M&M, Tata, Nissan bid for India´s first electric car tender

- Advertisement -

Homegrown auto majors Mahindra & Mahindra (M&M) and Tata Motors, and Japanese car maker Nissan have bid for the country´s first electric car tender of 10,000 vehicles.

These will be supplied in two phases over 12 months. The whole process is likely to wrap up by end 2018. In the first phase, 500 electric cars will be procured over a three month period, while another 9,500 electric cars will be purchased in the following nine months. Energy Efficiency Services Ltd (EESL),a joint venture of four government owned power sector entities —NTPC, Power Grid, Power Finance Corporation, and Rural Electrification Corporation —had floated a tender to procure 10,000 electric vehicles on August 15.

- Advertisement -

Companies who sell in bulk to EESL will not have to spend on launches, advertisements or other promotions, allowing them to offer a competitive price for the tender. “We are pleased to receive bids from three companies.

We were anticipating at least two bids to go ahead with the process,” said EESL Managing Director Saurabh Kumar. Representatives of five car makers —Tata Motors, M&M, Hyundai, Nissan and Renault —had attended the pre bid meet in August.

EESL plans to source electric cars and lease them to government departments and offices. The cars will initially be leased to power ministry departments and power public sector units in the National Capital Region.

EESL wants to ensure that procurement is transparent and there is as much competition as possible. “Eventually, we should insist on Make in India… the value addition should progressively go up and prices should come down,” Kumar said.

The government is pushing for manufacturing of electric vehicles to reduce dependence on oil imports and control vehicular pollution. Union Road Transport Minister Nitin Gadkari said early this month the government will ´bulldoze´ the auto industry if it did not switch to cleaner vehicles.

Details of the quantity offered by the three automobile companies and price range were not known. It is likely that M& M, which has been manufacturing electric cars, would offer the maximum quantities under the tender. The company manufactures two electric vehicles —e2o (ahatchback) and eVerito (asedan) —priced between ~ 8 lakh and ~11 lakh.

Tata Motors is learnt to be working on the electric variant of two entry level cars —the Nano and Tiago. Nissan, which has a global alliance with French car maker Renault, has a joint manufacturing unit in Chennai and is likely to opt for local assembly of electric cars.

While the three players would have quoted different prices for their electric cars, the lowest price quoted in the tender for a particular segment will have to be matched by the other two companies to be able to sell vehicles to EESL.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

Buzz

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Important Sectors

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Manufacturing

Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...