Inspiration
Power theft due to e-Rickshaws is the major problem prevailing in India. Around Rs 216 Crore power is stolen every year due to e-Rickshaws.
What it does
Reduces the power theft.
How I built it
We implemented a smart solution in which an electronic energy meter will be installed in all the e-Rickshaws that keeps track of the energy consumed by the rickshaw. At the end of the day, the driver has to pay for the energy consumed.
Challenges I ran into
The major challenges were to benefit all the stakeholders that are involved in our business model.
Accomplishments that I'm proud of
We have built a feasible and easily implementable solution for the power theft problem statement. The energy meter can be easily installed in all the e-Rickshaws and this will benefit all the stakeholders as well as the shareholders. Along with this, this will reduce power theft by a huge amount.
What I learned
We learnt to work on business models and work on start-up ideas
What's next for Electrified Electrons
We plan to implement our whole idea successfully and completely.
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