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TIVOLT Electric Vehicles, a venture of Murugappa Group is set to unveil its latest line of electric small commercial vehicles (e-SCV) under the Montra Electric brand, targeting the mid-mile and last-mile delivery sectors. These upcoming vehicles are set to redefine standards in design, performance, and durability within the electric vehicle market. Established in February 2022, TI Clean Mobility Pvt Ltd (TICMPL) has emerged as a prominent player in the electric vehicle industry, focusing on developing versatile platforms to address various mobility requirements, from intercity and intracity travel to last-mile deliveries.

Vellayan Subbiah, Executive Vice Chairman of Tube Investments of India (TII) mentioned, 

“Montra Electric represents our commitment to enhancing life through eco-friendly mobility solutions. The electric vehicle industry is experiencing an exciting phase of development globally, and we are thrilled to contribute to this growth with high-quality, sustainable products. Our upcoming e-SCV is not just a vehicle; it represents a significant leap towards transforming urban logistics and fleet services in India.”

Ambitious Investment in Electric Mobility

TICMPL’s substantial investment of three thousand crore into the electric vehicle sector reflects the brand’s ambitious stance in driving the transformative shift towards sustainable mobility. This investment underscores their dedication to pioneering advancements in electric commercial vehicles and contributing to India’s green transportation ecosystem. 

Final Thoughts

India’s prominence in the global electric vehicle market, second only to China, underscores the critical timing of Montra Electric’s e-SCV launch. As the largest segment in the commercial vehicle sector, the swift electrification of small commercial vehicles aligns with progressive policies, government initiatives, and a growing environmental consciousness among businesses. With the government’s ambitious plans to promote electric mobility and reduce carbon emissions, the demand for electric vehicles, particularly in the commercial sector, is poised for exponential growth. Furthermore, the increasing emphasis on sustainability and the need for cost-effective transportation solutions further highlight the relevance of Montra Electric’s entry into the e-SCV segment. 

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