Chennai- Tivolt Electric Vehicles Pvt. Ltd., electric small commercial vehicles, a Murugappa Group's subsidiary, in collaboration with TI Clean Mobility Pvt. Ltd., is soon launching an e-SCV under the Montra Electric brand, marking its entry into India's electric small commercial vehicle market. This vehicle, with advanced technology and strong performance, is expected to revolutionize mid-mile and last-mile mobility sectors. Meanwhile, Tube Investments of India (TI) subsidiary, TICMPL, formed in February 2022, has expanded its clean mobility solutions by introducing e-SCVs as its fourth EV platform, catering to various mobility needs of enterprises and logistics companies.
Mr. Vellayan Subbiah, TII Executive Vice Chairman said “Montra Electric represents our commitment to enhancing life through eco-friendly mobility solutions, ushering in a new era of growth and innovation for us. 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. At Montra Electric, our goal is to offer products and solutions that are beneficial for both our customers and our business, ensuring practicality and sustainability.”
“India is poised to lead the global adoption of electric vehicles, second only to China. TICMPL is making impressive strides in the electric vehicle sector with a substantial commitment of three thousand crores. Currently, we are developing four platforms, including the successful MHCV truck and EV three-wheeler already in the market. What excites me the most is our upcoming Small Commercial Vehicle (SCV) platform. 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. Our dedication to becoming the foremost player in this segment in India is unwavering. The TIVOLT e-SCV is poised to be a standout product, a definite winner in the market, added Mr. Vellayan Subbiah”
About TIVOLT:
TIVOLT Electric Vehicles, a venture of Murugappa Group and a subsidiary of TI Clean Mobility, aims to revolutionize Indian urban transportation with innovative electric vehicle solutions. Specializing in small and light commercial vehicles under the Montra Electric brand, TIVOLT is committed to sustainability, reliability, and customer success. With a focus on technological advancement and strategic partnerships, TIVOLT seeks to make a positive impact by offering holistic, sustainable mobility solutions.
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