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Electrifying entry by Altigreen in Chennai with 50 vehicles delivery on the launch day!

~ After successful expansion to cities such as Mumbai, Bangalore, Hyderabad, Ahmedabad and Pune, the company is all set to expand its footprint in Chennai ~


Chennai, 28th November 2022: India’s leading commercial electric vehicle maker Altigreen today inaugurated its brand-new retail experience centre in Chennai. This is the company’s ninth retail dealership in India in a span of 90 days. As per the company, the experience centre will allow EV enthusiasts to access Altigreen’s range of electric cargo vehicles. For the partnership, Altigreen opted to partner with the Lakshmi Group – one of the most reliable and experienced names in the industry. The Altigreen Retail Experience Centre is located in Ambattur, Chennai.

Headquartered in Hyderabad, the Lakshmi Group is a multi-dimensional rapidly growing automobile dealer with a vast experience of over 30 years in the industry. The Group Founder’s strategies and well-structured operations have led to the Group’s presence in other fast-growing cities like Bangalore, Chennai, Vijayawada, Visakhapatnam with dealerships of world renowned brands such as Hyundai, Nissan, Honda, Harley-Davidson, Ashok Leyland, Jaguar-Land Rover, Tata Commercial, Tata Passenger, KIA Motors, Hero Moto Corp, and MG Motors. Altigreen is the newest feather in this illustrious cap of the Lakshmi Group.

The Altigreen Retail Experience Centre in Chennai was launched at the hands of Chief Guest Sri. A N Raju, Deputy Managing Director, Sundaram Finance Ltd. With the launch of this retail dealership, Altigreen continues its commitment to providing its consumers with an enhanced and never-seen-before experience with world-class and modern infrastructure. Every element of the dealership has been designed to lend a welcoming feel, especially to all those walking in, including autorickshaw drivers, small business owners, and people from all walks of life. Altigreen has left no stone unturned to ensure the dealership reflects the company’s ethos of respect and empathy, and its endeavour to gain the trust of consumers through transparent dialogue.

In a first for India’s commercial EV segment, the Lakshmi Altigreen dealership delivered 50 EV vans to its customers on the very day of its launch. These numbers are a testament to the consumers’ indelible faith in Altigreen, and the rising demand for electric vehicles in the country.

Dr Amitabh Saran, Founder and CEO, Altigreen, said, “With this new Retail Experience Center in Chennai, we are continuing with our commitment to building a strong nationwide network to ease the process of transition from ICE to EVs. As a proud Made in India company, we are happy to be catering to the rising consciousness of consumers, especially in the commercial segment, toward sustainable mobility. We are delighted to partner with the Lakshmi Group in Chennai and deliver world-class products in multiple vehicle categories. We continue to invest significantly to strengthen our production and R&D capabilities while developing a robust pan-India distribution network to offer the best and cleanest last-mile transportation.”

Speaking at the occasion, K. Jairam, Managing Director of Lakshmi Group, said, “We are extremely pleased to partner with Altigreen to bring about the EV revolution in Chennai. As a group, we have always strived to be the most successful automobile dealer in the region by delivering the best customer experience in the markets that we serve. Our mission is to delight our customers by delivering sales and service experiences with high quality, excellent value, integrity and passion. By partnering with Altigreen, we are delighted to have an able partner in our mission to promote sustainable living and ease the transition to electric mobility.”

Currently, Tamil Nadu is on the verge of transitioning to new mobility solutions and has an established ecosystem for its vibrant automotive sector with a large pool of technical manpower, robust R&D capabilities, ancillaries auto components and manufacturing expertise. The sector has deep backward linkages with metal industries, capital equipment, trucking, warehousing, and logistics. In addition, it also has strong linkages with dealerships, retail, credit and financing, repair and maintenance, gas stations and service parts. This makes Tamil Nadu a unique destination for developing electric mobility ecosystems.

The State Government provides attractive incentives to ease the transition to EVs as per its EV policy. For three-seater auto rickshaws, permit fees are waived for e-autos, in addition to 100% road tax exemption and waiver on registration charges/fees as per the Government of India’s notification. For light goods carriers (including three-wheelers), there is no requirement for a permit for the three-wheeler goods, e-carriers as well as electric light goods carriers, in addition to 100% road tax exemption and waiver on registration charges/fees as per the Government of India’s notification.

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