India's 55th Richest Man, Zoho CEO Sridhar Vembu Shares Pics Of His New Electric Three-Wheeler
You would think that he would buy new supercars everyday with that kind of money, right? Well, Sridhar Vembu flaunted his all new ride on X recently and it is not what you would expect. He shared pictures of an electric three-wheeler the new Montra electric auto.
Zoho CEO Sridhar Vembu, a Padma Shri Awardee, ranks as the 55th richest individual in India, boasting a net worth of $3.75 billion, according to Forbes.
You would think that he would buy new supercars everyday with that kind of money, right? Well, Sridhar Vembu flaunted his all new ride on X recently and it is not what you would expect.
He shared pictures of an electric three-wheeler the new Montra electric auto.
Sridhar Vembu/X
Along with the photos, he wrote, "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!¡±
¡°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 further added.
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I am excited that my brand new electric auto Montra from the Murugappa Group is here ?
¡ª Sridhar Vembu (@svembu) April 20, 2024
Fast pick up and nice suspension. I am loving it! pic.twitter.com/ooNIeuazfG
All About Montra Super Auto EV
Sridhar Vembu, who also owns a Tata Nexon EV, expressed a preference for the Montra Super Auto EV, citing its two battery pack options, over 160 km range, and top speed of 55 kmph. He particularly favors the electric three-wheeler for trips under 10 km.
The Internet¡¯s Reaction
Zoho Corporation Founder Sridhar Vembu Success Story | Image Credit: Entrepreneur
His views on this electric auto were met with mixed reactions. One user wrote, "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," commented one person on Vembu's tweet.
Another cited the example of how Tata Nano failed the market fit due to stigma and that this auto will meet the same fate.
"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".
What are your thoughts on it? Tell us in the comments section below.
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