About AiCars
AiCars is an Energy & Utilities company based in Chandrapur (India) founded in 2021. It operates as an a startup focused on manufacturing autonomous cars powered by hydrogen fuel for sustainable mobility. It operates on a B2B model. Its focus areas include Automotive, Manufacturing, Autonomous Vehicles and Hydrogen Fuel Technology. Its legal entity in India is Aicars Private Limited (U72900MH2022PTC382486). Similar companies include Aurora, Cruise, Polestar, NIO and BMW Group and 4 more; 6 of its 9 listed similar companies have raised funding.
Company details
AiCars, founded in 2021 in Chandrapur, India, focuses on dealing with automotive parts, producing manufactured goods, developing autonomous vehicles, and hydrogen fuel technology. A startup focused on manufacturing autonomous cars powered by hydrogen fuel for sustainable mobility. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Chandrapur, India
- Employees 1
- SectorsEnergy & Utilities
- Website aicars.in
- Legal Name Aicars Private Limited
- Date of Incorporation 11 May, 2022
- Jurisdiction Yavatmal, Maharashtra, India
- Annual Revenue₹99,002
FY 2024
- Net Loss-₹41,904
FY 2024 · -42% margin
- EBITDA-₹41,904
FY 2024 · -42% margin
- Employee Count1
Associated legal entities of AiCars
AiCars operates through Aicars Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aicars Private Limited CIN U72900MH2022PTC382486 | Active | 11 May 2022 | Yavatmal, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Board of directors of Aicars Private Limited (AiCars)
Aicars Private Limited is the primary company behind AiCars. The board of Aicars Private Limited currently have 2 directors; the longest-serving is Harshal Mahadev Nakshane, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harshal Mahadev Nakshane DIN 09603375 | Director | 11 May 2022 | 4 yrs 5 mo | Aicars Private Limited |
| Kunal Sanjay Asutkar DIN 10482221 | Director | 30 Jan 2024 | 2 yrs 8 mo | Aicars Private Limited |
Financials of AiCars
Figures of Aicars Private Limited, the primary company behind AiCars, for FY 2024. Revenue was ₹99,002. Net loss was -₹41,904 (-42% margin). EBITDA was -₹41,904 (-42% margin).
- ₹99,002Revenue · FY 2024
- -₹41,904Net loss · -42% margin
- -₹41,904EBITDA · -42% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Aicars Private Limited are on its company page.
Detailed financial statements for AiCars
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Similar companies to AiCars
AiCars has 9 listed similar companies in our database, 6 of them funded. They include Aurora, Cruise, Polestar, NIO and BMW Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aurora.tech | 2017 | Mountain View, United States | $692.62M | 1,800 | AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | |
| getcruise.com | 2013 | San Francisco, United States | $7.72B | 3,326 | SaaS-enabled hardware and software for autonomous vehicles are developed. | |
| polestar.com | 1996 | Gothenburg, Sweden | $550M | – | Electric vehicles are manufactured and developed by Polestar. | |
| nio.com | 2014 | Shanghai, China | $1.1B | 38,820 | AI-enabled electric vehicles and battery-swapping systems are developed by NIO. | |
| bmwgroup.com | 1916 | Munich, Germany | – | 154,950 | Automotive manufacturing company | |
| waymo.com | 2009 | Mountain View, United States | $11.1B | 2,297 | Self-driving vehicle solutions are developed and deployed for transportation. | |
| toyota.com | 1957 | Plano, United States | – | 372,817 | Automotive vehicles including cars, trucks, and SUVs are manufactured. | |
| kia.com | 1994 | Irvine, United States | – | 52,871 | Motor vehicles and parts are manufactured, imported, distributed, and sold. | |
| argo.ai | 2016 | Pittsburgh, United States | $3.7B | 852 | AI solutions for autonomous driving software and hardware are developed. |
Detailed similar companies of AiCars
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- Operating metrics
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Top companies in Hydrogen & Alternative Fuel Systems
10 companies that operate in the same segment as AiCars (Hydrogen & Alternative Fuel Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ammonia-based fertilizers and fine chemicals are manufactured and marketed. | 2014 | Madrid, Madrid, Spain | – | – | – | |
Provider of EV charging solution | – | Shanghai, China | USD 4.81 M | – | – | |
Limited information is available on Electriq's core activities. | 2018 | Tirat Carmel, Haifa District, Israel | – | – | – | |
Offers strategic consulting for e-Mobility, Energy, Utilities, and Transport. | 2010 | Nagpur, Maharashtra, India | – | USD 396.81 K | – | |
Hydrogen storage solutions and production technologies are developed and produced. | 2021 | – | USD 93.09 M | – | – | |
Hydrogen and electricity are generated from water via innovative processes. | 2024 | Raleigh, North Carolina, United States | USD 659.11 K | – | – | |
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | Bengaluru, Karnataka, India | – | – | – | |
Hydrogen gas turbines are manufactured for energy and power sectors. | 2015 | – | USD 7.3 M | – | – | |
Independent Hydropower producer | 2007 | Noida, Uttar Pradesh, India | – | – | – | |
Power generation and energy projects in India focusing on thermal and renewable sources. | 1994 | Mumbai, Maharashtra, India | – | USD 382.48 M | 51 |
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Frequently Asked Questions about AiCars
AiCars was founded in 2021.
AiCars is headquartered in Chandrapur, India. It is registered at Chandrapur, Maharashtra, India.
AiCars has 1 employees.
The primary company behind AiCars, Aicars Private Limited, reported revenue of ₹99,002 for FY 2024.
AiCars, founded in 2021 in Chandrapur, India, focuses on dealing with automotive parts, producing manufactured goods, developing autonomous vehicles, and hydrogen fuel technology. A startup focused on manufacturing autonomous cars powered by hydrogen fuel for sustainable mobility. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
AiCars operates through Aicars Private Limited.
The legal entities of AiCars currently have 2 directors, including Kunal Sanjay Asutkar, Harshal Mahadev Nakshane.