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TII starts building factories for e-tractors, e-trucks in Chennai, Manesar

TII starts building factories for e-tractors, e-trucks in Chennai, Manesar
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Tube Investments ropes in Korean firm for 3-wheeler EV technology

Murugappa Group s Tube Investments India (TII) has said that it partnered with a Korean firm to design electric three wheeler. The Rs 38,000 crore Murugappa Group intends to enter complete automobile manufacturing through its group company TII, which is planning to make and sell electric three-wheelers. During an analyst call, Vellayan Subbiah, managing director, TII said that the company will start manufacturing and selling electric three wheelers by December to January time-frame. The technology for the EV three-wheeler, for which a prototype has already been developed, would be a combination of in-house as well as design support from a Korean company, he said without disclosing the company s name.

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