The e-plane company: Will India's first air taxi be electric?

The ePlane Company team

While much of the EV action is on the ground, the human fascination for flying has not left the sector untouched. Some small electric aircraft are already being commercialised in the advanced economies, but startups in India aren’t too far behind. ePlane Company, a venture incubated out of Indian Institute of Technology Madras (IIT-M), is developing what the founders hope will be among the first air taxis in the country, as well as cargo transport aircraft small enough for last-mile delivery.

The ePlane Company is co-founded by IIT-M professor Satya Chakravarthy and his student Pranjal Mehta. They are currently testing a scaled-down prototype and expect to have their first cargo plane ready as early as next year. The entrepreneurs have also recently raised $1 million in their series A round of funding.

Their first aircraft, the e200, wis expected to be one of the world’s most compact two-seater planes, and capable of vertical take-off and landing in an area not much bigger than what it takes to park a mid-sized sedan. The plane is designed to be light enough, at around 600 kg, and have a range of 200 km per charge, and also be able to land on the average urban concrete rooftop.

“You know professor has been teaching for 24 years and I’m 24 years old,” Mehta jokes. “But our average age works out fine,” Chakravarthy quips. The duo actually started out working on a helicopter-based urban mobility venture but quickly transitioned to the electric plane option as the more attractive option, and they have been at it over the last two years or so.