The dynamic venture TIVOLT Electric Vehicles, a division of TI Clean Mobility and a part of the Murugappa Group, intends to introduce its e-SCV as soon as possible. The group will enter the electric small commercial vehicle market with the launch of the e-SCV. With its state-of-the-art technology, unique design, potent performance, and sturdy construction, the car is anticipated to fundamentally alter the mid- and last-mile mobility sectors in India when it is introduced. A significant amount of research and rigorous testing will go into the creation of the e-SCV.
TICMPL, a clean mobility solutions company, was established in February 2022 as a division of Tube Investments of India (TI). TICMPL is now in a position to provide businesses and logistics firms with comprehensive mobility solutions, meeting their demands across intercity, intracity, and last-mile applications, thanks to the addition of e-SCVs as its fourth EV platform.
The TII Executive Vice Chairman, Vellayan Subbiah, stated: “Montra Electric ushers in a new era of growth and innovation for us by representing our commitment to enhancing life through eco-friendly mobility solutions.” Not just in India but throughout the world, the electric car market is going through an exciting time of growth. We put a lot of effort and time into developing this product, and we eagerly await the feedback from users.
India is the second country after China to lead the world in the adoption of electric vehicles. With a significant investment of three thousand crores, TICMPL is making remarkable progress in the electric vehicle industry. We are now working on four platforms, two of which are the popular MHCV truck and that are already on the market. I am particularly excited about our future Small Commercial Vehicle (SCV) platform. Our debut into this market is very exciting because SCV is the largest category in the commercial vehicle industry. With the backing of laws, government programs, and rising adoption rates, this market is well-positioned to embrace electric vehicles quickly. We are steadfast in our commitment to being the leading player in this market in India. It seems likely that the TIVOLT e-SCV will be a unique product.
