Mahindra Electric has launched the Treo electric three-wheeler range at a starting price of Rs 1.36 Lakhs (Ex. Showroom, Bengaluru), including the FAME subsidy, in the country. The variants include Treo electric auto and Treo Yaari electric rickshaw, both available in the industry first hard top weather proof variants. During the first phase of its launch, the vehicles will be available at select dealerships across Bengaluru and Hyderabad and later in other cities in a phased manner. In addition, the company also inaugurated a new production facility to manufacture Electric Vehicle Technology, developed under +ME brand.
The Treo range of electric three wheelers use Mahindra Electric’s home grown powertrain and maintenance free Lithium ion battery. With the use of exceptional light weighting technologies and composite body panels, the Treo boasts of a certified range of 170 km (eAuto). It also offers the best in class comfort for passengers with one of the most spacious interiors in the segment and for the driver through its clutch-less, noiseless and vibration free drive. The Bengaluru production facility is the first such project to be cleared by the Department of Industries & Commerce’s SLSWCC since the announcement of Karnataka State Electric Vehicle & Energy Storage Policy in 2017.
This first of its kind, electric vehicle technology manufacturing facility in Bengaluru, the EV capital of the country, has been set up with a total investment of Rs. 100 crore. Branded under the umbrella of +ME technologies, the facility will manufacture battery packs, power electronics and motor assembly. The plant uses global standards of manufacturing processes and will increase the manufacturing of Mahindra Electric to 25,000 units per annum. The facility will create additional direct employment of around 200 people in the state of Karnataka. The new facility is based on Mahindra’s Future of Mobility theme based on 3Cs – Clean, Connected & Convenient.
The facility was inaugurated by Shri KJ George, Honourable Minister for Large & Medium Scale Industries, IT & BT, Science & Technology, Government of Karnataka, along with Shri RV Deshpande, Honourable Minister for Revenue, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka, Shri Priyank M Kharge, Honourable Minister for Social Welfare Department, Government of Karnataka and Dr. Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd and Chairman, Mahindra Electric Mobility Ltd. According to Mahesh Babu, CEO Mahindra Electric ““Driven by the same +ME technology, we are also proud to roll out the first Treo. Built on India’s first Lithium-ion three wheeler platform, we are confident that Treo will transform the way urban India travels.”