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Old 14th November 2019, 15:06   #1
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Default ETO Motors orders 50 Electric Cargo Vehicles from BYD

ETO Motors has signed an agreement with BYD to deploy a fleet of 3 and 4-wheeler electric cargo vehicles in India. The company has placed an order for 50 T3 cargo EVs.

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The 3-wheeler fleet will include electric rickshaw, electric cart, electric auto (L5M and L5N category) and electric 3-wheeler cargo. The 4-wheeler fleet includes 4-wheeler commercial cargo vehicles.

These EVs will be designed and manufactured by BYD and will use the company's battery, electric motor, motor controllers and powertrains.

ETO Motors plans to deploy 4,000 electric vehicles across 20 cities.

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Old 14th November 2019, 18:41   #2
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Default Re: ETO Motors orders 50 Electric Cargo Vehicles from BYD

Quote:
Originally Posted by TusharK View Post
ETO Motors has signed an agreement with BYD to deploy a fleet of 3 and 4-wheeler electric cargo vehicles in India. The company has placed an order for 50 T3 cargo EVs.
Looks like Nissan NV200 - (read Nissan Evalia)....
If BYD can then why not Nissan.

If not they themselves (fear of failure -brand value drop).
They could've collaborated!!!
Nissan had already lent it to Ashok Leyland - (read Ashok Leyland-Stile)

Why don't these giants flex the right muscles, In India??

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Last edited by Rudra Sen : 14th November 2019 at 18:47.
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Old 14th November 2019, 19:31   #3
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Default Re: ETO Motors orders 50 Electric Cargo Vehicles from BYD

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Originally Posted by TusharK View Post
ETO Motors has signed an agreement with BYD to deploy a fleet of 3 and 4-wheeler electric cargo vehicles in India. The company has placed an order for 50 T3 cargo EVs.
Looks like the deal seems to be more than an agreement. ETO motors entered into an exclusive partnership with BYD to assemble electric cargo three- and four-wheelers for the Indian market. The vehicles will be assembled from kits imported from China at ETO's plant near Hyderabad similar to partnership with partnership between Olectra and BYD for electric buses.

Apart from assembling electric vehicles, ETO also provides electric logistics solutions. The company had placed an order for 50 of BYD's T3 cargo vans which and targets to deploy 2,000 such vehicles by March 2020, as per Mathews. It is already in talks with companies like Flipkart, Ikea, and Delhivery, etc...

Source:
https://auto.economictimes.indiatime...india/72057718
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Old 15th November 2019, 12:28   #4
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Default Re: ETO Motors orders 50 Electric Cargo Vehicles from BYD

Any idea whether T3 leasing can be done by small businesses?
I couldn't find any website or information source for the same.
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