Greenway Mobility Unveils E-Vi Electric Three-Wheeler Range; Targets Market Leadership by 2025

Greenway Mobility has launched its E-Vi range, including the Chhota Otto and Chhota Bull, priced at Rs 2 lakh each. In the future company is aiming to expand its presence in the electric three-wheeler market by FY24-Q4 and planning to establish 100 dealerships across India by year end.

Chhota Otto: Equipped with independent suspensions on all wheels for stability and foldable seats for dual use as passenger and cargo space.

Chhota Bull: Designed for last-mile delivery, it can carry up to 400 kilograms, with hydraulic brakes and IoT-enabled fleet management.

Greenway Mobility is also gearing up to launch Rydan, a high-speed passenger rickshaw with features like hydraulic disc brakes and multi-speed automatic transmission.

Expansion Plans and Market Goals

The company plans to establish 100 dealerships across India by the end of 2024. Greenway Mobility aims to achieve a leadership position in the electric three-wheeler market by December 2025.

Also Read: Anil Dua Joins SAR E-Mobility As Co-Founder

Focus on Indigenous Manufacturing and Future R&D

All E-Vi products are designed and manufactured in India to suit local road conditions. The company is investing in R&D to expand its portfolio, including electric bikes, trikes and compact electric cars.

Siddharth Patel, Founder, Greenway Mobility, and an IIT Bombay and Cornell Johnson Graduate School of Management alumnus, shared his objective behind the launch, saying, “India needs mobility solutions that are not only sustainable but also robust and reliable enough to meet the demands of both bustling cities and rural landscapes. Through E-Vi, our aim extends beyond electrifying India’s three-wheeler mobility, but creating a robust distribution channel with strategic partners to ensure unprecedented growth, driven by quality and excellence. We are establishing strategic industry collaboration to supplement this entire ecosystem to benefit the end use — addressing concerns like accessibility, nationwide service network, affordable financing options, swappable batteries and charging networks.”