Altigreen Opens EV Dealership in Ahmedabad

- Advertisement -
  • After Mumbai, Delhi, Bangalore and Hyderabad, the company is all set to expand its footprint in Ahmedabad
  • Altigreen had recently announced a partnership to launch the “fastest-charged” 3-wheeler while offering over 100 chargers in Bengaluru

In the latest developments in the Indian electric vehicle (EV) space, Bengaluru-based Altigreen, a leading commercial EV maker, recently inaugurated its retail experience centre in the capital city of Gujarat. Within the last two months, the company has opened a total of seven retail dealerships in different parts of India, including Mumbai, Delhi, Bangalore and Hyderabad. Altigreen partnered with Garnet Motors (Green) Pvt. Ltd. for its latest retail experience centre, which is located in Sarkhej, Ahmedabad. As per the company, the experience centre will allow EV enthusiasts to access Altigreen’s range of electric cargo vehicles. The company stated that it is constantly ramping up its capabilities through innovation and has aggressive expansion plans to widen its pan-India presence and cater to the rising demand.

It is noteworthy that the company had recently announced a partnership to launch the “fastest-charged” 3-wheeler while offering over 100 chargers in Bengaluru.

“With the launch of this new retail experience centre in Ahmedabad, we are steadily building a strong nationwide network to cater to the rising demand for commercial EVs in the country. As a homegrown company, we take great pride in delivering Made in India products. We are investing significantly to strengthen our production and R&D capabilities while developing a robust pan-India distribution network to offer the best and cleanest last-mile transportation,” said Dr Amitabh Saran, Founder and CEO of Altigreen, while adding that they’re happy to partner with Garnet Motors (Green).

- Advertisement -

The founder of Garnet Motors (Green) Pvt. Ltd, Mr Karnail Singh Cheema was present during the inauguration. He commented: “In India, the transport sector accounts for one of the largest proportions of carbon emissions, which many experts believe is accelerating climate change. As we make progress in decarbonising transportation, collectively as a nation, companies such as Altigreen play an important role in this process. Consumers can make a huge contribution to reducing their carbon footprint by transitioning to electric fleet vehicles. We are extremely pleased to have this new retail experience centre in Ahmedabad and we hope that more consumers see the value in making the switch to EV.”

The press release noted that the Gujarat government’s policy for EV charging infrastructure provides a 25% capital subsidy on equipment/machinery (limited up to Rs. 10 lakhs per station) for the first 250 commercial public EV charging stations for 2, 3, and 4-wheelers. The State Government promises to exempt 100% electricity duty of EV charging stations till 2025.

2013-born Altigreen designs, engineers and produces EVs for the last-mile transportation segment. Altigreen’s website says its Made in India / Made for India products are specifically designed for the Indian environment, road conditions and driving behaviours. It majorly serves the 3W EVs segment, competing in performance with Internal Combustion Engine (ICE) vehicles.


 

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

Exclusive

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Important Sectors

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Manufacturing

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Honda, GM Partner To Develop Hydrogen Fuel Cell

0
The global hydrogen fuel cell vehicle market is estimated to generate $43,208.3 million by 2031. Japanese automaker Honda Motor Co announced that it would collaborate...

Adding The Edge In The Embedded Edge Market With SiMa.ai

0
SiMa in Hindi means edge, and that is exactly what this startup has brought to the embedded edge market. By integrating Machine Learning on...

Foxconn Hires Former Nidec CEO As Strategy Chief For EVs

0
Foxconn Technology group's latest hire has decades of experience in the automotive industry with names such as Nissan and Dongfeng Motors in his portfolio. Foxconn...
Bharat

Bharat Electronics Misses Profit Estimates For Q3

0
Bharat Electronics has declared an interim dividend of 60% payable to all the eligible shareholders holding shares as of the record date. Shares of Bharat...