New Delhi, Oct 26 (PTI) Mahindra Electric Mobility Ltd, part of the Mahindra Group, on Tuesday said it has launched its electric three-wheeler Treo in Nepal priced at Nepalese rupee 8.4 lakh (around Rs 5.40 lakh) (ex-showroom).

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The lithium-ion-powered Treo is being imported to Nepal through the Completely Built Unit (CBU) form and is being manufactured at Mahindra's Bengaluru facility in India, Mahindra group said in a statement.

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The company has introduced the Treo 'soft top' variant in the country and bookings for the same have started in select areas of southern Nepal's Terai region, it added.

Commenting on the launch, Mahindra Electric Mobility Ltd CEO Suman Mishra said, "Nepal is a fast-developing economy, with eco-friendliness as well as long term sustainability on its agenda. With the Nepal government promoting electric vehicles the time is just right for us to launch our range of electric three-wheelers here."

Agni Energy, Mahindra's authorised EV distributor, will sell the Treo in Nepal.

(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)