<ul><li>Speedloop Auto, founded by Aditya Puppala and Gayatri Jadhav, aims to create micro commercial electric vehicles for intracity deliveries.</li><li>The startup has developed two models, CROC EV and STIGER EV, which are three-wheelers with a load capacity of 100 kg/350 liters and 250 kg/500 liters respectively.</li><li>The vehicles are powered by lithium-ion batteries, have a range of 40-120 km, and feature ergonomic seats for driver comfort.</li><li>Speedloop Auto plans to start the commercial launch of its vehicles in December 2021, targeting sales of 500-600 vehicles in FY24-25 and 10,000 vehicles in the next financial year.</li></ul>

Speedloop Auto plans to rev up intracity deliveries with micro commercial EVs

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