driven product development strategy and continuous innovation, which includes the Battery Pack Technology, Battery Management System (BMS), and the Integrated Intelligent Thermal management System, which have been designed and built with the heterogeneity of our country in consideration. Matter Energy 1.0 has been developed in-house with key innovations over the last few years including super-smart BMS that has been developed to specifically ensure a high level of safety, security, reliability, and performance.

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