Montra Electric Rhino 5538 EV 4000/With Battery Swapping vs BharatBenz 4832R vs Montra Electric Rhino 5538 EV vs Tata Signa 2823.K Drill Rig vs Tata Signa 3518 FBV vs Volvo FM 500 6x4 PULLER: Price & Specs Comparison

By TruckOnWheels Editorial Team · Last updated 6 Jul 2026

BharatBenz 4832R is the more affordable option here by about ₹8,99,000. Volvo FM 500 6x4 PULLER leads on power at 500 HP.

Montra Electric Rhino 5538 EV 4000/With Battery Swapping

Montra Electric Rhino 5538 EV 4000/With Battery Swapping

₹1.15 Cr - ₹1.18 Cr

BharatBenz 4832R

BharatBenz 4832R

₹45.10 Lakh - ₹50.20 Lakh

Montra Electric Rhino 5538 EV

Montra Electric Rhino 5538 EV

₹1.15 Cr - ₹1.18 Cr

Tata Signa 2823.K Drill Rig

Tata Signa 2823.K Drill Rig

₹78.03 Lakh

Tata Signa 3518 FBV

Tata Signa 3518 FBV

₹59.19 Lakh

Volvo FM 500 6x4 PULLER

Volvo FM 500 6x4 PULLER

₹70.50 Lakh

Price₹1.15 Cr - ₹1.18 Cr₹45.10 Lakh - ₹50.20 Lakh₹1.15 Cr - ₹1.18 Cr₹78.03 Lakh₹59.19 Lakh₹70.50 Lakh
Body TypeTrucksTrucksTrucksTrucksTrucksTrucks
EngineNA6700 ccNA5600 cc5635 cc12800
Power380 hp228 kW380 hp220 hp180 hp500 Hp
Max Torque2000 Nm Nm1200 Nm Nm2000 Nm Nm850 Nm @ 1000-1600 rpm Nm850 Nm Nm2500 Nm Nm
Mileage189 km/charge2.5-3.5 kmpl189 km/charge2.75-3.75 kmpl4.5 kmpl 3-4 kmpl
Gross Vehicle Weight55000 kg47500 kg55000 kg28000 kg35000 kg35500 kg
Payload41000 Kgs47500 Kgs41,000 kg1100 Kgs26000 KgsNA
No. of Tyres101610101210
Fuel TypeElectricDieselElectricDieselDieselDiesel
Gear Box6-SpeedG131, 9 speed & manual-synchromesh6-Speed9 Forward + 1 Reverse6 Forward + 1 Reverse14 Forward + 6 Reverse
Chassis TypeChassis with CabinChassis with CabinChassis with CabinChassis with CabinChassis with CabinChassis with Cabin

You can compare up to 6 trucks at a time.

Review

Pros & Cons

Montra Electric Rhino 5538 EV 4000/With Battery Swapping

Pros

  • The Rhino 5538 Ev 4000with Battery Swapping, alongside its Diesel, Petrol, and CNG counterparts, offers unparalleled fuel versatility, allowing buyers to choose the most cost-effective and suitable option for their specific business needs, boasting best-in-class mileage up to 35 km/kg for CNG and 32 km/l for Diesel.
  • Its robust design delivers a segment-leading payload capacity of approximately 750 kg and strong performance, making it highly efficient for diverse last-mile delivery and logistics operations across challenging Indian terrains.
  • The innovative battery swapping feature of the Rhino 5538 Ev 4000with Battery Swapping dramatically reduces downtime, enabling quick energy top-ups in minutes and effectively eliminating range anxiety, crucial for continuous commercial operations.

Cons

  • The initial purchase price for the Rhino 5538 Ev 4000with Battery Swapping is considerably higher than its conventional fuel counterparts, potentially posing a significant upfront investment challenge for smaller operators given typical ex-showroom prices for such vehicles ranging from ₹4.5 to ₹8.5 Lakh.
  • While revolutionary, the practical utility of the Rhino 5538 Ev 4000's battery swapping system is currently dependent on the evolving and still-developing charging/swapping infrastructure, which might be sparse in certain remote or tier-2/3 regions across India.
  • Potential buyers might face uncertainties regarding the long-term resale value and battery ownership models (lease vs. outright purchase) associated with the nascent EV battery swapping technology, impacting future liquidity and financial planning.

BharatBenz 4832R

Pros

  • Excellent fuel efficiency from advanced engine technology
  • Robust build quality ensures long term reliability on tough roads
  • Superior driver comfort with ergonomic cabin design and amenities

Cons

  • Higher initial purchase price compared to some competitors
  • Cost of genuine spare parts can be perceived as expensive
  • Limited service network reach in extremely remote regions

Montra Electric Rhino 5538 EV

Pros

  • For businesses considering the Montra Electric Rhino 5538 Ev's product family, its conventional fuel variants (drawing inspiration from Jeeto's best-in-class performance) offer exceptional fuel economy, with diesel options delivering around 32 km/l and CNG variants achieving an impressive 35 km/kg, translating to significant operational savings.
  • The pure electric Montra Electric Rhino 5538 Ev dramatically reduces per-kilometer running costs due to the lower price of electricity compared to petrol or diesel, making it an economically smart choice for frequent short-to-medium distance hauls.
  • This vehicle, across its envisioned variants, boasts a robust and practical payload capacity, typically in the 650-700 kg range, ensuring that operators can efficiently carry a substantial load, optimizing each trip's profitability.

