Altigreen's First Retail Dealership In Bengaluru Now Open

Dr CN Ashwath Narayan, Hon’ble Minister for Higher Education, IT-BT, Science & Technology, Skill Development, Govt of Karnataka inaugurated renowned and leading EV maker Altigreen’s first retail dealership in Bengaluru.

During the inauguration ceremony, the company’s efforts of becoming the leader in India’s electric vehicle market and how it has transformed the EV space to become an advanced commercial EV maker were expressed in the speech given by the Hon’ble Minister. Dr CN Ashwath Narayan also congratulated Dr MP Shyam for setting up the dealership.

With the launch of Altigreen’s first retail dealership in Bengaluru, the brand aims on providing its customers with advanced and enhanced performance-oriented vehicles through a never-seen-before experience with world-class and modern infrastructure. It is believed that every aspect of the dealership is focused on helping its customers have the best experience which reflects the company’s top-class standards. 

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Speaking on the occasion, Dr CN Ashwath Narayan said, “The concern for the environment has led people to increase their interest in electric vehicles. Not only this, but the cost of fuel can also decrease substantially as all it needs are a few units of electricity. 

As per reports I was going through recently, the worth of the electric vehicles market would be INR 475 Billion by 2025. I congratulate Altigreen for opening its first dealership in the city. This dealership will make EVs more accessible to the people of Bengaluru and tempt them to transition from fossil fuels to Electric.”

The inauguration of the dealership began with a lamp lighting ceremony where Dr Amitabh Saran, Founder & CEO, of Altigreen addressed those present. Dr Saran spoke about Altigreen’s expansion and future plans. He said, “In the B2B segment, the company is well-positioned to cater to the needs of large institutional customers and intends to take a leadership position. 

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Altigreen further believes it is important to cater to the Market Load Operators (also referred to as the B2C segment) who contribute up to 80% of the overall market. I want to thank the honourable Minister Dr CN Ashwath Narayan for his presence and encouragement. The first retail dealership in Bengaluru is the start of our journey in establishing a national footprint. Innovation and R&D form the nucleus of our growth. 

Going forward, we will continue to deliver the most advanced EVs best-suited for Indian cargo and passenger mobility needs. Dealer and Channel partners will be the catalyst for market expansion and enable our fast growth journey. We intend to expand to the top 40 cities in the next 6 months.”

Also speaking on the occasion, Dr MP Shyam, Owner, of Magnum Ventures, said, “It gives us immense pleasure to partner with a strong brand like Altigreen. We firmly believe the future of mobility is electric and we wish to champion this cause. With Magnum Ventures - Altigreen’s first retail dealership in Bengaluru, we are proud to display and sell Altigreen’s world-class products under one roof.” 

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