a Compound Annual Growth Rate (CAGR) of 6.9 per cent. Electric vehicle manufactures have ignored this segment completely!

Only ₹5 lakh!

“It costs ₹5 lakh a piece as against ₹6 lakh that the regular tractor is priced at. Moreover, it will cost ₹20-35 to run the e-tractor for an hour as against ₹150 that the farmers spend every hour that they use,” Durairajan said.

The firm, which began its operations in 2019, raised $2,00,000 from a Singapore-based Angel Investor.

They plan to produce 100 units a month in the first year. Then ramp up the production in the next 2-3 three years to produce an aggregate 8,000 vehicles

Besides targeting the farm sector, the start-up is also looking at selling the tractor to factories, warehouses and airports for movement of goods and baggage.

Features:

• ₹5 lakh vs ₹6 lakh for regular tractor,
• Cost ₹20-35 to for an hour vs ₹150 cost for diesel tractor
• Battery swapping,
• Regenerative braking,
• Power inversion (use the tractor to power a UPS),
• 6HP electric tractor equivalent to 21HP diesel tractor,
• 75 km on a single charge,
• Top Speed of 20 km an hour,
• Charging: 6 Hrs slow charge & 2 hrs fast charge (3PhaseLine)
• Almost zero maintenance vs very high maintenance cost