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Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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Raptee Energy Private Limited / Private Capital Markets

Raptee Energy Private Limited (2308244D IN)

<ul><li>In just five years, India’s electric-vehicle sector has surged, positioning the country to become the <a href="https://news.abplive.com/business/india-s-ev-revolution-paving-the-way-to-becoming-a-global-manufacturing-hub-1621210" target="_blank" rel="noopener">world’s largest EV market</a> by 2030.</li><li>In addition to their cost and environmental advantages, EVs also enjoy <a href="https://www.bajajallianz.com/blog/motor-insurance-articles/maximize-tax-savings-with-electric-vehicles-benefits-of-buying-an-ev.html#:~:text=EV%20Tax%20Exemption%20Section&amp;text=The%20government%20has%20introduced%20Income,lakh%20on%20the%20loan%20amount." target="_blank" rel="noopener">tax benefits</a> in India. However, despite having 3 million EVs on the road, the country hasn’t established <a href="https://www.fortuneindia.com/long-reads/what-a-mess-why-indias-ev-charging-infra-is-rotting/114028" target="_blank" rel="noopener">standardized charging protocols</a> for these vehicles.</li><li>With that in mind, <a href="https://www.raptee.com/" target="_blank" rel="noopener">Raptee</a> said it is the first Indian EV startup to opt for the Combined Charging System Type 2 connectors, or CCS2. By integrating both AC and high-power DC charging, the system expedites the charging process, particularly at Level 3 charging stations.</li></ul>

In just five years, India’s electric-vehicle sector has surged, positioning the country to become the world’s largest EV market by 2030.In addition to their cost and environmental advantages, EVs also enjoy tax benefits in India. However, despite having 3 million EVs on the road, the country hasn’t established standardized charging protocols for these vehicles.With that in mind, Raptee said it is the first Indian EV startup to opt for the Combined Charging System Type 2 connectors, or CCS2. By integrating both AC and high-power DC charging, the system expedites the charging process, particularly at Level 3 charging stations.

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