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Montra Electric

Full company profile

uuid0003wdb

Namestring
Montra Electric
Legal namestring
TI Clean Mobility Private Limited
Company typeenum
Private
Founded yearint
2022
Descriptiontext

Montra Electric is the electric commercial vehicle brand of TI Clean Mobility Private Limited (TICMPL), a wholly-owned subsidiary of the 125-year-old Indian conglomerate Murugappa Group. Incorporated in 2022 and headquartered in Chennai, the company manufactures a full spectrum of electric commercial vehicles spanning four product verticals: last-mile three-wheelers (Super Auto passenger and Super Cargo electric three-wheelers), small commercial vehicles (EVIATOR platform with application-specific 32/40/50 kWh battery configurations), medium and heavy commercial vehicles (Rhino 5538 EV series in 4x2 and 6x4 configurations, plus Rhino 2838 EV tipper), and electric tractors (E-27, India's first ARAI-certified electric tractor). All vehicles are built on LFP (Lithium Iron Phosphate) battery technology with liquid cooling and IP67 protection, supported by the proprietary 1M (One Montra Electric) connected vehicle platform that delivers real-time diagnostics, predictive maintenance, OTA updates, and fleet telemetry. Manufacturing is distributed across Chennai facilities (Ambattur for last-mile three-wheelers; Ponneri for EVIATOR e-SCV; Chembarambakkam for tractors) and the 255,000 sq ft eHCV plant in Manesar, Haryana with 1.7 GWh in-house battery pack assembly.

The company generates revenue primarily through one-time unit sales of electric commercial vehicles, with pricing tiers spanning Rs 3.79 lakh (Super Auto post-subsidy) to Rs 1.15 crore (Rhino 5538 EV heavy-duty truck), supplemented by engineering services (e.g., Rs 17.5 crore Carraro India e-transmission contract) and long-tenor AMC contracts of up to 10 years/9 lakh km with uptime guarantees. Distribution follows a dual model: exclusive 3S dealer showrooms (over 150 across 114 markets) for volume segments and direct enterprise sales for large fleet deployments with named customers including UltraTech Cement, Delhivery, More Retail, Gyan Dairy, Green Drive Mobility, and TVS Vehicle Mobility Solution. Government certifications under PM E-DRIVE (Rhino 5538 EV — India's first) and ARAI (E-27 — India's first electric tractor) provide regulatory tailwinds and per-vehicle incentives up to Rs 9.6 lakh, while export exploration is underway for Nepal, Sri Lanka, and Tanzania.

Short descriptiontext

Montra Electric is the EV arm of India's Murugappa Group, manufacturing a full spectrum of electric commercial vehicles — e-3W (Super Auto/Super Cargo), e-SCV (EVIATOR), heavy-duty e-trucks (Rhino), and electric tractors (E-27) — for enterprise fleet operators and commercial customers across India, powered by an in-house connected vehicle platform.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersChennai, India
HQ citystring
Chennai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices17 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric commercial vehicles, electric three-wheelers, electric small commercial vehicles, electric heavy trucks, electric tractors
Industry1 code
1Battery Pack & Module Manufacturing (EV)
CodeIMACACAAPrimaryYes
NAICS code1 code
  • Motor Vehicle Body and Trailer Manufacturing33621
SIC code1 code
  • Motor Vehicle Parts & Accessories3714
Product category
Electric Commercial Vehicles
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Electric Vehicle Hardware Sales
TypeHardware Sales
Description

Sale of electric commercial vehicles across four segments: electric three-wheelers (Super Auto, Super Cargo), small commercial vehicles (EVIATOR), heavy commercial vehicles (Rhino 5538 EV), and electric tractors (E-27). Primary revenue stream.

auto.economictimes.indiatimes.com
2Engineering Services
TypeProfessional Services
Description

Engineering services agreement with Carraro India worth Rs 17.5 crore for e-transmission industrialization and supply for electric agricultural tractors.

thehindubusinessline.com
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels12 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Pricing details6 tiers
1Super Auto electric passenger three-wheeler
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Price: Rs 3,79,500 (ex-showroom, post subsidy). Features LED headlights, radial tubeless tyres, 160 km range, 10 kW motor, 60 Nm torque. Warranty: 3-year/1,00,000 km with option to extend by 2 years/50,000 km.

montraelectric.com
2EVIATOR 350 (32kWh) for last-mile urban logistics
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Price: Rs 14.58 lakh (introductory ex-showroom). 1.7-tonne payload, 140 km range, 80 kW motor, 300 Nm torque, CCS2 DC fast charging. Warranty: 7-year/2.5 lakh km extended warranty.

montraelectric.com
3EVIATOR 350L+ (50kWh) for intercity/long-haul transport
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Price: Rs 16.86 lakh (introductory ex-showroom). 50kWh LFP battery, 300+ km certified range, 200+ km real-world range, CCS2 DC fast charging. Warranty: 7-year/2.5 lakh km extended warranty.

montraelectric.com
4EVIATOR base variant
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Price: Rs 14.58 lakh (introductory ex-showroom). 1.7-tonne payload, 170+ km real-world range, CCS2 DC fast charging capability. Original introductory pricing.

