M&M launches 'eSupro' electric vans at Rs 8.5 lakh
Mahindra and Mahindra (M&M) has launched cargo electric and passenger van 'eSupro' in New Delhi on Thursday.
"The eSupro van will cater primarily to the business to business (B2B) segment and will be available across M&M's pan-India dealerships with immediate effect," the company said in a filing to the BSE.
The van will have two zero emission variants namely eSupro Cargo Van and eSupro Passenger Van.
The car maker has priced eSupro Cargo Van at Rs 8.45 lakh and eSupro Passenger Van at 8.75 lakh (ex-showroom New Delhi; post state subsidy and FAME incentives).
"The launch of eSupro will usher in a whole new concept in emission-free cargo transportation and people movement. Going forward, the eSupro will provide a much-needed fillip to companies in the B2B and e-commerce segment," said Mahindra and Mahindra (M&M) president and chief-automotive Pravin Shah in a statement.
The eSupro is powered by the latest electric drive train technology from Mahindra Electric, a high-torque electric motor and a direct drive transmission, the statement said.
"Owing to its host of commercial applications and its suitability for last mile connectivity, the eSupro platform is ideally suited for deployment in e-commerce, courier services and transportation companies for intracity use," Mahindra Electric chief executive officer Arvind Mathew said in a statement.
The eSupro comes with direct drive transmission with a single speed gearbox and sophisticated speed management of the motor that allows occupants to cruise through traffic effortlessely without shifting gears.
The eSupro can travel up to 112 kilometres (based on vehicle loading) and can achieve a top speed of 60 kilometres per hour.
For charging of the vehicle, the user has to plug it into a 15 amp plug point and get a 0 to 100% charge in 8 hours 45 minutes. Moreover, it comes with 72 V battery pack of long-life, maintenance-free lithium-ion batteries.
At 14:00 hours, the stock of Mahindra and Mahindra (M&M) was trading down 1.82% or Rs 25.40 at Rs 373.50 on the BSE .
See LIVE stock updates of Mahindra and Mahindra (M&M) here-
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
03:15 PM IST