IIT-M has been playing host to the Raftar Formula Racing team, a student community drawing auto-enthusiasts from 45 disciplinary streams at the Chennai-based institute.
Raftar launches one racing car each year for participation in the Formula Student championships, a Formula-style racing contest conducted across key tracks in the globe.
IIT-M’s electric car would be among over 30 participants with their own electric cars at the Formula Bharat 2023 racing event in Coimbatore in January next year.
Raftar’s racing team chief Karthik Karumanchi, a final-year mechanical engineering undergraduate student at the institute, said: “This is our tenth race car and first electric variant, designed from scratch and built over the last two years. We’re very excited about it.”
Karumanchi said the team would make disclosures about the car’s specifications and performance parameters at the launch on Monday.
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Previously, the Raftar team’s car was the only Indian entrant to the Formula Student event in Germany in 2018, according to Raftar’s website.
The Raftar team is part of IIT-M’s Centre for Innovation effort, a student-led idea launchpad at the institute.
Recently, IIT Madras said it had crossed Rs 1,000 crore in funding and revenue for the first time in the financial year 2022, with Rs 313 crore streaming in from sponsored research deals from industrial establishments.