Back Portfolio / Altigreen

SSIO – III

Altigreen is revolutionizing the last mile commercial EV segment in India. Founded in 2013, it has designed, developed, and manufactured an in-house 3W Cargo EV vehicle which has been conceptualized for the needs of Indian conditions and is superior to its peers in terms of speed, range, cargo dimensions, suspension, ground clearance, and above all low TCO. With great results on the ground that exudes customer confidence, Altigreen has 200+ vehicles on road and is targeting do volumes of 15,000+ vehicles over the next 18-24 months.

Founded by Dr Amitabh, Shalendra, Dr Lasse and Dr John, the founding team has over 30 years of deep expertise across building control systems and high-performance motors and electronics coupled with experience in finance, business development, and manufacturing. They have 26 global patents to their credit.