auto.economictimes.indiatimes.com
5E-27 electric tractor
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Price: Rs 10.75 lakh (ex-showroom). 27 HP equivalent, 90 Nm torque, 22.37 kWh LFP battery, 4.5-hour runtime, ARAI certified. Up to 70% lower operating cost, approximately Rs 10 lakh savings over 5 years.

montraelectric.com
6Rhino 5538 EV heavy-duty electric truck
ModelUnit PricingBilling cadenceOne time/ perpetual license
Notes

Starting price: Rs 1.15 crore (55-tonne GCW). 282 kWh LFP battery, 380 HP, 2000 Nm torque, approximately 198 km range. Qualifies for up to Rs 9.6 lakh PM E-DRIVE incentive per vehicle. AMC contract: 10-year/9 lakh km with 95% uptime guarantee.

whalesbook.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 6 records shown
1Rhino
Description

Electric heavy commercial vehicle (eHCV) brand including Rhino 5538 EV 4x2 and 6x4 variants, India's first 55-ton GCW electric truck.

montraelectric.com
+5 more records
Core offering1 text field

Montra Electric designs, manufactures and sells electric commercial vehicles across four segments: electric three-wheelers (Super Auto passenger and Super Cargo), small commercial vehicles (EVIATOR in 32/40/50 kWh variants), heavy commercial vehicles (Rhino 5538 EV 4x2 and 6x4), and an electric tractor (E-27). The company sells primarily through an exclusive 3S dealer network across India with direct engagement for large fleet customers, and packages the vehicles with its proprietary 1M connected fleet platform for uptime, predictive maintenance and OTA updates.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 14 values shown
  • 70% lower operating costs: Rs 8-10/km vs Rs 35-40/km for diesel trucks
+13 more records
Product overview1 text field

Montra Electric operates as a full-spectrum electric commercial vehicle company under the Murugappa Group (125+ years legacy), organized across four distinct business verticals: Last-Mile Three-Wheelers, Small Commercial Vehicles (eSCV), Medium & Heavy Commercial Vehicles (eM&HCV), and Electric Tractors. The product portfolio spans the Super Auto (electric passenger three-wheeler) and Super Cargo (electric cargo three-wheeler) for last-mile urban mobility; the EVIATOR electric small commercial vehicle in multiple battery configurations (32/40/50 kWh) for cargo transport; the Rhino electric heavy-duty truck platform in 4x2 and 6x4 configurations including tipper variants for mining, cement, steel, and port logistics; and the E-27, India's first ARAI-certified electric tractor for agriculture. All products are supported by the proprietary 1M (One Montra Electric) connected vehicle platform delivering telematics, predictive maintenance, and OTA updates. The company operates manufacturing facilities in Chennai (Ambattur for three-wheelers, Ponneri for eSCV) and Manesar, Haryana (eHCV with in-house battery assembly), and is expanding across India's retail dealer network.

Product and service6 records
1Super Auto
CategoryElectric three-wheeler (passenger)
Description

Electric passenger three-wheeler for last-mile urban mobility, delivering up to 160 km real-world range per charge with a 10 kW motor and 60 Nm torque, LED headlights, radial tubeless tyres, and the in-house 1M connected platform. Retailed through 110+ exclusive showrooms across India with a 3-year or 1,00,000 km warranty.

2Super Cargo
CategoryElectric three-wheeler (cargo)
Description

Electric cargo three-wheeler designed for last-mile delivery operations, offering 170+ km real-world range, an 11 kW peak motor (70 Nm torque), fast charging in under 60 minutes, up to 170 cu. ft. container capacity, and a 5-year or 1.75 lakh km battery warranty.

3EVIATOR
CategoryElectric small commercial vehicle
Description

Electric small commercial vehicle (eSCV) with 1.7-tonne payload and 10.3 ft loading deck, available in three battery configurations (32kWh, 40kWh, 50kWh) targeting distinct duty cycles - from urban last-mile (140 km) to intercity logistics (300+ km certified range). Features 80 kW motor (300 Nm torque), CCS2 DC fast charging, advanced telematics for 95%+ fleet uptime, and up to 7-year or 2.5 lakh km warranty.

4Rhino 5538 EV
CategoryElectric heavy commercial truck
Description

Electric heavy commercial vehicle platform comprising the Rhino 5538 EV series - India's first 55-tonne GCW electric trucks available in 4x2 and 6x4 configurations, powered by 282 kWh LFP battery, 380 HP, and 2000 Nm torque, with certified ~198 km range and support for both fixed battery and battery swap (sub-6-minute swap). Includes the 28-tonne Rhino 2838 EV 6x4 tipper for mining and construction. Features 10-year AMC, 95% uptime guarantee, and PM E-DRIVE certification.

5EVIATOR 350 Reefer
CategoryElectric refrigerated small commercial vehicle
Description

Integrated refrigerated variant of the EVIATOR 350 electric small commercial vehicle for cold chain logistics, maintaining temperatures from -25C to +25C with 130+ km range under active reefer conditions (extendable to 250+ km with 45-minute DC fast charging). Delivered in volume to More Retail via Green Drive Mobility and TVS Vehicle Mobility Solution fleet partnerships.

