Amitabh Saran, CEO, Altigreen, estimates the small cargo-carrying commercial EV segment in India has market potential of 1.3 million units per annum.
Altigreen aims to set up 30 showrooms across India by end-March 2023.
Dealership business model best suited to cater to last-mile delivery EV market: Altigreen

Bengaluru-based Altigreen eyes market opportunity in the unorganised last-mile delivery EV category, which forms about 85% of the total small cargo-carrying EV market in India. 

07 Mar 2023 | 5386 Views | By Mayank Dhingra

Bengaluru-based small commercial electric vehicle manufacturer Altigreen Propulsion Labs, which is on a rapid expansion spree across India, is betting big on the traditional showroom retail model to drive growth in its business.

Within a span of 12 months, Altigreen has already opened 17 retail outlets in key cities ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

Copyright © 2025 Autocar Professional. All Rights Reserved.