Will Aryabhatta Motors file patents in USPTO (United States Patent & Trademark Office) and then carry them to India or Would it be filed in IPO (Indian Patent Office) and then carried over to USA?
Patents are territorial. An invention patented in US has nothing to do with India, unless one is filed in India within the timelines. Now to answer the above question:
My first patent for Aryabhatta Motors was “A personal vehicle having quick detachable modules and wireless communication between modules.”
- Latching & Locking Mechanism.
- Data communication between modules.
- Power Transfer between modules.
This was filed on 8th October, 2019. I was a resident of USA till October 2nd, 2020. When you are a resident of USA, you shall file the patent in USPTO. Patent rights are jurisdictional. Therefore, a patent granted in US is only limited to US territory. In order for that to be valid in India, I had to make another application to IPO, on 8th October, 2020
After relocating to India, and Aryabhatta Motors being an Indian Registered Company, I shall not file patents with USPTO directly. It has to first filed in IPO (Indian Patent Office), and the same to be valid in USA, we have to make another application to USPTO. Henceforth, before we get any seed funding Aryabhatta Motors will be filing all its patents in IPO (Indian Patent Office). After receiving the seed funding, we would make applications of all our patents to USA.
During the patent search, we are making sure that the current IP’s’s not only conflict in India territory, but also taking utmost care that it is valid in USA territory.
What is the fall back ideas for Aryabhatta Motors?
I aspire that Aryabhatta Motors will change the rules, forcing old school players to evolve the way two wheelers are designed, built, sold, serviced, and used. Aryabhatta Motors will not fail. It will not go bankrupt. We have plans A | B | C |D | E | F | before filing chapter 14.5 (the worst kind).
Aryabhatta Motors proposes to create a Business Unit by early 2023 to start selling our solutions to enterprises that would be interested to license your idea to OEMs / Strategic partners who shall accepts all the responsibilities involved with bringing in market. Aryabhatta Motors shall be years ahead of competitors in technology with no signs of stopping. Aryabhatta Motors shall not transfer the technology, but license the technology.
Aryabhatta Motors is making innovations at hardware level, wherein we are building our own Battery Chemistry, Hubless motor, Motor Controller, BMS. We aim to control over every aspect in the Hardware to maximize efficiency. Aryabhatta Motors aims to build the Intellectual property at the core hardware to exclude others from making, using, offering of sale and selling the invention. None of our IPs till date are related to Software. Aryabhatta Motors shall be acquired to level the playing field in patent attacks by any Major OEM for our innovation.
The crux of Aryabhatta Motors is that ready-to-assemble modules that could be assembled by the customer or technician with no tools. If the proposed technology cannot be scaled up, we still fall back to traditional approach to manufacture a luminary, luxury electric scooter can be fun, sexy, fast, and long-range at an economical price.
Aryabhatta Motors strengths lies in its innovations which focusses on transforming the auto industry with our solutions on various fronts. Everything that we do here is different in terms of technology, components, and method of manufacturing. The only thing that is similar to other companies is that our products are called scooters, but everything else is different. Integrating all the solution to form a product is just a cherry on the top, but our solutions in a standalone mode can be integrated in other products.
Aryabhatta Motors shall not cease to exist as Impossible pleases us, always.
What makes Aryabhata founder think that Indian govt is going to ban petroleum engines in the next 10 years?
2030 is very optimistic. We can safely assume that 30% – 50% of all new vehicle sales will be electric by 2030. I see policy changes happening in India around 2035 to 2040. Let me take this opportunity to present a few articles.
- United Kingdom – All new conventional petrol and diesel cars and vans are set to be banned from sale in 2030. After 2035, the only new cars and vans that can be sold will be pure electric.
- Rolls-Royce to switch to all electric vehicles by 2030
- Mini will go all-electric by 2030. Mini follows brands including Ford of Europe, Bentley, Jaguar and Volvo in unveiling plans to fully electrify their offerings.
- Volkswagen will stop selling internal-combustion-engine vehicles in Europe between 2033 and 2035.
- GM aims to have eliminated diesel and gas powertrains from its light-duty lineup.
- Mercedes-Benz prepares to go all-electric 2030.
- Ford says it will go all-electric in Europe by 2030
- The Lexus brand will sell nothing but electric vehicles by 2030 in the United States, Europe and China
- .……..
- ………
- ……… and many more automotive brands have pledged the same…
For centuries, the automotive industry has played a major role in the industrialization process of biggest economies throughout the world. The contribution of the automotive industry to the economies of the United States and major economy drivers in Europe is monumental. Automakers always anticipate scalability rather than confining to US and Europe markets, and this calls for exploring Global markets. The automakers are likely to bring their influence on the respective governments to make the influence on international forums, like Paris Agreement and UNFCCC.
The Paris Agreement is a legally binding international treaty on climate change which was adopted by 196 parties at COP21 in Paris. India has joined the Paris climate change agreement, handing over its country’s official ratification documents to the United Nations. India has also updated 2030 climate targets under Paris Agreement.
In one of the articles from pbs.org, they quote India has emerged as a leader in the energy transition in the world. India has been vocal about its position in achieving net zero emissions on various international forums and bought in a lot of international investments in India having pitched the same. It is impenetrable to see with the mind’s eye that India could backtrack on its pledges. In the worst case, if it were to happen, the western governments will use international forums to put India on the right path.