6E-27 Electric Tractor
CategoryElectric tractor
Description

India's first ARAI-certified electric tractor, delivering 27 HP equivalent power and 90 Nm torque through a PMSM motor, with 2WD and 4WD drivetrain options, 22.37 kWh LFP prismatic-cell battery (4.5-hour runtime, 2.15-hour charging), 8F+2R side-shift transmission, dual-speed PTO (540/1000 rpm), and 720 kg hydraulic lifting capacity. Achieves up to 70% lower operating cost vs. diesel tractors, with lifetime savings nearing Rs 10 lakh. Priced from Rs 10.75 lakh (ex-showroom).

Scale indicator23 records

Each record includes

Type, Value, Description, Source

Partnership16 partners
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-05-18
Description

Fleet deployment partner for 100 EVIATOR 350 electric refrigerated trucks for More Retail cold chain logistics across major cities in India. Green Drive manages fleet operations, uptime, and temperature-controlled delivery performance.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-05-18
Description

Asset provision, uptime management, and financing solutions for EVIATOR 350 refrigerated truck fleet supporting More Retail cold chain logistics. Partnership enables leasing-based EV adoption for commercial operators.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-10
Description

Exclusive e-SCV dealership operator for Montra Electric in Indore, Madhya Pradesh. Serves Central India's logistics hub and surrounding industrial markets.

Strategic tierKeyTypeStrategic or Co-development PartnerAnnounced on2026-03-23
Description

Collaborative participation in SIAM Lab pavilion at Smart Mobility India Expo 2026 alongside ARAI, Qualcomm, HERE Technologies, Google, and multiple OEMs. Represents Montra Electric in showcasing sustainable mobility technology and research.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-01-29
Description

Rs 17.5 crore engineering services agreement for e-transmission industrialization and supply for electric agricultural tractors. Montra Electric benefits from Carraro India's Tier-1 transmission expertise for next-generation electric tractor drivetrains.

6Sriram Harsha LLP
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-28
Description

Exclusive e-SCV dealership operator for Montra Electric in Vijayawada, Andhra Pradesh. Located in South India's key logistics corridor.

montraelectric.com
7SOL Automotive India Pvt. Ltd.
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-09
Description

Exclusive e-SCV dealership operator for Montra Electric in Gurugram, Haryana. Operates 3S (Sales, Service, Spares, Charging) facility on NH-08, Kherki Daula.

montraelectric.com
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-09
Description

e-3W dealership operator for Montra Electric in Surajpur, Greater Noida. Retails Super Auto and Super Cargo with service infrastructure including trained EV technicians.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-09
Description

e-SCV dealership operator for Montra Electric at Libaspur, North Delhi. Workshop and after-sales service for mid-mile logistics, e-commerce, and FMCG fleet operators.

10Selladale Motors
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-12-21
Description

Super Cargo dealership operator for Montra Electric in Kolkata, West Bengal. Supplies Super Cargo vehicles for Delhivery e-commerce last-mile delivery operations through Dash-EV framework.

montraelectric.com
11Dash-EV
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-12-21
Description

Fleet deployment partner integrating Montra Electric Super Cargo vehicles with Delhivery's e-commerce logistics operations in Kolkata. Operates MoU with Delhivery for zero-emission last-mile delivery.

montraelectric.com
Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-11-24
Description

Exclusive e-SCV dealership operator for Montra Electric in Ahmedabad, Gujarat. Provides sales, service, and customer support infrastructure for fleet operators in the region.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-11-16
Description

Exclusive e-3W dealership operator for Montra Electric in Silchar, Assam. 12th Montra Electric dealership in Assam. Showroom: 1200 sq ft, Workshop: 900 sq ft.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-10-29
Description

Retail partner operating e-SCV dealerships in Bhiwandi and Panvel, Maharashtra. Located in Mumbai Metropolitan Region cargo belt, serving key logistics corridors and industrial hubs.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-09-25
Description

Strategic partnership as first electric truck OEM in India to partner with the National Highway for Electric Vehicles (NHEV) initiative. Framework includes joint decision-making, climate financing (AHEM instrument), prototyping of Connected Commercial Vehicle protocols, and live pilots on key freight corridors. Targets deployment of 1,000+ electric trucks.

Strategic tierKeyTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-08-21
Description

Dual dealership operator for e-SCV (EVIATOR) and e-3W (Super Auto, Super Cargo) in Raipur, Chhattisgarh. Fully equipped service facility with comprehensive maintenance and after-sales care.

Recent move11 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight9 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Mahindra Electric manufactures electric 3-wheelers (Treo, Alfa) and electric SCVs (Zor Grand), directly competing with Montra's Super Auto/Cargo and EVIATOR product lines. Targets similar last-mile logistics and fleet operator customers across India.

TypeDirect peer
Description

Piaggio manufactures the Ape E-City electric passenger 3-wheeler and Ape E-Xtra electric cargo 3-wheeler, directly competing with Montra's Super Auto and Super Cargo. A traditional 3-wheeler leader now transitioning its dealer network to EVs.

TypeEmerging player
Description

Altigreen manufactures electric 3- and 4-wheel commercial vehicles (neEV Tez, neEV HD) targeting last-mile delivery and cargo mobility. Overlaps with Montra's e-3W and e-SCV offerings, especially in urban delivery and e-commerce fleet use cases.

