🛺 Murugappa Group enters the EV market

Chennai news in just 5 minutes

Get Chennai Brief, our smart and concise daily guide to charming Chennai in your inbox for FREE.

The Murugappa Group enters the electric vehicle (EV) market with its Montra Electric 3W Auto.

Story so far: For the past 3 years, the company has been working on its EV project with a budget of ₹200 crores. While the EV market is still in its infancy in India, the company sees potential in the 3-wheeler EV market. The company launched the Montra EV through its TI Clean Mobility company.

  • The auto has a 10-kWh battery pack with a range of 197 km. It has a top speed of 55 kmph.
  • It also has a multi-drive mode for better range economy and a park assist mode to better navigate through traffic.

Future ambitions: The company wants to be among the top 3 in the next couple of years. Its initial focus will be on the Southern states. It plans to increase its dealer network to 100 by the end of this fiscal. The company’s facility in Ambattur has a built-in capacity of 75,000 units.

More Stories from Chennai...

Chennai news in just 5 minutes

Get Chennai Brief, our smart and concise daily guide to charming Chennai in your inbox for FREE.