Budget 2018: Government May Give Tax Benefits to Buyers of Electric Cars And Scooters
Mumbai, December 7: As part of a plan to equip the government with Electric Vehicles to curb emissions, automobile major Tata Motors on Wednesday rolled out the first batch of compact sedan Tigor Electric Vehicles (EVs) from its Sanand facility in Gujarat. According to the company, Tigor EVs are being manufactured for the Union government’s order of electric vehicles from the Energy Efficiency Services Ltd (EESL), an entity under the Ministry of Power. The rollout of the EVs fulfills the first phase of the order of 250 electric sedans that the company has received. Tata Motors said the electric drive systems for this order had been developed and supplied by Electra EV, a company established to develop and supply electric drive systems for the automotive sector.
According to reports, Tata Motors had qualified as “L1” bidder to win a tender of 10,000 electric cars floated by EESL in September 2017. While Tata Motors has already received a letter of appointment (LoA) for 250 units in the first phase, an LoA for another 100 is expected to be issued shortly by EESL. Mahindra and Mahindra will supply the remaining 150 sedans, which form part of the total 500 EV vehicles ordered by EESL in the first phase.
— Tata Motors (@TataMotors) December 6, 2017
The flagging off of these vehicles was done by Ratan N. Tata, chairman emeritus, Tata Group, N. Chandrasekaran, chairman, Tata Sons and Tata Motors, Guenter Butschek, CEO & MD, Tata Motors, and members of the Tata Motors executive committee from the Sanand facility, the company said in a statement.
Reports state that the tender floated by EESL for 10,000 EVs is the world’s largest single electric vehicle procurement initiative. In a bid to fulfill the government’s vision for electric vehicles by 2030, Tata Motors is leaving no stone unturned in its efforts to fulfill its commitment. The company said it will work in a collaborative manner to facilitate faster adoption of electric vehicles and to build a sustainable future for India.