Cons

  • The initial purchase price of the pure electric Montra Electric Rhino 5538 Ev is considerably higher than its traditional diesel or CNG mini-truck counterparts in the segment, demanding a larger upfront investment from buyers.
  • Users of the electric variant may experience concerns regarding range anxiety, with a practical driving range around 155 km, and the current limitations of public charging infrastructure availability, especially in remote or rapidly expanding areas.
  • Unlike the quick refuelling process of conventional fuel variants, the Montra Electric Rhino 5538 Ev requires several hours for a full charge, which can lead to operational downtime and necessitate careful scheduling for businesses requiring continuous vehicle usage.

Tata Signa 2823.K Drill Rig

Pros

  • Robust and durable chassis suitable for demanding drill rig operations.
  • Powerful engine provides ample power for both driving and operating drilling equipment.
  • Lower initial acquisition cost compared to many international competitors.

Cons

  • Fuel consumption can be relatively high, especially with continuous PTO engagement.
  • Cabin refinement and overall driver comfort may not match premium global brands.
  • Might lack some of the very latest advanced safety or telematics features.

Tata Signa 3518 FBV

Pros

  • Robust and durable construction well suited for demanding Indian road conditions
  • Extensive service and spare parts network across India ensuring easy maintenance
  • Competitive acquisition cost and overall running expenses make it an economical choice

Cons

  • Cabin refinement and interior aesthetics might not match global premium brands
  • Limited advanced driver assistance systems or luxury features come standard
  • Noise vibration and harshness levels can be noticeable during long hauls

Volvo FM 500 6x4 PULLER

Pros

  • The Volvo Fm 500 6x4 Puller stands out with its exceptional class-leading mileage figures, delivering an impressive 35 km/kg for the CNG variant and 32 km/l for the Diesel model, ensuring significantly reduced operating costs for Indian businesses.
  • Offering a comprehensive product family including Diesel, CNG, and Petrol variants, this versatile interpretation of the Volvo Fm 500 6x4 Puller provides unparalleled flexibility for buyers to choose the ideal fuel type based on regional availability and economic considerations.
  • Built with practicality in mind, the vehicle boasts a robust construction and straightforward mechanics, translating into high reliability, minimal downtime, and overall lower maintenance expenses over its operational life, appealing to cost-conscious operators.

Cons

  • Despite being a utility workhorse, the payload capacity, typically around 600-750 kg, might prove restrictive for businesses needing to transport bulkier or heavier consignments, limiting its versatility compared to larger commercial vehicles.
  • The engine, offering around 16 HP for diesel and 23 HP for CNG, while efficient for city runs, may feel underpowered when tackling steep gradients or operating consistently at its maximum permissible gross vehicle weight.
  • To maintain its competitive pricing and utilitarian focus, the cabin offers essential functionalities but lacks the advanced creature comforts and premium interior finishes found in more upscale or larger commercial vehicles.

Which to buy

Which One Fits Your Use Case?

FAQs

Frequently Asked Questions

Which is cheaper, Montra Electric Rhino 5538 EV 4000/With Battery Swapping vs BharatBenz 4832R vs Montra Electric Rhino 5538 EV vs Tata Signa 2823.K Drill Rig vs Tata Signa 3518 FBV vs Volvo FM 500 6x4 PULLER?

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BharatBenz 4832R has the lower price among these options.

Which has better power, Montra Electric Rhino 5538 EV 4000/With Battery Swapping vs BharatBenz 4832R vs Montra Electric Rhino 5538 EV vs Tata Signa 2823.K Drill Rig vs Tata Signa 3518 FBV vs Volvo FM 500 6x4 PULLER?

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Volvo FM 500 6x4 PULLER has the better power at 500 HP.

Which has better payload, Montra Electric Rhino 5538 EV 4000/With Battery Swapping vs BharatBenz 4832R vs Montra Electric Rhino 5538 EV vs Tata Signa 2823.K Drill Rig vs Tata Signa 3518 FBV vs Volvo FM 500 6x4 PULLER?

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BharatBenz 4832R has the better payload at 47500 kg.

What is the ex-showroom price of the Rhino 5538 Ev 4000with Battery Swapping in India?

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The ex-showroom price for the Rhino 5538 Ev 4000with Battery Swapping typically starts around INR 17.50 Lakhs in India, subject to regional variations, specific configurations, and applicable government subsidies.

What is the ex-showroom price of the BharatBenz 4832R in India?

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The ex-showroom truck price in India for the BharatBenz 4832R typically starts from around ₹40 to ₹45 Lakhs, depending on the specific variant and features. This price can vary based on the city and dealership.

What is the approximate ex-showroom price of the Montra Electric Rhino 5538 Ev in India?

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The approximate ex-showroom price of the Montra Electric Rhino 5538 Ev in India starts from around ₹10.66 Lakhs to ₹10.74 Lakhs. This is the base truck price before considering registration, insurance, and potential state subsidies.

What is the estimated price of the Tata Signa 2823.K Drill Rig in India?

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The ex-showroom price of the Tata Signa 2823.K Drill Rig chassis in India typically starts from around ₹40 to ₹45 Lakhs. Please note this price excludes the specialized drill rig equipment, which is an additional cost.

What is the approximate price of the Tata Signa 3518 FBV in India?

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The ex-showroom price of the Tata Signa 3518 FBV in India typically starts from approximately ₹35-38 Lakhs, though this can vary based on the city, specific configuration, and any ongoing offers. This heavy-duty truck price reflects its advanced features and robust capabilities.

What is the ex-showroom price of the Volvo FM 500 6x4 Puller in India?

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The ex-showroom price of the Volvo FM 500 6x4 Puller in India typically starts from approximately ₹80 Lakhs and can go up to ₹95 Lakhs, varying with specific configurations, optional features, and dealership offers.