Murugappa Group Enters India’s Electric Vehicle Market
Modified On Sep 15, 2022 12:30 PM
Launches Montra all-electric auto-rickshaw with higher range and stylish design.
Tube Investments of India, part of the diversified Murugappa Group today unveiled the Montra Super Auto, an electric three-wheeler that would take on the highly competitive and fast-growing last-mile mobility segment in India.
Available in three variants- soft top, hard top, and long-range, the Montra electric auto-rickshaw start from ₹ 3,02 lakh. In the firm's phase, the retail sales will take off with 40 dealers that will scale up to 100 by the end of this year.
Arun Murugappan, Executive Chairman, Tube Investments of India, said “Montra Electric 3W will mark a new phase of growth and innovation for us. We’ve invested our best resources and time to develop this product. We are excited to see customer reactions. At TI Clean Mobility, we strive to deliver products and solutions that make business sense for our customers and us. With Montra Electric we strive toward carbon neutrality. Electric 3W is one of the EV segments with the biggest growth potential. This segment will have a significant impact on India's effort to achieve net zero carbon emissions by the year 2070. We believe it is our duty, as a clean mobility pioneer and indigenous business house, to collaborate with the Indian government to help realize its vision for a sustainable future.”
KK Paul, MD, TICMPL said, “Montra Electric 3W is packed with innovation and several industry-firsts. It houses the category's best 10 kWh battery pack, delivering a superior range of 197km (ARAI Certified) and 155+/-5km (Typical Range). Industry best peak torque of 60 Nm and a top speed of 55kmph. Equipped with industry-first multi-drive modes for better economy along with Park Assist Mode for better maneuverability through city traffic. Safety & Endurance is our top priority, the Montra Electric 3W is manufactured with superior materials, delivering complete peace of mind. This segment-leading performance is complimented with super comfort using double fork front suspension, a car-like driver seat & better cushioning. The Montra Electric 3W has all the space you need for driver and passenger with category-defining boot space for luggage. Comes loaded with telematics and state-of-the-art apps for both Driver and Commuter, available in English and vernaculars. It is as easy to own as it is to ride with digital financing, 24 x 7 roadside assistance, 2 years extended warranty option & 3 years AMC”.
The Montra will be manufactured at the company’s facility in Ambattur, Chennai, the Montra Super Auto will be made available in phases across the nation, starting South.
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