Vinit Bansal

Founder and Managing Director, EV Motors India Pvt. Ltd. (“EVM”)

Vinit is the Founder and Managing Director of EV Motors India Pvt. Ltd. (“EVM”) with over 30 years of experience in automotive, energy, private equity and management consulting business. His vision is to establish an e-mobility eco-system in India that includes development of national network of charging infrastructure under the brand name “PlugNgo”, battery manufacturing and solutions for mass transportation. He believes renewal energy will also be an integral part of this eco-system and his endeavor is to create a commercially feasible solution while addressing local challenges.

Prior to founding EVM, he successfully launched various vehicle programs in US, Canada and South America for Ford Motor Company and also led their corporate manufacturing strategy being located at their world headquarters. In 1994 he led the activities of Delphi Automotive Systems to establish a presence in India and build multiple manufacturing plants for multiple product lines. He also set up the first automotive Special Purpose Acquisition Corporation (SPAC) that included India as a focused country for investment in the automotive component sector. He has experience in the Energy Industry manufacturing Diesel Generators at Caterpillar India and designing Nuclear Power Plants with Sargent & Lundy a Chicago based consulting firm.

As a Ford representative on the Partnership of Next Generation Vehicles (PNGV), a joint initiative between Ford, GM, Chrysler and Department of Energy of the Government of United States, he worked on technologies related to production of fuel cells, flywheels, turbines and battery technologies for promoting alternate energy vehicles.