Sustainable Mobility startup Dandera Ventures has launched cargo electric three-wheeler, OTUA. The cargo EV sports several features, including high volume, load carrying capacity of 900 KGs, and range of 165 kilometres on a single charge. OTUA variants to be priced between  ₹3,50,000 – ₹5,50,000  and will also be available on a subscription basis. The vehicle is targeted for use by logistics and last-mile delivery companies and will soon be available for retail purchase by individual drivers or owners in select markets across India. OTUA has been designed completely from the ground up as an electric vehicle and is a 100 per cent indigenous product, with all parts and components, including the batteries designed and manufactured in India.

Kshitij Bajaj, Founder and CEO of Dandera Ventures said, “OTUA raises the bar for everything that last mile delivery drivers and fleet owners have come to expect from a cargo EV. From world-class and industry-leading driver ergonomics and safety to outright performance in terms of range, volume, capacity; OTUA is the first cargo EV to offer an uncompromising vision of transitioning to sustainable mobility for the global logistics and last mile delivery industry.”

The Indian last-mile delivery and logistics industry is witnessing an exponential growth and is set to grow to a $5 billion market over the next couple of years. Kanav Manchanda, Founder and COO of Dandera Ventures said, “Dandera is committed to not just support, but also fast-track the logistics industry’s transition to sustainable mobility with its industry-leading portfolio of commercial EVs. Both OTUA, and Dandera, have been developed to set new standards in the EV industry. Where the OTUA is primed to be India’s most sophisticated EV, its roll out is also planned in a manner that enables efficient adaptability. The future is ours for the taking.”

Dandera Ventures is a portfolio company of Xponents Venture Studio and has raised capital from Xponents and its partners. Sarth Jain, Founder of Xponents said, “The launch of OTUA marks a major step in Dandera’s journey to develop a complete ecosystem for the transition of last-mile delivery logistics to electric vehicles, serving the needs for both B2B and B2C logistics. OTUA’s launch has the potential to fundamentally change the way intracity and in-city distribution is executed, the impact it has on our environment. The team at Dandera will continue to work on design innovation and developing newer technologies for more efficient and widely usable EVs.”