Altigreen Launches neEV Tez In India

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Altigreen launches ‘neEV Tez’ — a fast-charging variant of our popular and successful electric cargo 3-wheeler ‘neEV.’ Altigreen neEV Tez — which fully charges in just 15 minutes — will be initially available in Bengaluru before a pan-India rollout.

neEV Tez is powered by a special battery pack (e^pack) made by Bengaluru-based startup Exponent Energy. The Tez EV — when plugged into Exponent’s charging station (e^pump) — is able to rapidly charge from zero to 100% in 15 minutes flat. Exponent’s clever charging technology makes it possible to use affordable and safe lithium ferro-phosphate cells (LFP) in its liquid-cooled battery pack. Exponent’s battery pack comes with an unprecedented warranty of 3,000 fast-charge cycles, making rapid charging both financially viable as well as scalable.

neEV Tez, which features an 8.2 kWh e^pack, starts at a price point of Rs.3,55,000, with a 5-year / 1-lakh km vehicle warranty, and a battery warranty of 5 years / 1.56-lakh km. Tez delivers a ​​city driving range of 85 km. Under ARAI test conditions the range is even higher: 98 km.

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Altigreen Founder and CEO, Dr. Amitabh Saran, said, “neEV Tez will ensure maximum utilisation of the vehicle owing to its long range and low charging time. This means an end to range anxiety and a higher earning opportunity for the driver/owner.”

Exponent Co-founder and CEO, Arun Vinayak, added, “We’re proud to launch the world’s fastest charging 3-wheeler EV — the neEV Tez — in partnership with Altigreen. While the neEV series already has best-in-class volumetric load capacity and ground clearance, the Tez variant with a 15-minute full charge and 3000 cycle-life warranty is just an unbeatable proposition.”

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