EV startup Altigreen opens first 3-wheeler showroom in Bengaluru, plans 30 more by March end

Venture capital-backed commercial EV startup Altigreen on Tuesday opened its first 4000-square foot showroom-cum-experience centre for its commercial 3-wheelers at Peenya in Bengaluru in partnership with Magnum Ventures.

Karnataka’s IT/BT Minister CN Ashwath Narayan opened the showroom, which will also handle servicing, retailing parts, and charging. The Minister quoted reports to say the EV market would be worth Rs 475 billion by 2025as concern for the environment has led people to increase their interest in electric vehicles