• Login
AutoEVTimes
  • Home
  • News
    • India EV News
    • International EV News
    • Latest EVs India
    • Latest EVs International
    • Policy
  • EV Tech
    • Autonomous Driving
    • Battery Technology
    • Charging Station
    • Drive Systems
  • EV Products
    • ADAS
    • Automotive Lighting
    • Automotive Motors
  • Editor’s Desk
    • Research
    • Interview
    • Articles
    • Startup
    • Events
No Result
View All Result
HealthNews
No Result
View All Result
Home News India EV News

Sonalika Tractors Ventures into Electric Microcars Market in Europe

AutoEV Times by AutoEV Times
September 28, 2024
in India EV News, News
0
Electric Microcars
0
SHARES
42
VIEWS
Share on FacebookShare on Twitter

Sonalika Tractors, the largest tractor exporter from India, plans to enter the developing electric quadricycle market in Europe, starting with the Netherlands, in response to the growing global demand for clean micro-mobility.

A senior company official claims that Sonalika has previously worked on a product for Western markets with a global engineering group.

According to Autocar Professional, “We are at a good stage in developing the product (quadricycle),” citing Raman Mittal, joint managing director of the Sonalika Group. Although he did not provide a launch date, the product may be available in 12 to 24 months.

“Indian partners from all around the world helped create the product. Thus, the prototype is prepared. We’ve reached the feedback stage. We are not rushing. The endgame is very much in reach. We’re getting close,” he said.

With about 13.5% of the Indian tractor market, Sonalika, a tractor manufacturer based in Punjab, is well-known in the country. With a share of over 34.3% of the export market, the company is the biggest tractor exporter in India.

The Sonalika Group believes that this is the right time to join the growing European market for electric microcars. They are easier to park and drive on crowded streets because they are significantly lighter and smaller than conventional cars.

Mittal gave the following justification for the category’s introduction: “Given their smaller size and ease of parking, we have noticed that microcars are something that every European country would need Moreover, pricing entry-level or tiny cars is not difficult in Western nations, unlike in India.”

Although they are technically categorized as L7E (heavy quadricycles) and L6E (light quadricycles) in Europe, they are sometimes referred to as microcars in Amsterdam.

The third factory of the corporation is anticipated to build this new type, which will be powered solely by electricity. At the same facility, Sonalika will produce electric tractors in addition to the EV quadricycle.

The company currently operates one plant in Hoshiarpur, Punjab, and is growing by adding a second one for exports.

Although the company prioritizes vertical integration and sources many of its essential components from Hoshiarpur, Punjab, it is also considering other North Indian states for the third site.

“Now it’s thrilling. Everything will be combined at a single, sizable plant dedicated to producing electric vehicle, Mittal continued.

The company intends to invest in excess of Rs 1,000 crore for the entire electrification project, which encompasses the creation of electric tractors, quadricycles, and a new factory for electric cars.

Tags: Electric VehicleEV newsev times newsmicro-mobilitySonalika Tractors
Previous Post

ASDC Annual Conclave 2024: A Collaborative Push Toward the Future of Automotive Skills Development

Next Post

With 23% CAGR, universal EV market to mount to USD 2108 billion by 2033

AutoEV Times

AutoEV Times

Next Post
23% CAGR 2108

With 23% CAGR, universal EV market to mount to USD 2108 billion by 2033

Recommended Stories

AI Innovation

Stellantis and Mistral AI Strengthen Partnership for AI Innovation

February 12, 2025
New Kia Sonet EV

New Kia Sonet EV caught testing before next year’s launch

October 9, 2024
EV charging cables

Electric Vehicle Charging Cables Market Size to Surge USD 17.30 billion by 2034

May 9, 2025

Popular Stories

  • Patanjali EV

    Patanjali Enters EV Market with Affordable Electric Scooter

    0 shares
    Share 0 Tweet 0
  • Ola Launches S1 X Scooters with 190km Range, Warranty

    0 shares
    Share 0 Tweet 0
  • Maruti Suzuki Unveils Alto Electric at ₹4 Lakh, Promises 560km Range

    0 shares
    Share 0 Tweet 0
  • The Electric Version of the Thar SUV, the Mahindra Thar.e Vision, was Unveiled in Cape Town

    0 shares
    Share 0 Tweet 0
  • Vaisala Leverages Weather Data to Enhance Electric Vehicle Range

    0 shares
    Share 0 Tweet 0
AutoEVTimes

AutoEV Times provides the latest Electric Vehicles News, EV Business, EV Products etc from around the world.

Recent Posts

  • EV Battery Prices Drop 20% in 2024, Reaching Historic Low
  • India’s New EV Policy Offers Duty Cuts to Attract Global Manufacturers
  • Tesla Sales Drop in France Amid Competition, Controversy

Categories

  • ADAS
  • Articles
  • Automotive Electronics
  • Automotive Lighting
  • Automotive Motors
  • Autonomous Driving
  • Battery Technology
  • Charging Station
  • Drive Systems
  • EV Products
  • EV Tech
  • India EV News
  • International EV News
  • Interview
  • Latest EVs India
  • Latest EVs International
  • News
  • Policy
  • Research
  • Road Safety
  • Startup
  • Uncategorized
  • Contact Us
  • Events
  • Front
  • Guest Post Guidelines
  • Home
  • Privacy Policy
  • Sample Page
  • Terms of Service

© 2016 - 2024 AutoEV Times | All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Events
  • Front
  • Guest Post Guidelines
  • Home
  • Privacy Policy
  • Sample Page
  • Terms of Service

© 2016 - 2024 AutoEV Times | All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In