In their pursuit of pioneering sustainable innovation, Ryoto Electrix’s CEO, Sandeep Ralhan, is thoroughly committed to his ‘green vision.’ Leading the company from its early days to its current role as a frontrunner in green mobility and renewable energy solutions, Sandeep Ralhan has been a pivotal force behind its success.
In an intimate interview, Sandeep Ralhan offers a deeper look into the company’s accomplishments, hurdles, and future goals. Let’s explore the exceptional leadership that merges foresight and innovation, along with the impactful endeavors that are guiding Ryoto Electrix toward a more sustainable and greener future.
Can you describe the journey of Ryoto Electrix and its evolution in the green mobility and renewable energy sectors?
Ryoto Electrix, an innovative electric two-wheeler company, embarked on its mission to transform transportation with environmentally friendly solutions, focusing initially on electric vehicles (EVs) that offered high performance without emissions. This strategy quickly resonated, positioning the company as a leader in the green mobility industry. As Ryoto Electrix grew, it acknowledged the interconnectedness of transportation and energy consumption, prompting a move towards renewable energy solutions. By incorporating solar, wind, and other renewable sources, the company sought to develop a holistic ecosystem that not only powered its electric vehicles but also significantly contributed to reducing broader carbon footprints.
Ryoto Electrix boasts a formidable leadership team poised to revolutionize the electric vehicle industry. Led by CFO CA Ravi Jain, a seasoned finance professional with a wealth of experience, the company is anchored to his strategic financial acumen. Complementing Jain’s expertise is CTO S Dhillon, whose extensive background with Maruti Suzuki & Honda ensures innovative technological advancements. Steering the company’s sales and marketing division is Director and Co-founder Muktika Sharma. Her remarkable proficiency in cultivating and expanding dealer networks underscores Ryoto Electrix’s commitment to robust market penetration and growth. Together, this dynamic trio embodies the firm’s vision and drive for sustainable mobility solutions.
As CEO, what is your greatest achievement with Ryoto Electrix?
As CEO of Ryoto Electrix, choosing a single top achievement amid our expansive journey of innovation and growth is challenging. However, a standout accomplishment would certainly be our successful integration of advanced technology with a steadfast commitment to sustainability. Our capacity to not only develop innovative electric vehicles but also build an entire ecosystem centered on green mobility and renewable energy exemplifies our dedication to making transformative changes.
Since the beginning, Ryoto Electrix has aimed to revolutionize the transportation industry. Seeing this vision come to life and create a significant impact has been incredibly rewarding. Additionally, cultivating a culture of innovation and teamwork within our company has been crucial to our success. By encouraging our team to challenge the status quo and think inventively, we have consistently stayed at the forefront of an evolving industry.
Furthermore, our focus on establishing strategic partnerships and alliances has been vital in expanding our reach and influence. By collaborating with like-minded organizations, we have enhanced our impact and accelerated the worldwide adoption of sustainable technologies. Ultimately, our most significant achievement is our contribution towards a more sustainable future. Each electric vehicle on the road and every renewable energy solution implemented represents a step forward in combating climate change and protecting our planet for future generations. As CEO, it is profoundly fulfilling to see Ryoto Electrix leading this vital effort, as we continue to drive positive change and encourage others to join us in this mission.
What propelled the shift from the banking profession to entrepreneurship, and how did you overcome the challenges?
Transitioning from the structured environment of the banking sector to entrepreneurship was fuelled by a deep-seated desire for autonomy, impact, and the chance to pursue my passion for innovation and sustainability. While my tenure in banking equipped me with valuable experience, I felt compelled to carve my own path and contribute meaningfully to a rapidly evolving landscape.
The journey from being a banking professional to a business leader was marked by numerous challenges. Adapting to the dynamic and unpredictable nature of entrepreneurship demanded a shift in mindset, embracing ambiguity, and being comfortable with risk and uncertainty. Additionally, acquiring new skills beyond finance, such as product development and team management, required continuous learning, seeking mentorship, and surrounding myself with diverse talents.
Establishing credibility, building networks, and securing funding were formidable hurdles as well. It took perseverance, compelling storytelling, and demonstrating market potential to gain traction in the entrepreneurial ecosystem. However, through resilience, relentless focus on our vision, and a supportive team, we overcame these obstacles, learning from failures, and remaining agile to seize opportunities. Despite the challenges, the journey has been immensely rewarding. The chance to build something impactful, drive positive change, and stay true to our values has made every hurdle worthwhile.
What challenges have you faced in introducing ‘Made in India’ electric vehicles and how have you addressed them?
Launching ‘Made in India’ electric vehicles (EVs) has been a path filled with unique challenges, yet our resolve, creativity, and unwavering commitment to sustainable mobility have guided our efforts. Initially, the scarcity of adequate charging facilities was a major barrier. To overcome this, we established partnerships with government bodies and utility companies, accelerating the setup of charging stations across the country. We also expanded our network of fast-charging booths, enhancing convenience for our customers and reinforcing confidence in the adoption of EVs.
