~ Launched in January 2023, Altigreen neEV Tez offers owners of cargo businesses and EV fleets the convenience of reduced cost of operation while delivering increased profits ~
Bengaluru, 24th March 2023: India’s leading commercial electric vehicle maker Altigreen today delivered 200 Altigreen neEV Tez vehicles to customers in a single day! The customers from B2B and B2C categories – from businesses such as Buy 2 Coffee, Fyn Mobility, DCO, Motherhood Foods, Go One, and more – were happy to receive the keys to their brand-new Altigreen neEv Tez vehicles.
The neEV Tez vehicles were delivered to customers at a specially organized event at Altigreen’s Retail Experience Centre through Magnum Ventures in Bengaluru. The delivery of the vehicles was preceded by a rally featuring Altigreen’s vehicles, in the vicinity of the dealership.
Dr Amitabh Saran, Founder and CEO, Altigreen, said, “This is a milestone for all of us at Altigreen. We are extremely proud to have given the world the neEV Tez – the world’s fastest-charging 3-wheeler. It is overwhelming to see such a great response for neEV Tez from B2B and B2C customers alike. We are excited to be playing an important role in helping businesses across India transition to electric mobility.”
Launched in January 2023, the neEV Tez is an extremely cost-efficient, solid workhorse that finds use across several applications such as Retail, Cold Storage, FMCG Distribution, Grocery, Couriers, Fertilizers, etc. The vehicle is manufactured at Altigreen’s sophisticated Malur facility in Karnataka where the plant produces over 200 NeEV Tez vehicles every month.
The neEV Tez is the world’s fastest charging 3-wheeler, featuring Exponent’s 3-in-one connector that lets the user choose between slow, fast and superfast charging options. The neEV Tez takes just 15 min for a full charge at Exponent’s E pump, 3.5 hours for slow charging with 220V/16 A Socket and up to 1 hour at the Bharat DCOO1 charging station!
Today, EV fleets have limited productivity; cargo business owners are facing a few rather pertinent issues, such as long vehicle-charging time, inconsistent charging experience, and the need for 3PL players to set up their own hubs to solve both charging and parking. In addition, customers wanting to run 2 shifts (~16 hours) are forced to deploy 2 EVs since the vehicles take too long to charge, thereby decreasing flexibility and increasing the cost of operations.
The Altigreen neEV Tez powered by Exponent solves these issues by offering 1-hour charging on DC001 network, and a 15-minute full charge at an e^pump, as opposed to the industry average of ~4 hours. The battery comes with a 3000-cycle life warranty with 100% rapid charging versus the industry average of ~1000 cycle life. With the NeEV Tez, customers can now use the same vehicle to complete two shifts, thereby increasing their productivity and earning more profits. Additionally, with a public e^pump network, customers don’t have to install charging hubs further boosting profits!
Altigreen recently completed ten years of formation, playing a pioneering role in the EV space in the country. The company is constantly ramping up its capabilities through innovation and has aggressive expansion plans to widen its pan-India presence and cater to the rising demand. Altigreen’s product offering stands on four strong pillars: longest range, largest volumetric capacity, highest ground clearance, and greatest torque.
The company’s commercial electric 3W offering NeEV recently achieved the feat of completing 150+ kms intercity drive between two iconic places of Karnataka, i.e. Mysore Palace and Bangalore Palace, on a single charge in about six hours. In addition, the company consistently announced partnerships to launch over 28 Retail Experience Centers & showrooms across India where its electric vehicles are available.
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