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BENGALURU, 2 August 2023: Tresa Motors, a prominent OEM manufacturer specializing in medium and heavy electric trucks, is set to make significant investments in its manufacturing and research and development (R&D) facilities. The company’s newly appointed Chairman, Vinod K Dasari, revealed plans to inject INR 500–1000 crore into these expansions.
Exploring Potential Locations
Tresa Motors is currently in the process of evaluating potential locations for its manufacturing and R&D facilities. The states of Karnataka and Tamil Nadu are the frontrunners for hosting these facilities. The official announcement regarding the chosen location is expected within the next 2–3 months, as per the chairman’s statement to businessline.
Company Overview and Product Development
Tresa Motors, based in Bangalore and founded in 2022 by Rohan Shravan and Ravi Machani, has primary expertise in industrial design, electric powertrains, and battery-related technology. The company is focusing on developing electric trucks in the 18- to 55-tonne GVW segment.
Initial Product Launch and Timeline
Tresa Motors has ambitious plans for its product lineup. According to the chairman, their entire range will be in the 11-ton GVW segment, with the initial product being an 18-tonne vehicle. The prototype of this product is set to be showcased in the first week of September, followed by homologation and production preparations. The estimated timeline for the first output to be available is 2026.
Emphasis on Commercially Viable Electric Vehicles
Chairman Vinod K Dasari highlighted the significance of developing electric vehicles that are commercially viable for the Indian market. Tresa Motors is actively working on designing vehicles with options for overnight charging and fast charging capabilities, enabling a substantial distance coverage of 400–500 km on a single charge. The company aims to leverage Indian talent in achieving these goals.
Workforce Expansion
As part of its expansion plans, Tresa Motors envisions increasing its current headcount of 40–50 employees to over 1,000 employees within the next two years. This step is indicative of the company’s commitment to scaling up its operations and contributing to India’s electric vehicle sector.
Conclusion
Tresa Motors, a promising electric truck manufacturer, is preparing to invest significantly in its manufacturing and R&D facilities. With a focus on producing commercial-grade electric vehicles and leveraging Indian talent, the company aims to make a substantial impact on the Indian automotive market. As the automotive industry continues to embrace sustainable solutions, Tresa Motors is poised to play a pivotal role in shaping the future of electric mobility in India.
