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This Indian billionaire, Padma Shri Awardee now has an electric three-wheeler. Here's why

Zoho CEO Sridhar Vembu is a Padma Shri Awardee and the 55th richest person in India with a net worth of $3.75 billion as per Forbes.

Published on: Apr 25, 2024, 07:53:50 IST
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Zoho CEO Sridhar Vembu shared pictures of his electric three-wheeler on social media. The Padma Shri Awardee, who is the 55th richest person in India with a net worth of $3.75 billion as per Forbes, shared photos of his new Montra electric auto on X (formerly Twitter).

Zoho CEO Sridhar Vembu shows off his new electric three-wheeler.
Zoho CEO Sridhar Vembu shows off his new electric three-wheeler.

Sridhar Vembu wrote along with the photos, "I am excited that my brand new electric auto, Montra from the Murugappa Group, is here. Fast pick up and nice suspension. I am loving it!”

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“The electric auto is a great and safe upgrade from a scooter or motorcycle. I like to think of it as the family scooter. Easy to navigate through tight spaces, easier to park... One of these days, the e-auto will take off in the consumer market. I hope the Montra breaks through there," he added.

The Montra Super Auto EV has two battery pack options and a range of over 160 km as well as a top speed of 55 kmph. Sridhar Vembu also has a Tata Nexon EV but he said that he prefers the electric three-wheeler for trips under 10 km.

Social media users had mixed responses to Sridhar Vembu's post. While one person commented, “Unfortunately, autos are considered infra-dig and not aspirational to most people as just a personal vehicle. Only those with dual use (business cum personal) may go for it.”

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Another said, "I tried to convince my grandson (8 years and born curious) to think of it as a chariot but other elders in the family dissuaded him from dreaming. Meanwhile foreigners hold "tuk tuk" rallies."

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