According to the company, the e-SCV, developed through extensive research and rigorous testing, is anticipated to revolutionize India’s mid-mile and last-mile mobility sectors with its advanced technology, innovative design, high performance, and durable build quality.
TIVOLT Electric Vehicles, a venture of the Murugappa Group and a subsidiary of TI Clean Mobility (TICMPL), plans to launch electric small commercial vehicles (e-SCVs) by the end of the second quarter. These e-SCVs, developed through extensive research and rigorous testing, are expected to transform India’s mid-mile and last-mile mobility sectors with their advanced technology, innovative design, high performance, and durable build quality.
Founded in February 2022, TICMPL is a subsidiary of Tube Investments of India (TI). With the addition of e-SCVs as its fourth EV platform, TICMPL aims to offer comprehensive mobility solutions to enterprises and logistics companies, addressing intercity, intracity, and last-mile applications.
Vellayan Subbiah, Executive Vice Chairman of TII, stated that Montra Electric embodies their commitment to eco-friendly mobility solutions, signifying a new era of growth and innovation. He emphasized the exciting development phase of the global electric vehicle industry and highlighted India’s leading role, second only to China. Subbiah noted the company’s substantial commitment of INR 3000 crores to the electric vehicle sector, with four platforms in development, including the existing MHCV truck and EV three-wheeler. He expressed particular enthusiasm for the upcoming SCV platform, the largest category in the commercial vehicle segment, poised for swift EV adoption due to supportive policies and government initiatives. Subbiah affirmed the company’s dedication to becoming a leading player in this segment, with the TIVOLT e-SCV set to be a standout product and market leader.
