Tivolt electric to launch e-SCV under 'Montra Electric' brand

Update On: Wed May 15 2024 by Gaurav Sharma
Tivolt electric to launch e-SCV under 'Montra Electric' brand

TIVOLT Electric Vehicles, a venture of the Murugappa Group and a subsidiary of TI Clean Mobility will introduce electric small commercial vehicles (e-SCVs) branded as “Montra Electric”. The new electric vehicle marks the group’s foray into the electric small commercial vehicle domain. This new revolutionary e-SCV promises to revolutionise India’s mid-mile and last-mile mobility sectors. The new e-SCV features cutting-edge technology, distinctive design, robust performance. The electric vehicle has durable build quality and is anticipated to make a significant impact upon its debut.

Vellayan Subbiah, TII Executive Vice Chairman, said, “The electric vehicle industry is experiencing an exciting phase of development, not only in India but globally as well. We have dedicated our top resources and time to develop this product, and we are looking forward to the customer response upon its launch in the coming months"

Subbiah noted that TICMPL is making impressive strides in the electric vehicle sector with a substantial commitment of three thousand crores. Currently, it is working on four platforms, including the successful MHCV truck and EV three-wheeler already in the market.

Also Read: Auto sector shows strong start in FY25, total sales up 25% in April

"SCV represents the largest category in the commercial vehicle segment, making our entry into this arena particularly thrilling. This segment is primed to adopt EVs swiftly, supported by policies, government initiatives, and increasing adoption rates."

Tivolt electric to launch e-SCV under 'Montra Electric' brand

Tivolt Electric new e-SCV

Tube Investments of India (TI) founded TICMPL as a branch with a specific aim of delivering eco-conscious mobility solutions. TICMPL is positioned to offer extensive transportation solutions to enterprises and logistics companies spanning intercity, intracity, and last-mile services, with e-SCVs representing its fourth electric vehicle platform.

India is a key player in the global electric vehicle adoption wave after China. The small commercial vehicle segment is the largest in the commercial vehicle sector. The rapid shift towards electrification is supported by progressive policies, government initiatives, and a growing environmental consciousness among businesses.

Also Read: Flipkart and Bajaj Auto partners for Eco-Friendly Last-Mile Deliveries

The new TIVOLT e-SCV marks a significant milestone in India's journey towards sustainable transportation. TIVOLT Electric Vehicles is ready to impact the electric vehicle industry, not only in India but globally. The company's commitment to research, development, and customer satisfaction is expected to set new standards in the market. This will offer promising prospects for growth and innovation in the sector.

Latest Three Wheeler News

    View all Three Wheeler News