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Now, Atul Auto plans e-rickshaw launch by January 2017

The e-rickshaw market size in India is estimated at 100,000 units, typically priced in the range of Rs 70,000-80,000 per unit

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Atul Auto

Vimukt Dave  |  Ahmedabad 

After Mahindra and Terra Motors, now Rajkot-based listed three wheeler major Atul Auto Limited will be launching four seater passenger e-rickshaw in January next year. Initially, the company will produce the e-rickshaw at its Rajkot plant, for which the company plans to invest about Rs 5 crore for setting up an assembly line.

Later on, Atul Auto will begin manufacturing the same from its upcoming Ahmedabad facility once it is operational. The e-rickshaw market size in India is estimated at 100,000 units, typically priced in the range of Rs 70,000-80,000 per unit. Ahead of ...

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First Published: Sat, October 01 2016. 12:52 IST
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