Atul Auto came into being in 1970 to provide simple transport solutions for the rural folks in Gujarat. Now the company has grown up with a manufacturing plant with a capacity o
India is the largest producer of 3-wheelers in the world. They produce 0.8 million units every year and around 0.36 million units are exported to African, Latin America and other South Asian countries. The sector is set to grow in passenger segment, as it makes the affordable transport for shorter distance. It also offers a good option for last mile connectivity in goods transport. With the launch of mini trucks from Tata Ace, Mahindra Maxximo it has eaten some of cargo segments from 3 wheeler with better load carrying capability without losing any advantage of 3 wheelers. They have better stability, safety, speed style and space. The cargo 3-wheeler segment has registered a negative growth of 9% CAGR over the 3 years, while the mini truck 4 wheelers have grown an impressive 21%.
Terra Motors, a Japanese company is planning to launch electric 3 wheelers in India in 2015. The model R6 is being tested by the certification agency and they aim around 10000 unit sales by this year. On a single charge, the electric vehicle can go upto 100 kms. Terra Motors sells the same vehicle in China without any homologation. It is also expected to launch similar 2-3 variants of e-rickshaws with competitive price. The battery, power train, controllers and chargers are extensively tested for the Indian market based on market research.