Chennai giant TII electrifies its future with multi-vehicle launch

Chennai-based Tube Investments of India (TII) is poised for a significant expansion in the electric vehicles (EV) segment, with a series of upcoming launches. The forthcoming releases include a three-wheeler cargo vehicle, an e-rickshaw, tractors, and four variants of electric heavy commercial vehicles (HCVs).

Currently offering an L5M passenger category three-wheeler known as Rhino, the company is set to introduce a cargo version in the next three months, followed by an e-rickshaw. These strategic moves into the EV market will be orchestrated through the company's subsidiary, TI Clean Mobility (TICMPL).

In the three-wheeler category, TII aims to penetrate high-volume regions, including Uttar Pradesh, Bihar, Assam, Tripura, Kerala, and Jammu and Kashmir. The company plans to appoint dealers in these key markets, with a target of reaching 75 dealers by the end of the year. Currently boasting 47 dealers, predominantly in the South, TII is expanding its network to enhance market reach.

Tractors are currently undergoing homologation (certification) and are expected to be available in the market by the April-May period of FY25. The initial offering, a 27-horsepower equivalent, will bear the brand name Montra. Additionally, prototypes for small commercial vehicles are in development, and pending successful testing, the launch is anticipated by April or June of the following year. TII is also exploring the possibility of introducing Montra brand HCVs.

TICMPL has outlined a comprehensive long-term roadmap for 2027-28. Under this plan, Montra Electric will be the designated brand for two-wheelers and tractors. The company is actively building Montra Electric as the flagship brand for its EV initiatives.

News by Rahul Yelligetti