Altigreen has launched neEV Tez, an e-cargo three-wheeler at ₹3,55,000

Exponent plans to install 100 e^pumps in Bengaluru over the next six months, with 20 already in place.

Altigreen is a commercial electric vehicle manufacturer. The company has launched a new variant of its three-wheeler cargo EV, the neEV Tez, at a price point of ₹3,55,000 in collaboration with Exponent Energy. Altigreen will produce the latest variant at its Malur factory, which has a capacity of 55,000 units per year. The commercial EV manufacturer has a presence in 12 cities and plans to deploy 2,000 neEV Tez vehicles in Bengaluru as part of the first phase of commercialization.

"neEV Tez will ensure maximum utilisation of the vehicle owing to its long range and low charging time, thereby resulting in more trips on a single charge and a high earnings opportunity. The root cause of this anxiety has traditionally been attributed to the range and prolonged charging time. The game-changing neEV Tez finally offers a new and robust solution with its 15-minute full charge capabilities," said Amitabh Saran, Founder and CEO of Altigreen.

Exponent Energy customized the battery for Altigreen's latest variant. The company claims that its battery can be charged from 0 to 100% in 15 minutes using Exponent's e^pump charging network. Exponent plans to install 100 e^pumps in Bengaluru over the next six months, with 20 already in place. "At first, we will set these pumps at every 2 km radius and are looking for roadside charging opportunities near our franchises. Each e^pumper will be capable of charging 40-45 vehicles per day," explained Arun Vinayak, co-founder of Exponent Energy.

Exponent Energy will continue to focus on producing more batteries for all types of commercial vehicles, including three-wheeler and four-wheeler vehicles, as well as passenger and cargo commercial vehicles.

About neEV Tez

The new model has an 8.19 kWh e^pack and an Exponent proprietary battery built using regular LFP cell chemistry, with a range of 98 KM (ARAI Certified) and an 85 km city drive range. The vehicle also includes a 5-year/1 lakh warranty and a 5-year/1.55 lakh-kilometre battery warranty. The e^pump delivers 600A of current to the e^pack (15 times the industry standard) while managing individual cell characteristics, including thermals, to ensure safety, long battery life, and consistent performance even at temperatures as low as 50 degrees Celsius.

At present, The Altigreen neEV is available in three different configurations: flatbed, high deck, and low deck. The neEV has the industry's best 150 km range on a single charge and a top speed of 53 kmph. The power is 11hp and 45Nm of torque, with an extra power boost mode that kicks in to pull the high load, to ensure faster and quicker delivery. The gradeability of neEV's ability is 17%, so you don't have to worry about high flyovers or steep curves.

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