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Tesla India buys portable inverters from Noida-based startup, can be used as an electric vehicle charging station

Wednesday, 17 November 2021, 10:13 IST
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Making first of such deals in the country, Tesla India has placed an order for portable inverters with a Noida-based startup that can also be used as an electric vehicle (EV) charging station.

Oxy Neuron India Pvt Ltd said that it has bagged its first order of ‘Magic Box Smart Inverter’ from Tesla India.

The ‘Magic Box Smart Inverter’ comes in three models of 1KW, 2KW and 3KW units and starts at ₹ 25,000.

“We have received our first order of Magic Box Inverter from Tesla India. The government's support to startups is a boost for startups like ours to develop more and more innovative products,” said E.R. Ashutosh Verma, Founder of Oxy Neuron.

“The inverter is expected to solve the issue of electricity backup in rural India,” he added.

The inverter claims 15-year battery life and is an Internet of Things (IoT) device that can be managed from a mobile app.

“WE are thrilled to be part of such innovation which is on way to revamp and begin a new phase in rural India,” said Vikash Prakash from IIT Kanpur’s SIIC.
Last month, Union Minister for Roads and Highways, Nitin Gadkari, had said that he asked Elon Musk-run Tesla to come and manufacture electric cars in the country and the government will extend all support needed for the manufacturing facility.

Gadkari said, “I have told Tesla that don’t sell electric cars manufactured in China in India. You should manufacture electric cars in our country, and also export cars from India.”

In collaboration with Exalta India, Oxy Neuron India has successfully innovated oxygen, nitrogen, solar and hydrogen-based original medical and agricultural products.

Amid Chip shortage and supply constarints, Tesla’s arrival in India is set to boost local manufacturers, as it may depend on them for sourcing if local parts.