The Murugappa Group has re-entered the electric vehicle (EV) business. Fourteen years after the Chennai conglomerate first manufactured and sold electric scooters in 2008, its group company, The Tube Investments of India (TII) launched an electric 3-wheeler under an all-new brand, Montra Electric. TII’s EV business will be overseen by its subsidiary, TI Clean Mobility (TICMPL).
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