Altigreen Propulsion Labs, a Bangalore based company, was the recipient of the Second Electric Vehicle award at the ID TechEx Show held on April 27, 2016 at Berlin. The award was titled ‘Most Significant Innovation’, and it is given to the most significant new innovation in hybrid or pure electric vehicles which also included innovations in components and systems within the vehicles. Amitabh Saran, Founder and CEO received the award on behalf of the company.
The company’s submission was titled, “HyPixi – Every Car a Hybrid” and the premise of their technology was to build an affordable solution for the developing countries who are suffing under high fuel prices and heavy tailpipe emissions.
This recognition follows another achievement in the company’s history, when they were rewarded for their hard work by getting a spot on the 20 Most Promising Automotive Tech Solutions Providers, a list compiled by CIOReview. CIOReview editorial research team analyzed over 300 companies globally that provide Automotive solutions and shortlisted companies that were at the forefront of tackling customer challenges.