TIVOLT Electric Vehicles will launch e-SCV under the Montra Electric brand • EVreporter

TIVOLT Electric Vehicles, a venture of Murugappa Group and a subsidiary of TI Clean Mobility, is preparing to introduce its electric small commercial vehicles (e-SCV) under the brand “Montra Electric.”

According to the company statement, the e-SCV, slated for launch soon, is the group’s debut in the electric small commercial vehicle sector. Its anticipated impact on India’s mid-mile and last-mile mobility sectors stems from its technology, design, performance, and build quality, all developed through detailed research and testing. Established in February 2022 as a Tube Investments of India (TI) subsidiary, TICMPL focuses on clean mobility solutions. With the addition of e-SCVs as its fourth EV platform, TICMPL aims to provide comprehensive mobility solutions to businesses and logistics companies across intercity, intracity, and last-mile applications.

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.”

Mr. Vellayan Subbiah also highlighted India’s rise in the global electric vehicle market, trailing only China. TICMPL’s substantial investment of three thousand crores demonstrates its dedication to this sector. With successful models like the MHCV truck and EV three-wheeler, TICMPL is now focusing on the Small Commercial Vehicle (SCV) platform, foreseeing swift EV adoption. Bolstered by supportive policies and growing government backing, the TIVOLT e-SCV is poised to dominate the market.

Also read: TI Clean Mobility secures INR 580 crore investment for EV expansion