Founded in 2013 to replace manual rickshaws with "Made in India" electric alternatives, Mini Metro has spent 13 years refining its engineering for Indian road conditions. The company is now leveraging this experience to move beyond the e-rickshaw segment toward a high-tech automotive identity.
The Yugo reflects this transition by introducing features and capabilities that elevate expectations within the electric passenger vehicle India segment. It offers a certified range of 325 km per charge, addressing concerns around EV range per charge while supporting long daily operations for commercial users. Powered by a 14kWh lithium ion battery EV system, the vehicle integrates regenerative braking system technology along with hill hold and hill assist, ensuring efficiency and safety. These advancements place the Yugo among the more forward-thinking green mobility solutions currently entering the market.
Disciplined, Revenue-Positive Growth
Unlike many startups, Mini Metro operates on a revenue-positive model with near-zero debt. This conservative, "small but solid steps" approach led the company to cross the ₹200 crore revenue milestone in 2023. "Long-term success comes from solving real-life problems through financial integrity," said Karan Longyani, Co-founder. "Our growth has been defined by resilience, ensuring our foundation remains unshakable as we work toward our long-term goal of becoming a national player".
Strategic Investment for Mainstream Expansion
To support its evolution into a mainstream automotive OEM, Mini Metro is executing a ₹70 crore investment roadmap. ₹50 crore has already been invested in land acquisition and expanding the current facility, with the remainder to be funded through revenue or strategic debt.
A significant portion of this investment has already been directed toward expanding manufacturing infrastructure, with plans to integrate advanced technologies such as robotic welding and modern coating systems. These upgrades aim to deliver consistent quality while aligning with global electric mobility standards. At the same time, the company is preparing to introduce multiple new models, strengthening its footprint in the electric vehicle policy India-driven growth environment.
This expansion also ties into the broader development of EV infrastructure India, where improved manufacturing and product quality will play a crucial role in accelerating adoption. As innovations like battery swapping India gain traction, vehicles like the Yugo are expected to support a more flexible and scalable mobility ecosystem.
About Mini Metro EV LLP
Established in 2013, Mini Metro EV provides "Made in India" mobility solutions. Combining 13 years of experience with a revenue-positive model, the company is transitioning from an e-rickshaw specialist toward its long-term goal of becoming a mainstream automotive OEM.