Another major hurdle was building consumer awareness and promoting the widespread use of EVs. We addressed this by launching extensive marketing and educational campaigns that highlighted the various advantages of electric mobility, such as cost-effectiveness, environmental benefits, and superior performance. Additionally, we offered incentives and subsidies to make EV purchases more appealing, sparking interest across a wider audience and propelling market expansion.
Moreover, maintaining a robust supply chain, ensuring regulatory compliance, and keeping up with technological progress were crucial. Through close collaboration with local vendors, active engagement with regulatory bodies, and significant investment in research and development, we have built a durable supply chain, adhered to regulatory standards, and stayed at the cutting edge of EV technology. Despite the challenges, we see every obstacle as a chance for growth and innovation, and we are confident in our capability to advance the shift toward a sustainable mobility future, in India and beyond.
Sustainability is a core component of your business model. What specific practices does Ryoto Electrix implement to promote sustainable development?
Sustainability lies at the heart of Ryoto Electrix’s business model, influencing every facet of our operations, products, and partnerships. Our primary focus revolves around electric mobility solutions, where we design and promote electric vehicles powered by clean energy sources, significantly reducing reliance on fossil fuels and combating air pollution. This commitment to eco-friendly transportation not only contributes to a healthier environment but also aligns with our mission to drive sustainable development.
In conjunction with our electric vehicle production, we integrate renewable energy solutions such as solar and wind power into our infrastructure. By harnessing clean energy to power our facilities, we not only reduce our carbon footprint but also demonstrate our dedication to renewable energy adoption. This dual approach of producing eco-friendly vehicles and powering our operations sustainably underscores our holistic commitment to environmental stewardship.
Furthermore, our sustainability efforts extend beyond our internal operations to encompass our supply chain, community engagement, and continuous innovation. We collaborate closely with suppliers to ensure adherence to environmental and social standards, engage with local communities to raise awareness about eco-friendly practices and invest in research and development to advance technology and drive further reductions in environmental impact. Through these comprehensive initiatives, Ryoto Electrix strives to be a leader in sustainable mobility, catalysing positive change and contributing to a greener, more sustainable future for generations to come.
How do you envision the future of electric vehicles and renewable energy in India?
The future of electric vehicles (EVs) and renewable energy in India holds tremendous promise, driven by a combination of technological advancements, favourable government policies, and growing environmental consciousness among consumers. I envision a landscape where EVs become increasingly prevalent on Indian roads, propelled by advancements in technology that make them more affordable and convenient for the average consumer. With the government’s ambitious incentives and policies aimed at promoting EV adoption, coupled with a burgeoning infrastructure for charging stations, EVs are poised to revolutionize the transportation sector and significantly reduce carbon emissions.
Renewable energy is set to play a central role in India’s quest for energy sustainability and security. The country has made significant strides in harnessing solar and wind power, with ambitious targets for expanding renewable energy capacity in the coming years. As technology continues to improve and costs decline, renewable energy sources will become increasingly competitive with traditional fossil fuels, offering a cleaner, more sustainable alternative. This transition to renewable energy not only reduces India’s dependence on imported fossil fuels but also creates new opportunities for job creation and economic growth in the renewable energy sector.
However, challenges such as intermittency, grid integration, and storage capabilities must be addressed to fully unlock the potential of renewable energy in India. Collaborative efforts between government, industry, and academia will be essential in overcoming these hurdles and realising the full benefits of a clean energy future. With concerted action and continued innovation, India is well-positioned to lead the way toward a greener, more sustainable future powered by electric vehicles and renewable energy sources.
In terms of policy, what changes would you like to see to better support the growth of electric vehicles and renewable energy in India?
To facilitate the growth of electric vehicles (EVs) and renewable energy in India, several critical policy adjustments are required. Primarily, substantial financial incentives and subsidies need to be established to boost demand for EVs. These could include tax reductions, purchase subsidies for EVs, and incentives for local manufacturing of electric vehicles. Similarly, incentives for renewable energy projects like solar and wind would promote wider adoption and investment, creating a more sustainable energy framework.
It is also essential to develop an extensive charging infrastructure to ease range anxiety and support the shift to electric vehicles. Government policies should focus on setting up charging stations in urban centers, along highways, and in public spaces. Incentives could encourage businesses to install charging stations, and regulations might require new construction projects to include EV charging amenities, enhancing accessibility and convenience for EV users.
Furthermore, increasing investment in research and development (R&D) for EV technology and renewable energy is crucial for driving innovation and reducing costs. Government-backed R&D programs could hasten the development of superior battery technologies, enhance charging efficiency, and lower the costs associated with generating renewable energy, thus advancing technological progress towards a more sustainable energy future. By implementing these policy changes, India can create a conducive environment for the widespread adoption of electric vehicles and renewable energy, spurring economic growth, reducing carbon emissions, and improving energy security.