TypeDirect peer
Description

Euler Motors is an emerging pure-play EV OEM focused on electric 3- and 4-wheel commercial vehicles for last-mile logistics. Directly competes with Montra's EVIATOR e-SCV in the cargo mobility segment, with similar enterprise and fleet operator go-to-market.

TypeEmerging player
Description

Ola Electric primarily focused on electric 2-wheelers but is expanding into electric 3-wheelers and commercial vehicles. Overlaps with Montra in the broader Indian electric mobility ecosystem, particularly in 3-wheeler and B2B fleet segments.

TypeDirect peer
Description

Tata Motors is India's largest commercial vehicle OEM and a direct competitor in electric trucks, buses, and passenger vehicles. Tata's e-truck, e-bus (Starbus EV), and e-SCV programs compete head-on with Montra's Rhino, EVIATOR, and Super Auto/Cargo portfolios, serving the same enterprise fleet customers.

TypeBroad incumbent
Description

VECV is a major incumbent in India's medium and heavy commercial vehicle market with electric truck programs (Pro 3015 EV). Competes with Montra Rhino in heavy-duty truck segments while leveraging Volvo's global EV truck expertise.

TypeDirect peer
Description

Bajaj is India's largest 3-wheeler manufacturer and has launched electric variants (Bajaj RE E-Tec) competing with Montra's Super Auto passenger 3-wheeler. Both target urban last-mile passenger mobility with established dealer footprints.

TypeDirect peer
Description

Switch Mobility is Ashok Leyland's EV arm focused on electric buses and light commercial vehicles. Competes directly with Montra in the e-M&HCV space and in e-bus deployments, with comparable enterprise fleet GTM targeting Indian transit authorities and logistics operators.

TypeDirect peer
Description

Greaves Cotton's electric mobility arm (Ampere, Bestway, Ele) manufactures electric 2- and 3-wheelers competing with Montra's Super Auto/Cargo in the last-mile mobility space. Targets similar SMB and individual owner-operator customer segments.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat7 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Montra Electric

Electric Commercial Vehiclesmontraelectric.com

Montra Electric is the EV arm of India's Murugappa Group, manufacturing a full spectrum of electric commercial vehicles — e-3W (Super Auto/Super Cargo), e-SCV (EVIATOR), heavy-duty e-trucks (Rhino), and electric tractors (E-27) — for enterprise fleet operators and commercial customers across India, powered by an in-house connected vehicle platform.

What Montra Electric does

Montra Electric is the electric commercial vehicle brand of TI Clean Mobility Private Limited (TICMPL), a wholly-owned subsidiary of the 125-year-old Indian conglomerate Murugappa Group. Incorporated in 2022 and headquartered in Chennai, the company manufactures a full spectrum of electric commercial vehicles spanning four product verticals: last-mile three-wheelers (Super Auto passenger and Super Cargo electric three-wheelers), small commercial vehicles (EVIATOR platform with application-specific 32/40/50 kWh battery configurations), medium and heavy commercial vehicles (Rhino 5538 EV series in 4x2 and 6x4 configurations, plus Rhino 2838 EV tipper), and electric tractors (E-27, India's first ARAI-certified electric tractor). All vehicles are built on LFP (Lithium Iron Phosphate) battery technology with liquid cooling and IP67 protection, supported by the proprietary 1M (One Montra Electric) connected vehicle platform that delivers real-time diagnostics, predictive maintenance, OTA updates, and fleet telemetry. Manufacturing is distributed across Chennai facilities (Ambattur for last-mile three-wheelers; Ponneri for EVIATOR e-SCV; Chembarambakkam for tractors) and the 255,000 sq ft eHCV plant in Manesar, Haryana with 1.7 GWh in-house battery pack assembly.

The company generates revenue primarily through one-time unit sales of electric commercial vehicles, with pricing tiers spanning Rs 3.79 lakh (Super Auto post-subsidy) to Rs 1.15 crore (Rhino 5538 EV heavy-duty truck), supplemented by engineering services (e.g., Rs 17.5 crore Carraro India e-transmission contract) and long-tenor AMC contracts of up to 10 years/9 lakh km with uptime guarantees. Distribution follows a dual model: exclusive 3S dealer showrooms (over 150 across 114 markets) for volume segments and direct enterprise sales for large fleet deployments with named customers including UltraTech Cement, Delhivery, More Retail, Gyan Dairy, Green Drive Mobility, and TVS Vehicle Mobility Solution. Government certifications under PM E-DRIVE (Rhino 5538 EV — India's first) and ARAI (E-27 — India's first electric tractor) provide regulatory tailwinds and per-vehicle incentives up to Rs 9.6 lakh, while export exploration is underway for Nepal, Sri Lanka, and Tanzania.

