Mahindra Treo e-autorickshaw launched in Maharashtra at Rs 209,000
At the price, the Mahindra Treo price undercuts its IC-engine competition in the state.
L-R: Suman Mishra, CEO, Mahindra Electric Mobility; Subhash Desai, Minister of Industries & Mining, Maharashtra; Avinash Dhakne, Transport Commissioner - Maharashtra and Ashish Malik, head of Sales, Marketing & Customer Care, Mahindra Last Mile Mobility.
Mahindra Electric Mobility has launched its electric three-wheeler (passenger carrier) the Treo in Maharashtra at Rs 209,000 (ex-showroom, Mumbai) post FAME-II, state and early-bird subsidies.
At the price, the Mahindra Treo price undercuts its IC-engine competition in the state. In fact, the company claims in addition to the initial cost of ownership, its e-three-wheeler customers will save up to Rs 200,000 in 5 years.
The e3W has a peak of 8 kW and slope climbing ability of 12.7 degree. To make it accessible for customers the Treo is available with a low-down payment scheme of just Rs 41 500.00 from Mahindra Finance and an interest rate of 10.8% from State Bank of India. A customer can also avail the exchange of Rs 7,500 on the Mahindra Treo.
Suman Mishra, CEO, Mahindra Electric Mobility said, “Maharashtra with its EV friendly policy has already taken the lead in electric mobility. With the launch of Mahindra Treo today, I am certain that we will help transform Maharashtra’s last mile commute to a noise and pollution free ride. India’s No.1 selling electric auto, Treo, will also enhance livelihoods with up to Rs 200,000 savings in 5 years.”
Also read: Bajaj Auto new leader in 3W goods carriers, M&M with 16% eats into Piaggio share
Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos
Growing demand for Sonet compact SUV sees it drive ahead of the longstanding best-seller Seltos for the fourth month in ...
Tata Motors’ car and SUV sales rise 6% to 45,984 units in May
The seven-model portfolio Tata Motors sees demand moderate to single digit in a month which saw the launch of the Altroz...
Mahindra & Mahindra sells 32,883 SUVs for 23% growth in May, order backlog grows to 292,000 units
M&M’s sales would have been higher but the company continues to be impacted by chip supply constraints; order book swell...