Mumbai, Jul 1 (PTI) EV maker e-Ashwa Automotive on Friday launched its first e-auto for the passenger segment.

The company said its entry in the passengers segment is aimed at expanding its electric three-wheeler segment.

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With a mileage of 90-100 kms and a maximum speed of up to 25 kmph, the budget e-auto offers a good solution for the existing traditional rickshaw drivers looking at better options to shift to eco-friendly, affordable and low maintenance vehicles due to the rising fuel prices, it added.

Powered by Lithium Ion and Lead Acid battery, which can be charged in 3-4 hours and 7-8 hours, respectively, it said in a release.

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"We operate in the affordable electric mobility segment and autos are a key enabler in bridging the last-mile mobility gaps. With the launch of our e-auto, we want to make the auto driver's journey much more convenient and most importantly increase in earnings due to limited running, maintenance and overall ownership cost," Vikas Gupta, Founder & CEO of e-Ashwa Automotive, said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)