Montra Electric firmographics

Firmographics
Name
Montra Electric
Legal name
TI Clean Mobility Private Limited
Website
https://montraelectric.com
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
251–500 employees
Short description
Montra Electric is the EV arm of India's Murugappa Group, manufacturing a full spectrum of electric commercial vehicles — e-3W (Super Auto/Super Cargo), e-SCV (EVIATOR), heavy-duty e-trucks (Rhino), and electric tractors (E-27) — for enterprise fleet operators and commercial customers across India, powered by an in-house connected vehicle platform.
Ownership category
akta.pro rank

Montra Electric industry classification

Industry
Product category
Electric Commercial Vehicles
NAICS
Motor Vehicle Body and Trailer Manufacturing (33621)
SIC
Motor Vehicle Parts & Accessories (3714)
akta.pro primary industry
Battery Pack & Module Manufacturing (EV) (IMACACAA)

Keywords

  • Electric commercial vehicles
  • Electric three-wheelers
  • Electric small commercial vehicles
  • Electric heavy trucks
  • Electric tractors

Where Montra Electric is headquartered

Location

Headquarters

HQ city
Chennai
HQ country
India
HQ region
Asia

Offices17 records

Markets served

Montra Electric business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Electric Vehicle Hardware Sales: Sale of electric commercial vehicles across four segments: electric three-wheelers (Super Auto, Super Cargo), small commercial vehicles (EVIATOR), heavy commercial vehicles (Rhino 5538 EV), and electric tractors (E-27). Primary revenue stream.
  2. Engineering Services: Engineering services agreement with Carraro India worth Rs 17.5 crore for e-transmission industrialization and supply for electric agricultural tractors.

Pricing tiers

ModelBillingPrice
Unit PricingOne time/ perpetual licenseSuper Auto electric passenger three-wheeler
Unit PricingOne time/ perpetual licenseEVIATOR 350 (32kWh) for last-mile urban logistics
Unit PricingOne time/ perpetual licenseEVIATOR 350L+ (50kWh) for intercity/long-haul transport
Unit PricingOne time/ perpetual licenseEVIATOR base variant
Unit PricingOne time/ perpetual licenseE-27 electric tractor
Unit PricingOne time/ perpetual licenseRhino 5538 EV heavy-duty electric truck

Go-to-market motion3 records

Distribution channels12 records

Marketing channels10 records

Montra Electric product offering

Product offering

Core offering

Montra Electric designs, manufactures and sells electric commercial vehicles across four segments: electric three-wheelers (Super Auto passenger and Super Cargo), small commercial vehicles (EVIATOR in 32/40/50 kWh variants), heavy commercial vehicles (Rhino 5538 EV 4x2 and 6x4), and an electric tractor (E-27). The company sells primarily through an exclusive 3S dealer network across India with direct engagement for large fleet customers, and packages the vehicles with its proprietary 1M connected fleet platform for uptime, predictive maintenance and OTA updates.

Product overview

Montra Electric operates as a full-spectrum electric commercial vehicle company under the Murugappa Group (125+ years legacy), organized across four distinct business verticals: Last-Mile Three-Wheelers, Small Commercial Vehicles (eSCV), Medium & Heavy Commercial Vehicles (eM&HCV), and Electric Tractors. The product portfolio spans the Super Auto (electric passenger three-wheeler) and Super Cargo (electric cargo three-wheeler) for last-mile urban mobility; the EVIATOR electric small commercial vehicle in multiple battery configurations (32/40/50 kWh) for cargo transport; the Rhino electric heavy-duty truck platform in 4x2 and 6x4 configurations including tipper variants for mining, cement, steel, and port logistics; and the E-27, India's first ARAI-certified electric tractor for agriculture. All products are supported by the proprietary 1M (One Montra Electric) connected vehicle platform delivering telematics, predictive maintenance, and OTA updates. The company operates manufacturing facilities in Chennai (Ambattur for three-wheelers, Ponneri for eSCV) and Manesar, Haryana (eHCV with in-house battery assembly), and is expanding across India's retail dealer network.

Differentiator

Problem solved

Functional benefit

Brands

  • Rhino: Electric heavy commercial vehicle (eHCV) brand including Rhino 5538 EV 4x2 and 6x4 variants, India's first 55-ton GCW electric truck.
  • EVIATOR
  • Super Auto
  • Super Cargo
  • E-27
  • 1M (One Montra Electric)

Products and services

  • Super Auto Electric passenger three-wheeler for last-mile urban mobility, delivering up to 160 km real-world range per charge with a 10 kW motor and 60 Nm torque, LED headlights, radial tubeless tyres, and the in-house 1M connected platform. Retailed through 110+ exclusive showrooms across India with a 3-year or 1,00,000 km warranty.
  • Super Cargo Electric cargo three-wheeler designed for last-mile delivery operations, offering 170+ km real-world range, an 11 kW peak motor (70 Nm torque), fast charging in under 60 minutes, up to 170 cu. ft. container capacity, and a 5-year or 1.75 lakh km battery warranty.
  • EVIATOR Electric small commercial vehicle (eSCV) with 1.7-tonne payload and 10.3 ft loading deck, available in three battery configurations (32kWh, 40kWh, 50kWh) targeting distinct duty cycles - from urban last-mile (140 km) to intercity logistics (300+ km certified range). Features 80 kW motor (300 Nm torque), CCS2 DC fast charging, advanced telematics for 95%+ fleet uptime, and up to 7-year or 2.5 lakh km warranty.
  • Rhino 5538 EV Electric heavy commercial vehicle platform comprising the Rhino 5538 EV series - India's first 55-tonne GCW electric trucks available in 4x2 and 6x4 configurations, powered by 282 kWh LFP battery, 380 HP, and 2000 Nm torque, with certified ~198 km range and support for both fixed battery and battery swap (sub-6-minute swap). Includes the 28-tonne Rhino 2838 EV 6x4 tipper for mining and construction. Features 10-year AMC, 95% uptime guarantee, and PM E-DRIVE certification.
  • EVIATOR 350 Reefer Integrated refrigerated variant of the EVIATOR 350 electric small commercial vehicle for cold chain logistics, maintaining temperatures from -25C to +25C with 130+ km range under active reefer conditions (extendable to 250+ km with 45-minute DC fast charging). Delivered in volume to More Retail via Green Drive Mobility and TVS Vehicle Mobility Solution fleet partnerships.
  • E-27 Electric Tractor India's first ARAI-certified electric tractor, delivering 27 HP equivalent power and 90 Nm torque through a PMSM motor, with 2WD and 4WD drivetrain options, 22.37 kWh LFP prismatic-cell battery (4.5-hour runtime, 2.15-hour charging), 8F+2R side-shift transmission, dual-speed PTO (540/1000 rpm), and 720 kg hydraulic lifting capacity. Achieves up to 70% lower operating cost vs. diesel tractors, with lifetime savings nearing Rs 10 lakh. Priced from Rs 10.75 lakh (ex-showroom).

