Harshal Mahadev Nakshane, founder of AI Cars, showcased his hydrogen-powered vehicle on Shark Tank India season 3. Despite showcasing its capabilities, the sharks declined to invest due to market and infrastructure issues. They seem to have instead asked Nakshane to get a job in an established automotive company.
Harshal Mahadev Nakshane, a visionary entrepreneur from Yavatmal, Maharashtra, launched AI Cars on Shark Tank India season 3. India’s first artificially intelligent hydrogen-based vehicle manufacturing startup’s founder, Nakshane, impressed the judges with his pitch.
Nakshane and his crew spent 18 months building a stunning prototype model in his hometown garage and presented it to the sharks. A hydrogen fuel cell-powered AI Car can refill in 5 minutes and travel over 1,000 miles for Rs 60 lakhs.
After initial skepticism, Nakshane took his brainchild for an exciting test drive around Mumbai’s Film City. The judges, Anupam Mittal, Namita Thapar, and Vineeta Singh, were amazed as the AI maneuvered the busy streets. Mittal made a valid concern about the AI Car’s practicality.
The sleek sports car prototype showed how AI and automotive engineering were combined. Despite the amazing demonstration, the sharks declined to invest due to concerns about India’s AI and hydrogen-powered vehicle market and infrastructure.
The sharks saw Nakshane’s drive and recommended him to work for renowned car businesses to advance technology. Deepinder Goyal of Zomato advised Nakshane to put his ego aside and face reality.
Mittal praised Nakshane’s ambition but underlined the need for realistic goals and wise decision-making in the face of tough challenges in his closing remarks.
Conclusion
AI Cars founder Harshal Mahadev Nakshane presented his hydrogen-powered vehicle manufacturing firm on Shark Tank India season 3. Hydrogen fuel cell prototypes could refill in 5 minutes and travel over 1,000 kilometers. After initial mistrust, judges Anupam Mittal and Namita Thapar were impressed by the car’s capabilities. The sharks declined to invest since India lacked an AI and hydrogen-powered vehicle industry and infrastructure.
