October 31, 2020

Etrio to launch in-house-developed electric three-wheeler and bicycle: Gets Rs 22cr funding

E-Trio has got more than 500 bookings for the Touro brand of commercial three-wheelers ahead of launch. The launch is scheduled for October 2020.

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E-Trio is a Hyderabad start-up that specialises in converting conventional-fueled vehicles to electric. The brand has received approval from the ARAI for fitting these kits. These converted vehicles include a Maruti Suzuki WagonR, Dzire, Alto and so on. There are multiple load carriers also involved. Now, E-Trio has received a fresh series of funding. The funding is in excess of Rs 22 crore and has been invested by Janardhan Rao, founder of Triumph Global Group. The group is based out of Singapore. This specific investment will be used to further E-Trio’s new bicycle and three-wheeler brands. Yes, E-Trio is working on an all-new electric three-wheeler called Touro. The launch is scheduled for next month. There are going to be two variants –

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