Quantifiable outcome

  • 70% lower operating costs: Rs 8-10/km vs Rs 35-40/km for diesel trucks
  • +13 more outcomes

Companies that use Montra Electric

Customer profile

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Montra Electric technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Montra Electric partnerships and signals

Strategic signal

Partnerships

16 partnerships are on record, tiered key and core.

  • Green Drive MobilitykeyChannel Partner/ Reseller/ Distributor · 18 May 2026Fleet deployment partner for 100 EVIATOR 350 electric refrigerated trucks for More Retail cold chain logistics across major cities in India. Green Drive manages fleet operations, uptime, and temperature-controlled delivery performance.
  • TVS Vehicle Mobility SolutionkeyChannel Partner/ Reseller/ Distributor · 18 May 2026Asset provision, uptime management, and financing solutions for EVIATOR 350 refrigerated truck fleet supporting More Retail cold chain logistics. Partnership enables leasing-based EV adoption for commercial operators.
  • Sanghi ElectrickeyChannel Partner/ Reseller/ Distributor · 10 April 2026Exclusive e-SCV dealership operator for Montra Electric in Indore, Madhya Pradesh. Serves Central India's logistics hub and surrounding industrial markets.
  • SIAM (Society of Indian Automobile Manufacturers)keyStrategic or Co-development Partner · 23 March 2026Collaborative participation in SIAM Lab pavilion at Smart Mobility India Expo 2026 alongside ARAI, Qualcomm, HERE Technologies, Google, and multiple OEMs. Represents Montra Electric in showcasing sustainable mobility technology and research.
  • Carraro IndiacoreTechnology or Integration · 29 January 2026Rs 17.5 crore engineering services agreement for e-transmission industrialization and supply for electric agricultural tractors. Montra Electric benefits from Carraro India's Tier-1 transmission expertise for next-generation electric tractor drivetrains.
  • Sriram Harsha LLPkeyChannel Partner/ Reseller/ Distributor · 28 January 2026Exclusive e-SCV dealership operator for Montra Electric in Vijayawada, Andhra Pradesh. Located in South India's key logistics corridor.
  • SOL Automotive India Pvt. Ltd.keyChannel Partner/ Reseller/ Distributor · 9 January 2026Exclusive e-SCV dealership operator for Montra Electric in Gurugram, Haryana. Operates 3S (Sales, Service, Spares, Charging) facility on NH-08, Kherki Daula.
  • Vigsons AutomobileskeyChannel Partner/ Reseller/ Distributor · 9 January 2026e-3W dealership operator for Montra Electric in Surajpur, Greater Noida. Retails Super Auto and Super Cargo with service infrastructure including trained EV technicians.
  • Action Volt Wheels by Action Earth Movers GroupkeyChannel Partner/ Reseller/ Distributor · 9 January 2026e-SCV dealership operator for Montra Electric at Libaspur, North Delhi. Workshop and after-sales service for mid-mile logistics, e-commerce, and FMCG fleet operators.
  • Selladale MotorskeyChannel Partner/ Reseller/ Distributor · 21 December 2025Super Cargo dealership operator for Montra Electric in Kolkata, West Bengal. Supplies Super Cargo vehicles for Delhivery e-commerce last-mile delivery operations through Dash-EV framework.
  • Dash-EVkeyChannel Partner/ Reseller/ Distributor · 21 December 2025Fleet deployment partner integrating Montra Electric Super Cargo vehicles with Delhivery's e-commerce logistics operations in Kolkata. Operates MoU with Delhivery for zero-emission last-mile delivery.
  • DHI Mobility Pvt. Ltd.keyChannel Partner/ Reseller/ Distributor · 24 November 2025Exclusive e-SCV dealership operator for Montra Electric in Ahmedabad, Gujarat. Provides sales, service, and customer support infrastructure for fleet operators in the region.
  • Sunbird Super Energy Private Limited (Sunbird EV)keyChannel Partner/ Reseller/ Distributor · 16 November 2025Exclusive e-3W dealership operator for Montra Electric in Silchar, Assam. 12th Montra Electric dealership in Assam. Showroom: 1200 sq ft, Workshop: 900 sq ft.
  • Autobahn VoltiGokeyChannel Partner/ Reseller/ Distributor · 29 October 2025Retail partner operating e-SCV dealerships in Bhiwandi and Panvel, Maharashtra. Located in Mumbai Metropolitan Region cargo belt, serving key logistics corridors and industrial hubs.
  • Ease of Doing Business (EoDB) - NHEV InitiativecoreStrategic or Co-development Partner · 25 September 2025Strategic partnership as first electric truck OEM in India to partner with the National Highway for Electric Vehicles (NHEV) initiative. Framework includes joint decision-making, climate financing (AHEM instrument), prototyping of Connected Commercial Vehicle protocols, and live pilots on key freight corridors. Targets deployment of 1,000+ electric trucks.
  • Ralas Wheels Pvt LtdkeyChannel Partner/ Reseller/ Distributor · 21 August 2025Dual dealership operator for e-SCV (EVIATOR) and e-3W (Super Auto, Super Cargo) in Raipur, Chhattisgarh. Fully equipped service facility with comprehensive maintenance and after-sales care.

