Mahindra -; Mahindra launches Electric 3-wheeler e Alfa Cargo

27 Jan 2022 , 11:30 AM

Mahindra & Mahindra Limited, announced the launch of Electric 3-wheeler e Alfa Cargo through its subsidiary Mahindra Electric Mobility Limited (MEML). The e Alfa Cargo is attractively priced at Rs 1.44 lakh, ex-showroom Delhi. An e Alfa Cargo owner can save up to Rs 60 000 per year in fuel costs when compared with a diesel cargo 3-wheeler. This launch embarks the entry of Mahindra in the fastest-growing e-cart segment.

Suman Mishra, CEO of Mahindra Electric Mobility Limited, said, “The last-mile delivery segment is seeing excellent adoption of electric 3-wheelers due to significant operating cost advantages versus fossil fuel-powered 3-wheelers. We are now launching the e Alfa Cargo e-cart in response to the customer requirements in this segment. With savings of Rs60000 over a diesel cargo 3-wheeler, the e Alfa Cargo aims to provide a sustainable, pollution-free solution in the cargo segment.”

E Alfa Cargo’s dual-speed manual transmission with an integrated differential ensures a good gradeability of 7 degrees. It has a peak power capacity of 1.5 kW while using the unique additional High Torque gear. It has a large and wide cargo tray of payload capacity of 310 kg, which will cater to the demands of the customer in this segment.

The e Alfa cargo comes with an off-board 48 V/15 A charger, making it easy to charge just like a mobile phone. Mahindra & Mahindra operates India’s largest service network of more than 300 outlets for electric 3-wheelers.

Mahindra & Mahindra is currently trading at Rs851.30 down by Rs2.7 or 0.32% from its previous closing of Rs854 on the BSE. The scrip opened at Rs851 and has touched an intraday high and low of Rs853.90 and Rs841.05 respectively.