EV maker Etrio expands footprint to Maha; sets up dealership in Mumbai

At its Mumbai dealership, Etrio will showcase and sell its wide range of electric vehicle models

etrio
Press Trust of India Mumbai
2 min read Last Updated : Dec 03 2021 | 6:48 PM IST

EV maker Etrio has expanded its footprints to Maharashtra with the setting up of a dealership in the financial capital, which will also cover two other districts, Thane and Navi Mumbai, in the state.

At its Mumbai dealership, Etrio will showcase and sell its wide range of electric vehicle models, including electric 3-wheelers, for the cargo and passenger segments, the company said in a statement.

The new dealership will cater to both business-to-business (B2B) and business-to-consumer (B2C) segments, it said.

Currently, Etrio is present in five states and plans to expand to 10 states and over 20 locations by the end of this fiscal.

It already has announced its plans to launch a slew of high-performance 3-wheelers in the next two quarters and will also introduce new cargo 4 wheelers range starting with the 1-ton payload segment in the next few years.

The company claims that it is the first and only EV manufacturer in the domestic space that has introduced a unique dealership and leasing model to scale rapidly across the country.

The dealership in Maharashtra will be able to cover three key districts of the state -- Mumbai, Navi Mumbai and Thane, the company said.

"We are delighted to announce our dealership in Mumbai, which will enable us to reach customers in three key districts of Maharashtra Mumbai, Navi Mumbai and Thane," Deepak M V, founder CEO of Etrio, said.

With this dealership, Etrio is going beyond its normal 3S dealership model (sales, service and spares), by setting up Etrio hubs via introducing the ambit of charging infrastructure and driver training centres at the dealership centre itself, he said.

"Therefore, essentially, we are setting up a miniature EV ecosystem that will holistically aid the local EV adoption," he said.

Etrio's current portfolio has EV products across payload ranging from 350-700 kg, including a 3-wheeler product range in both cargo and passenger segments under the brand name 'Touro' and a retrofitted (ICE to EV converted) e-LCV Tata Ace.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Electric VehiclesMumbaiMaharashtra

First Published: Dec 03 2021 | 6:48 PM IST

Next Story