Scale indicators23 records

Recent moves11 records

Expansion highlights9 records

Montra Electric competitors and assessment

Company assessment

Direct peers

  • Mahindra Electric: Mahindra Electric manufactures electric 3-wheelers (Treo, Alfa) and electric SCVs (Zor Grand), directly competing with Montra's Super Auto/Cargo and EVIATOR product lines. Targets similar last-mile logistics and fleet operator customers across India.
  • Piaggio Vehicles: Piaggio manufactures the Ape E-City electric passenger 3-wheeler and Ape E-Xtra electric cargo 3-wheeler, directly competing with Montra's Super Auto and Super Cargo. A traditional 3-wheeler leader now transitioning its dealer network to EVs.
  • Euler Motors: Euler Motors is an emerging pure-play EV OEM focused on electric 3- and 4-wheel commercial vehicles for last-mile logistics. Directly competes with Montra's EVIATOR e-SCV in the cargo mobility segment, with similar enterprise and fleet operator go-to-market.
  • Tata Motors (Electric Vehicle Division): Tata Motors is India's largest commercial vehicle OEM and a direct competitor in electric trucks, buses, and passenger vehicles. Tata's e-truck, e-bus (Starbus EV), and e-SCV programs compete head-on with Montra's Rhino, EVIATOR, and Super Auto/Cargo portfolios, serving the same enterprise fleet customers.
  • Bajaj Auto: Bajaj is India's largest 3-wheeler manufacturer and has launched electric variants (Bajaj RE E-Tec) competing with Montra's Super Auto passenger 3-wheeler. Both target urban last-mile passenger mobility with established dealer footprints.
  • Ashok Leyland (Switch Mobility): Switch Mobility is Ashok Leyland's EV arm focused on electric buses and light commercial vehicles. Competes directly with Montra in the e-M&HCV space and in e-bus deployments, with comparable enterprise fleet GTM targeting Indian transit authorities and logistics operators.
  • Greaves Cotton (Greaves Electric Mobility): Greaves Cotton's electric mobility arm (Ampere, Bestway, Ele) manufactures electric 2- and 3-wheelers competing with Montra's Super Auto/Cargo in the last-mile mobility space. Targets similar SMB and individual owner-operator customer segments.

Emerging players

  • Altigreen Propulsion Labs: Altigreen manufactures electric 3- and 4-wheel commercial vehicles (neEV Tez, neEV HD) targeting last-mile delivery and cargo mobility. Overlaps with Montra's e-3W and e-SCV offerings, especially in urban delivery and e-commerce fleet use cases.
  • Ola Electric: Ola Electric primarily focused on electric 2-wheelers but is expanding into electric 3-wheelers and commercial vehicles. Overlaps with Montra in the broader Indian electric mobility ecosystem, particularly in 3-wheeler and B2B fleet segments.

Broad incumbents

  • Eicher Motors (VECV - Volvo Eicher Commercial Vehicles): VECV is a major incumbent in India's medium and heavy commercial vehicle market with electric truck programs (Pro 3015 EV). Competes with Montra Rhino in heavy-duty truck segments while leveraging Volvo's global EV truck expertise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

Montra Electric social profiles

Digital presence

Montra Electric compliance and trust

Trust signal

Compliance3 records

Montra Electric financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Montra Electric leadership team

Management profile

Number of profiles

Profiles9 records

Montra Electric subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Montra Electric funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Montra Electric M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Montra Electric

What does Montra Electric do?

Montra Electric designs, manufactures and sells electric commercial vehicles across four segments: electric three-wheelers (Super Auto passenger and Super Cargo), small commercial vehicles (EVIATOR in 32/40/50 kWh variants), heavy commercial vehicles (Rhino 5538 EV 4x2 and 6x4), and an electric tractor (E-27). The company sells primarily through an exclusive 3S dealer network across India with direct engagement for large fleet customers, and packages the vehicles with its proprietary 1M connected fleet platform for uptime, predictive maintenance and OTA updates.

Is Montra Electric a public or private company?

