In collaboration with Magnum Ventures, the venture capital-backed commercial EV firm Altigreen has established its first 4000-square-foot showroom/experience center for its commercial 3-wheelers at Peenya in Bengaluru.
The dealership was inaugurated by the IT/BT Minister for Karnataka, CN Ashwath Narayan. The dealership will also handle servicing, selling components, and charging.
The EV market is expected to be worth Rs. 475 billion by 2025 as people’s interest in electric vehicles has increased due to environmental concerns.
The 10-year-old Altigreen has its corporate office in Bengaluru, and 4500 automobiles may be produced every month at its modern manufacturing plant in Malur, Kolar district.
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