The Economic Times

Montra bets on heavy electric trucks to hit $1-billion revenue milestone by 2030

Montra Electric has set an ambitious goal of reaching one billion dollars in revenue by 2030, with electric trucks playing a vital role by contributing seventy percent of that figure. Heavy trucks are projected to bring in fifty percent of the total. Additionally, small commercial vehicles and three-wheelers are expected to enhance sales significantly, as the company anticipates over fifty percent annual growth in its electric heavy truck segment.