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MTA E-Mobility
Mt autocraft manufactures electric vehicles and components
About MTA E-Mobility
MTA EV, established in 2020, is a forward-thinking company specializing in electric mobility solutions. The company operates in the burgeoning electric vehicle (EV) market, focusing on creating sustainable and smart green mobility options. MTA EV serves a diverse range of clients, including individual consumers, businesses, and governmental bodies looking for eco-friendly transportation alternatives.
The company is currently building its first manufacturing facility in the Prithla Industrial Area of Palwal in Haryana, India. This facility spans 130,000 square feet and is designed to be fully sustainable, utilizing mostly natural lighting to reduce its carbon footprint. This aligns with MTA EV's commitment to environmental sustainability.
MTA EV's business model revolves around the production and sale of electric vehicles. The company generates revenue through the direct sale of its EVs, as well as through potential partnerships and collaborations with other businesses and government entities. The recent seed funding of Rs 100 crore underscores the strong financial backing and investor confidence in the company's vision and execution capabilities.
Founded by Mr. Anil Sehgal, who has a rich history of entrepreneurship dating back to 1983 with MT Autocraft, MTA EV leverages decades of industry experience and a dynamic team of young professionals to drive innovation and growth.
Source: Dealroom company dataAt a glance
- Founded
- 2020
- Headquarters
- Shimla, India
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