Montra Electric is a private company. It is classified as corporate owned and is currently operating.

When was Montra Electric founded?

Montra Electric was founded in 2022. It employs 251 to 500 people.

Where is Montra Electric based?

Montra Electric is headquartered in Chennai, India, in the Asia region.

How does Montra Electric make money?

Two revenue lines are on record. Electric Vehicle Hardware Sales are the primary driver. The others are engineering Services.

Who are Montra Electric's main competitors?

Direct peers on record are Mahindra Electric, Piaggio Vehicles, Euler Motors, Tata Motors (Electric Vehicle Division), Bajaj Auto, Ashok Leyland (Switch Mobility) and Greaves Cotton (Greaves Electric Mobility). Emerging players are Altigreen Propulsion Labs and Ola Electric. Eicher Motors (VECV - Volvo Eicher Commercial Vehicles) is listed as a broad incumbent.

Does Montra Electric have an API?

No public API is recorded for Montra Electric.

What industry is Montra Electric in?

Montra Electric's product category is Electric Commercial Vehicles. Its primary akta.pro industry code is IMACACAA, Battery Pack & Module Manufacturing (EV). Its NAICS code is 33621 and its SIC code is 3714.

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Live signals
Autocar ProfessionalMore Retail Shifts 150 Mid-Mile Vehicles to Montra Electric EVs | Autocar ProfessionalMore Retail converted 150 of its 600 mid-mile delivery vehicles to electric, partnering with Montra Electric. The EVIATOR vehicles cover 22,000 km daily and are projected to cut tailpipe CO₂ emissions by over 1,750 tonnes annually. The company aims for full fleet electrification.Construction WorldMontra Electric, Wonder Cement Deploy 250-Vehicle EV FleetMontra Electric and Wonder Cement began commercial operation of a 250-vehicle fleet of Rhino 5538 EV tractor-trailers on a Rajasthan-to-Gujarat freight corridor. The fleet hauls full payloads on daily routes covering about 1,450 km, supported by 13 charging stations. The deployment will assess electrification through payload capacity and turnaround performance.The TribuneIndia's Largest Electric Trailer Truck Fleet Enters Commercial Operation with Montra Electric and Wonder CementMontra Electric and Wonder Cement launched a 250-vehicle fleet of electric tractor-trailers on a 1,450 km freight corridor, with 30 trucks already hauling full loads. The vehicles, powered by 282 kWh batteries, run on dedicated charging infrastructure and are judged on daily availability and payload.Ani NewsIndia's Largest Electric Trailer Truck Fleet Enters Commercial Operation with Montra Electric and Wonder CementMontra Electric and Wonder Cement launched a 250-vehicle electric trailer fleet on India's longest freight corridor, hauling cement from Nimbahera to Dahej and Tuna ports. The 1,450-km route uses 13 charging stations, with trucks running full payloads on daily cycles. The deployment marks a major step toward scaling heavy-duty electric freight in India.Autocar ProfessionalMontra Electric Crosses 1,000 e-CV Sales, 810 Units in 2026 | Autocar ProfessionalMontra Electric has sold 1,126 zero-emission e-CVs since January 2025, with 810 units delivered in 2026. The company's e-CV market share rose to 3% from 1% in January-August 2025, and it expects CY2026 sales of around 1,100 units.The Times of IndiaMontra bets on heavy electric trucks to hit $1-billion revenue milestone by 2030Montra aims to reach $1 billion in revenue by 2030, with heavy trucks contributing about half. Sales of electric N3 trucks rose from 850 to 1,300 units in the first five months of the current year. The company expects over 50% annual growth in electric heavy trucks and small commercial vehicles.Motor India OnlineMontra Electric Wants to Make E-Trucks the Default Choice for India – MotorindiaMontra Electric aims to make electric trucks the default choice for Indian fleet operators, with Jalaj Gupta citing electrified freight corridors and a supply chain built in India. The company targets roughly ₹1 billion in turnover within four to five years, with heavy trucks contributing half, and is building export readiness for SAARC and African markets.Entrepreneur IndiaMontra Electric Partners with Perpetuity Capital to Expand EV Financing AccessMontra Electric has signed a Memorandum of Understanding with Perpetuity Capital to provide flexible financing options for customers purchasing its electric passenger and cargo three-wheelers. The partnership aims to reduce financial barriers and accelerate the adoption of electric mobility among individual drivers, fleet operators, and small businesses in India. This collaboration combines Montra Electric's vehicle portfolio with Perpetuity Capital's credit capabilities to simplify the purchase journey.Autocar ProfessionalMontra Electric Signs MoU With Perpetuity Capital for EVsMontra Electric has signed a Memorandum of Understanding with Perpetuity Capital to provide flexible financing options for its electric passenger and cargo three-wheelers in India. The partnership aims to reduce financial barriers for customers, including individual drivers and fleet operators, by simplifying the purchase process for these electric vehicles.Autocar ProfessionalMontra Electric Enters Global Market with Super Auto Launch in NepalMontra Electric has launched its Super Auto electric three-wheeler in Nepal, marking the company's first international expansion into a cross-border commercial market. The manufacturer partnered with local distributor Hipco Superbuild to manage sales, distribution, and after-sales support for the vehicle.