India shall lead electrification first in two-wheelers and three-wheelers. Mass Markets in India shall not be open to automakers until Government of India phases out IC Engines and go all electric. Indian businesses seek government support to meet 2030 EV target, which might drag to 2035 to 2040. I see no failures in electrification in India, but just a delayed success.
What is the competitors landscape for Aryabhatta Motors in India?
We don’t see any competitors till date in the market in terms of solution and technology that we provide. There are many startups registered to manufacture electric vehicles in India, but these are the prominent ones that have reverberated during the past few years.
Our biggest competition will not come from fellow electric scooters. It is basically from petrol and gasoline Engines. We want buyers to defect from fossil fuels and the key to this is to curtail the price of the scooter. Our new direct to Consumer automotive will allow allow us to give affordable prices on electric scooters for highest value.
The Indian two wheeler market is evolving. The Indian 2-wheeler market is close to 99% IC Engine market. This situation makes Aryabhatta Motors a competitor for the brands and models competing, looking for the same customers. Taking market shares from these competitors is the main goal of Aryabhatta Motors, since there is an absence of a strong and competitive innovative scooter. Aryabhatta Motors always believe to take the lead in innovation and future technologies to take the niche.
In the table below, I have taken the approach to value only similar companies that have same financial metrics as Aryabhatta Motors. There are just a handful of startups that have risen from the ashes of phoenix. I have excluded
- Companies that rebrand Chinese imports.
- OEMs that have acquired Startups.
- OEMs that have stupendous cash reserves.
| Company Name | Funding Type | Amount | Date |
| Ather Energy | Seed | $1 million | Nov 18th, 2014 |
| Simple Energy | Seed | $837k | Jan 2nd, 2021 |
| PUREnergy | Angel | $35 million | Jun 21st, 2019 |
| Ampere | Angel | $3.3 million | July 8th, 2015 |
What shall be Aryabhatta Motors Market share in the EV 2-Wheeler market when launched? What will be loss in the potential revenue due to the new entrant with the same caliber of Aryabhatta Motors.?
The seed funding shall compensate only product development and this shall be compensated with unique solutions at every stage of our product through intellectual property that document the value of the company, and making our way towards the goals.
With a minimum viable product in early 2024, Series A funding will allow us to substantially accelerate our efforts to reach the market in one or a couple of cities, with an online sales model coupled with company- owned stores, and build the infrastructure necessary to support the operation of those scooters. With strong achievements, We would expand our sales and customer base which becomes a tremendous challenge in addressing supply chain and logistics.
The last 2 quarters of 2024 shall be used to test waters to identify the challenges of scale up production. A steady growth of 60% increase in sales has been projected based on market research forecasts. In the first year of our sales, we shall see market size of Aryabhatta Motors being ~ 1.067%
In the graph below, the horizontal axis represents time in years, and the vertical axis shows the Sales Cash flow. The graph illustrates the sales revenue showing year over year profit/loss cash flow for an increase in sales projections. We would start seeing positive cashflow in terms of sales 2 years after being in production.
In addition to the above, Aryabhatta Motors wished to consider a the sustainable profit stream from the ecosystems apart from the scooter sales
The entrant of a new player in the market with the same capacity in terms of solution and technology as Aryabhatta Motors will imply a damage of 0.0114% in Aryabhatta Motors market share. This accounts to ~171 scooters from our annual sales. In terms of sales revenue, it translates to a loss of ~$340k.
We shall bring in marketing strategies and new innovations so that INDIANS are buying ARYABHATTA MOTORs, not EV SCOOTERS to mitigate this loss in the market share.
What is Aryabhatta Motors Roadmap?
Aryabhatta Motors will be in India automotive market before exploring any international markets. In the present day, 99% of the sales registered in India are e-Scooters compared to e-Motorcycles which is hardly 1%. In 2025, the e-Motorcycle is projected to be 10% compared to e-Scooter which still dominated 90% of the market.
Aryabhata Motors will enter the e-scooter segment, where customers are prepared to pay a premium. Our penetration in e-Scooter market will allow the technology to mature in the market, we would drive down the market as fast as possible to higher unit volume and lower prices for the other segments. Aryabhatta Motors shall be a new direct to consumer automotive brand and we shall not limit ourselves to scooters, but instill the same concept of designing and sell ready-to-assemble modules that could be assembled across other segments like motorcycle, bicycles, mopeds etc.
Aryabhatta Motors has set a vision to shift the 2-wheeler market from petrol powered to electric. Aryabhatta Motors will invest in resources from the seed investment as we want our vehicles to be remarkably different, as we want the vehicles to be high in both performance and style. Aryabhatta Motors shall focus on an identified opportunity to break the usual thinking of automotive manufacturers and make a luxury 2-wheeler that is fast, stylish and smart. Aryabhatta Motors shall be launched at the high end to create a desire and then move down to a more mass 2-wheeler option to unleash the demand.
Would we need a license to drive Aryabhatta Motor scooters?
In India, there is need no license or registration needed for 2-wheelers that have their top speed capped at 25km per hour or has a motor of 250W or lower. Aryabhatta Motors would launch their e-scooters in the High speed segment that demands license and registration to its customers .
