- Mahindra
- E-Zeo
- electric
- last mile delivery
- segment. launch
- disruption
Mahindra E-Zeo Electric Light Truck Set For Launch In Early October 2024
- by MT Bureau
- September 30, 2024
Following hot on the heels of the launch of Veero light truck that highlights a modular construction and is out to fill up of the gap between the Supro and Bolero Pik-up, the E-Zeo electric mini truck from Mahindra is set to disrupt the market for such vehicles in the last mile delivery segment.
The number of such trucks is growing in India with established players like Ashok Leyland and Tata Motors involved. Competing with them are much younger manufacturers like Euler.
Claimed to share the platform with the Jeeto, which has been a successful small truck from Mahindra in the last mile delivery segment, albeit on the diesel, CNG and petrol side, the E-Zeo is fitted with an efficient high-voltage architecture that will provide superior energy efficiency, higher range and faster charging times.
To be offered by Mahindra Last Mile Mobility division, which currently sells the Treo range of electric three-wheelers (passenger and cargo), the electric mini truck is quite likely to aim at application areas such as e-commerce, parcels, FMCG, perishable goods and even municipal requirements such as waste management among others.
If it would cause a shift from the ICE engine min trucks to it, the higher initial acquisition cost is likely to be an impediment. While it would take some time before the initial acquisition cost comes within 10 percent of the cost of an equivalent ICE mini truck, the E-Zeo should appeal to fleets with the entire lifecycle costs it would promise. Like the ICE versions of the Jeeto, the E-Zeo is expected to offer a payload of between 500 and 650 kg.
Commenting on the E-Zeo on the World EV Day last month, Suman Mishra, MD & CEO of Mahindra Last Mile Mobility, said, “Having led the charge in the last mile electric three-wheeler vehicle space, it gives us immense pleasure to reveal the brand name of our four-wheeler, ‘e-ZEO’ on World EV Day. This name resonates deeply with our purpose and aligns with global efforts to accelerate EV adoption, particularly in the sub-two-tonne category. Backed by the Mahindra trust, the ‘e-ZEO’ is poised to reshape urban logistics and drive prosperity for our customers.”
“The all-new Mahindra ‘e-ZEO’ will be a compelling EV option in the ICE-dominated SCV category,” mentioned a source aware of the electric mini truck’s development.
- TI Clean Mobility
- Murugappa Group
- Jalaj Gupta
- Kalyan Kumar Paul
- Montra Electric
- Tube Investments of India
- TII
Jalaj Gupta To Lead TI Clean Mobility As The New MD
- by Nilesh Wadhwa
- November 22, 2024
TI Clean Mobility, part of the Murugappa Group, has appointed Jalaj Gupta as the new Managing Director.
The auto industry veteran in his last position was the Business Head for Commercial Vehicles at Mahindra Group. He has around 29 years of experience in the automotive industry with expertise in business strategy, product development, sales, marketing, and vendor management.
Gupta an alumnus of Punjabi University and IMT Ghaziabad has also held leadership roles at Tata Motors and Ashok Leyland.
Prior to Gupta, TI Clean Mobility was led by Kalyan Kumar Paul, who served as the Managing Director with over 30-years of career with Tube Investments of India (TII) Group, which is part of the Murugappa Group. Paul had retired from the company in October 2024.
TI Clean Mobility, the electric vehicle business of the Murugappa Group, currently sells electric three-wheelers under the Montra brand and is also set to enter the electric small commercial vehicle (e-SCV) and electric tractor space.
- Mahindra
- Mahindra BE 6e
- Mahindra XEV 9e
- Born Electric
- Heartcore
- Pratap Bose
Mahindra Releases BE 6e and XEV 9e Teaser Sketches Ahead Of November 26 Launch
- by MT Bureau
- November 22, 2024
Mumbai-based automotive major Mahindra has unveiled the teaser sketches of its upcoming electric origin SUVs – the BE 6e and XEV 9e ahead of the November 26 debut.
Based on the Heartcore design philosophy, the BE 6e and XV 9e are completely new pure electric vehicles designed by the company, which it believes will disrupt the passenger vehicle segment.
The company is betting big on the upcoming EVs as they encapsulate dynamic styling, premium materials, and progressive proportions.
Pratap Bose, Chief Design & Creative Officer, Mahindra & Mahindra, said, “Heartcore Design is about creating an emotional bond with our customers through design. Prepare to fall in love with our Electric Origin SUVs.”
- Montra Electric
- Tl Clean Mobility Pvt Ltd
- PM E-DRIVE Scheme
- PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme
- Last-Mile Mobility
- Electric Vehicles
Montra Electric Praises PM E-DRIVE Scheme
- by MT Bureau
- November 21, 2024
Montra Electric, a brand owned by Tl Clean Mobility Pvt Ltd, has praised the Government of India for the continuation of subsidy support for the electrification of last-mile mobility under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.
Roy Kurian, Business Head, Montra Electric (Last Mile Division), said, “Montra Electric sincerely thanks the Ministry of Heavy Industry, Govt of India for ensuring continuity of the subsidy support to last-mile mobility. This crucial support will help the industry navigate challenges and further speed up the shift to electric last-mile solutions.”
The PM E-DRIVE Scheme was launched on 29 September 2024. The scheme was put into effect on 1 October 2024 and will continue until 31 March 2026. Furthermore, EMPS-2024, the number of vehicles and the spending under EMPS-2024 for e-2w and e-3w being implemented from 1 April 2024 to 30 September 2024 are being subsumed under the PM E-DRIVE Scheme; hence, the scheme's effective time will be two years.
- Pure EV
- Arva Electric Vehicles Manufacturing LLC
- Electric Vehicles
- Electric Two-Wheelers
- Pure EV eTryst X
- Pure EV ecoDryft
Pure EV Collaborates With Arva Electric To Expand Footprint In Middle East And Africa
- by MT Bureau
- November 20, 2024
Pure EV, one of India's leading electric two-wheeler manufacturers, has entered into a strategic partnership with Arva Electric Vehicles Manufacturing LLC, a subsidiary of Clarion Investment LLC, with an aim to expand its presence across the Middle East and African regions.
Under the terms of the agreement, Pure EV will provide Arva Electric with a first shipment of 50,000 of its flagship models, the eTryst X and ecoDryft, over the next couple of years. Pure EV's position in these developing markets is anticipated to be cemented when the supply rises to 60,000 units per year after this initial phase. Pure EV will be Arva Electric's key technology partner in addition to supplying motorcycles, offering knowledge and assistance all the way through the distribution process. Pure EV will uphold all intellectual property rights pertaining to the bikes in order to safeguard unique technology as they increase their market share.
Dr Nishanth Dongari, Founder and Managing Director, Pure EV, said, “Our commitment to innovation and user experience ensures that we provide market-ready offerings and meet the growing demand for electric mobility solutions. This partnership not only aims to enhance sales but also to foster sustainable mobility solutions in regions where electric motorcycles are rapidly gaining traction, marking a significant step towards expanding our footprint in Middle East and African markets. By leveraging our strengths and capabilities together with Arva Electric, we are poised to make a significant impact on the electric vehicle landscape globally.”
Aniyan Kutty, Managing Director, Arva Electric Vehicles Manufacturing LLC, said, “We are pleased to partner with Pure EV, as their expertise in R&D and cutting-edge technology helps in building efficient and reliable 2W products. Both the companies are committed to promoting eco-friendly mobility solutions with an aim to reduce carbon emissions and support environmental sustainability in these regions.”
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