December 21, 2024 | New Delhi
Indian EV manufacturer Greenway Mobility has unveiled its new brand, E-Vi, targeting the rapidly growing electric three-wheeler (E3W) market. The launch includes two initial models, Chhota Otto and Chhota Bull, both priced at ₹2 lakh, with availability set for Q4 FY24. The company aims to establish market leadership with 100 dealerships across India by December 2025.
E-Vi Product Lineup
- Chhota Otto:
- Key Features: Independent suspensions on all three wheels for enhanced stability and comfort.
- Versatility: Foldable seats allow a seamless transition between passenger and cargo applications.
- Chhota Bull:
- Tailored for Logistics: Last-mile delivery vehicle with a 400 kg payload capacity.
- Advanced Features: Hydraulic brakes and IoT-enabled fleet management for real-time tracking.
- Rydan Electric Rickshaw (Upcoming):
- Highlights: Hydraulic disc brakes, multi-speed automatic transmission, and enhanced range.
- Target Market: Urban and rural mobility, emphasizing reliability and performance.
Expansion and Strategic Goals
- Dealership Network:
- Greenway Mobility plans to establish 100 dealerships in key locations across India by the end of 2024 to ensure nationwide availability.
- Future Products:
- The company is investing in R&D to expand its portfolio, including electric bikes, trikes, and compact EVs to cater to diverse mobility needs.
Commitment to Quality and Sustainability
- Indigenous Manufacturing:
- Vehicles are designed and built in India to handle local road conditions using high-grade components for better durability.
- Sustainability Focus:
- Greenway Mobility prioritizes low maintenance costs and high efficiency, ensuring long-term reliability.
- Battery-Swapping Capabilities:
- To address range anxiety and enhance operational convenience for drivers.
Leadership Insights
- Siddharth Patel, Founder:“E-Vi represents our vision for creating reliable and sustainable mobility solutions tailored to Indian conditions. Our goal is to build a robust distribution network to address accessibility, service, and financing challenges.”
- Harsh Raval, Co-Founder:“We are committed to engineering durable vehicles with high-quality components sourced from Indian suppliers. This focus builds trust and delivers dependable solutions for India’s E3W market.”
Why It Matters
- Market Growth:
- India’s E3W segment is projected to grow exponentially, driven by rising demand for eco-friendly mobility and last-mile logistics.
- Affordability and Accessibility:
- With models starting at ₹2 lakh, E-Vi offers cost-effective solutions for both urban and rural users.
- Technological Innovation:
- Features like IoT-enabled fleet management and hydraulic brakes position Greenway Mobility as a forward-thinking player in the EV space.
