Mumbai, September 11, 2025: Mercury EV-Tech has a MUSHAKchieved a significant milestone with permanent regulatory approval to manufacture its EV, a 4-wheeled battery-operated goods carrier designed under the N1 vehicle category. The approval enables the company to produce a durable, locally made electric vehicle tailored to commercial transportation needs, while making it eligible for government subsidies.
MUSHAK EV Receives Manufacturing Clearance
With the permanent certification in place, Mercury EV-Tech can commence large-scale production of the MUSHAK EV. The vehicle features a gross vehicle mass (GVM) of 2,085 kg, seating for two passengers, and a top speed of 69 kmph. The approval ensures long-term manufacturing assurance, allowing the company to strengthen its position in the growing electric commercial vehicle market.
Key Features
- Robust Build: The MUSHAK EV comes with an unbreakable body for enhanced safety and durability.
- Make in India Initiative: Fully manufactured within India, the vehicle supports domestic production and local supply chains.
- Subsidy Eligibility: As a government-approved EV, it qualifies for potential EV subsidies, making it a cost-effective option for businesses.
Strategic Implications for Mercury EV-Tech
The approval enhances Mercury EV-Tech’s competitive position in the commercial EV space. It aligns with evolving logistics demands, enabling the company to expand its product portfolio while offering practical solutions for urban and rural transportation. The MUSHAK EV’s combination of durability, affordability, and government-backed benefits positions Mercury EV-Tech for accelerated growth.
Market Outlook
The commercial electric vehicle sector in India is witnessing robust growth, fueled by government incentives, rising fuel costs, and sustainability goals. With the launch of the MUSHAK EV, Mercury EV-Tech is well poised to capture market share, especially in small and medium-sized businesses requiring efficient, reliable, and eco-friendly goods carriers.
Summary
Mercury EV-Tech has secured permanent regulatory clearance to produce the MUSHAK EV, a locally manufactured 4-wheeled battery-operated goods carrier. With its durable design, Make in India credentials, and potential for EV subsidies, the vehicle strengthens Mercury EV-Tech’s presence in the commercial electric vehicle market, positioning the company for growth in both urban and rural logistics segments.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.