What role will electric vehicles play in India’s goal of reducing carbon emissions in the next decade?
Electric vehicles are poised to play a pivotal role in India’s ambitious goal of reducing carbon emissions over the next decade, particularly in the transportation sector. Given that transportation is a significant contributor to India’s carbon footprint, transitioning to EVs offers a promising pathway to decarbonise this critical sector. With zero tailpipe emissions, EVs represent a cleaner and greener alternative to traditional internal combustion engine vehicles, effectively reducing air pollution and greenhouse gas emissions associated with transportation activities.
Furthermore, the integration of renewable energy sources into India’s energy mix presents a synergistic opportunity with the adoption of electric vehicles. India has been rapidly expanding its renewable energy capacity, particularly in solar and wind power. EVs can serve as a vital demand-side management tool, enabling the efficient utilisation of renewable energy by charging during periods of high generation. This integration not only maximises the utilisation of clean energy resources but also further reduces carbon emissions from the transportation sector, contributing significantly to India’s carbon reduction goals.
Moreover, supportive government policies, technological advancements, and increasing consumer awareness are expected to accelerate the adoption of EVs in India. Initiatives such as subsidies, incentives, and regulatory mandates aimed at promoting electric mobility are already gaining traction, driving consumer interest and investment in the EV market. As EV technology continues to improve and costs decline, coupled with the expansion of charging infrastructure, the adoption rate of electric vehicles is anticipated to rise, leading to substantial emission reductions and positioning India as a leader in sustainable transportation solutions.
Could you share details about any upcoming projects or initiatives that Ryoto Electrix is currently developing or planning to launch in the near future?
While I can’t provide specific details about upcoming projects or initiatives at Ryoto Electrix at the moment, I can assure you that we’re continuously exploring new avenues to enhance our offerings and serve our customers better. Our commitment to research and development drives us to seek advancements in electric mobility, renewable energy solutions, and sustainable technologies.
Staying at the forefront of industry trends and emerging technologies is a priority for us, and we’re actively working on initiatives that align with our vision of creating a more sustainable future. Whether it’s developing innovative electric vehicle technologies, expanding our renewable energy portfolio, or forging new partnerships and collaborations, we’re dedicated to pushing the boundaries of innovation.
As soon as we have concrete details to share about upcoming projects or initiatives, we’ll be sure to communicate them with our stakeholders.
How does Ryoto Electrix integrate emerging technologies like AI and IoT into its products to enhance performance and user experience?
At Ryoto Electrix, we are committed to embedding cutting-edge technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) into our products to boost both performance and user experience. Our electric vehicles and energy systems utilize AI to enhance efficiency, predict maintenance requirements, and refine performance overall. With ongoing analysis of data from onboard sensors and systems, our products are finely tuned to adapt to real-world conditions, enhancing their efficiency, reliability, and cost-effectiveness.
Our dedication to smart connectivity facilitates seamless integration between our products and external devices, platforms, and infrastructures. Our electric vehicles and energy solutions are equipped with IoT sensors and connectivity options, enabling remote monitoring, diagnostics, and control. This allows users to access real-time data, monitor energy consumption, and remotely manage charging or energy storage systems, greatly increasing convenience, control, and peace of mind.
Incorporating AI and IoT also allows us to tailor the user experience to individual preferences, behaviors, and environmental conditions. Intelligent data analysis and machine learning algorithms help our products provide customized settings, recommendations, and features specifically designed for each user’s needs. From optimizing driving modes for better efficiency to sending predictive maintenance alerts, our solutions create a personalized experience that improves user satisfaction, engagement, and loyalty. Additionally, our focus on safety and security means that AI-driven safety features and IoT-enabled security measures are in place to enhance the overall safety and reliability of our products, ensuring a secure and dependable user experience.
How has the support of your family contributed to your success as CEO of Ryoto Electrix?
The support of my family has been a cornerstone in my role as CEO of Ryoto Electrix, playing a significant role in my various successes. Their constant emotional backing has given me the strength and confidence to tackle the complexities of leadership, providing encouragement and faith in my abilities through both the tough and victorious times. Their understanding and flexibility have also been crucial, helping me maintain a healthy work-life balance that allows me to meet my professional obligations while still enjoying valuable time with loved ones, ensuring I can lead with focus, vigor, and intent.
Furthermore, my family is a continual source of inspiration and motivation, pushing me to pursue excellence and set a strong example. Their steadfast belief in my capabilities motivates me to drive Ryoto Electrix forward, giving me a profound sense of purpose and duty to make a positive impact on the world. Their advice, guidance, and shared joy in my achievements remind me of the importance of my work and reinforce my dedication to lead with integrity, vision, and commitment, highlighting the priceless role of family support in my journey as CEO.
Pic Courtesy: Pegasus Photography
