Urban Sphere Has been Recognized As Most Innovative Startup of the Year - 2023, EV Category by Business Mint
Urban Sphere, a leading company specializing in cutting-edge and sustainable electric vehicle solutions, has established itself as a prominent player in the market. Their primary focus lies in developing innovative EVs for both personal and commercial use, with the ultimate goal of making urban mobility more accessible and environmentally friendly. Utilizing advanced technologies and eco-friendly materials, Urban Sphere's product range is designed to offer reliability, efficiency, durability, cost-effectiveness, and a strong commitment to environmental sustainability.
The CEO of Urban Sphere, Karthik Athreya, expressed his excitement and ambition for the company's future prospects during the launch of their new line-up, which includes the Vision Bn, Vision LTn, and Vision LVn models. This upcoming release marks a significant milestone for Urban Sphere, and the company is eager to explore new heights in the EV industry.
Recently, Urban Sphere and Tecchren Inc., a reputable battery technology manufacturer, announced an exceptional strategic partnership aimed at transforming the transportation landscape in the Philippines. This collaboration is set to bring about a revolutionary change, particularly in terms of sustainable urban mobility. By committing a substantial amount of $1.2 billion to the joint venture, the two companies are working towards introducing connected electric buses that align perfectly with the Philippines' Public Utility Vehicle Modernization Program.
The ambitious initiative of the Public Utility Vehicle Modernization Program targets the introduction of over 5,000 buses annually, making this partnership between Urban Sphere and Tecchren even more crucial. They have already secured a significant purchase order worth $52 million, emphasizing their dedication to fostering global business growth and their commitment to the environment through sustainable transport solutions.
As Urban Sphere and Tecchren embark on this groundbreaking endeavor, they aim to set new industry standards and inspire others to prioritize sustainable transportation options. By leveraging their expertise and resources, the two companies are eager to contribute to a greener future and drive positive change in the transportation sector. The strategic partnership signifies a significant step towards achieving their shared vision of a cleaner and more connected urban mobility ecosystem in the Philippines and beyond.