Mahindra Electric and Three Wheels United (TWU) signed MoU to provide affordable financing for auto rickshaw drivers and to sell 2000 units of the Treo Electric three-wheeler which was launched last week.
The MoU was signed during Auto Day 2018 in the presence of several senior officials and dignitaries. The event is organized by Three Wheels United (TWU) every year which brings together almost 5000 auto drivers.
Under the MoU Three Wheels United (TWU) will use Mahindra’s NEMO (Next Generation Mobility Solution) as the preferred mobility solution platform
Mahesh Babu, CEO Mahindra Electric said, “As the pioneers of electric mobility, we are happy to join hands with Three Wheels United to help accelerate the adoption of the Mahindra Treo. Built on India’s first Lithium-ion battery, three-wheeler platform, we are confident that the Treo will transform the way urban India travels. Associations with partners like these will make it easier for drivers to adopt electric mobility, and for our cities to be more environment friendly.”
The Treo range of electric three wheelers uses Mahindra Electric’s home grown powertrain and maintenance free Lithium ion battery. The variants include Treo electric auto and Treo Yaari electric rickshaw, both available in the industry first hard top weather proof variants.
The Treo is powered by a 7.47 kW Lithium-Ion battery which produces 5.4 kW of peak power and 30 Nm of peak torque and has a drive range of 130 km.It takes 3 hours 50 minutes to full-charge the Treo. On the other hand Treo Yaari range is powered by a 3.69 kW lithium-ion battery which develops 2 kW of peak power and 17.5 Nm of peak torque and has a drive range of 80 km. Treo Yaari can be completely charged in 2 hours 30 minutes.
Other features include digital dashboard, space-frame architecture, cloud based mobility platform and larger windscreen.