Etrio’s flagship model ‘Touro Max’ vehicles would be deployed across many first-mile & last-mile logistics and commercial transport use-cases
In the latest update from the Electric Vehicles industry, EV financing platform, Turno recently entered into a long-term strategic alliance with commercial EV manufacturer, Etrio Automobiles, to deploy 1,000 e-three-wheelers pan-India in a one-year time period.
The EV maker stated that the deployment of these vehicles will start in cities like Delhi, Hyderabad, and Chennai, where both Etrio and Turno have a strong presence. It further said that they would then eventually expand to other parts of the country.
The CEO & co-founder of Turno, Hemanth Aluru remarked: “The partnership with Etrio is strategically aligned with our vision to create viable financial solutions for promoting commercial EV adoption.”
It is learnt that the collaborators will also work together to improve vehicle intelligence. The company noted that under the deal mentioned above, the eCV makers’ flagship model ‘Touro Max’ vehicles would be deployed across a plethora of first-mile and last-mile logistics and commercial transport use-cases — including retail and e-commerce logistics, gas delivery, agri-logistics, among others.
The MD & co-founder of Etrio Automobiles, Kalyan C Korimerla pointed out, “The partnership with Turno is aligned to our growth agenda. It will enable us to scale our vehicle deployments across diverse commercial EV use cases, pan India besides helping us provide affordable EV financing solutions to our customers.”
As per a statement from Etrio, it will also work closely with its partner to develop EV financing options for minimising vehicle delivery timelines, maximising asset utilisation and improving the vehicles’ residual life.
2017-born Etrio is an EV company with a vision to provide ‘EV for All’. It offers two-, three- and four-wheeler electric vehicles and aims to transform the environment, lives and businesses.
