Tata Motors is planning to manufacture compact sedan Tigor with electric power train at its Sanand Plant in Gujarat to meet Rs 1,120 crore order from state-run Energy Efficiency Services Ltd or EESL. Tata has received an order to supply 10,000 electric cars to the state-run firm. Currently, the company rolls out the conventional version of the compact sedan, hatchback Tiago and the entry-level car Nano from the Sanand Plant which has an annual capacity of 2.5 lakh units. For the time being, the company does not have an electric car in its portfolio and EESL has given an opportunity to Tata to produce a full range of electric cars for the Indian market.
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Detailed information –
- Tata Motors will supply the electric vehicles (EVs) in two phases.
- 500 e-cars will be supplied in the first phase in November 2017 and the remaining 9,500 electric vehicles (EVs) in the second phase, as stated by the EESL.
- All these 10,000 electric cars will be procured within nine months period from the date of issue of the letter of intent.
- EESL has said that Tata Motors quoted the lowest price of Rs 10.16 lakh, exclusive of GST in the competitive bidding.
- These electric cars are mainly meant for the usage by the ministries and government departments, either through direct purchase from EESL or on lease.
- Tata Motors was selected through an international competitive bidding aimed at increased participation. Other companies, Mahindra & Mahindra and Nissan had also participated in the tender.
This is indeed a very fruitful step to be taken and is expected to taste huge amount of profit. Home-grown automaker Mahindra & Mahindra has been working on electric vehicles for quite some time now and was also in the bidding race for the same but has lost an order from Energy Efficiency under the administration of Ministry of Power to supply 10,000 electric cars to Tata Motors. The company is supposed to produce the Tata Tigor at its Sanand Plant in Gujarat, which also manufactures petrol as well as diesel versions of the compact sedan. The company in the past has been working to develop an electric power train technology for its selected models.
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Tata Motors Ltd. has won a bid from Energy Efficiency Services Ltd or the EESL by which the automaker is aiming to supply 10,000 electric sedans. This will help in reducing carbon emissions by up to 37 percent and reduce oil imports and its dependence, which the Government of India is aiming for 2030. Tata Motors is expected to initially supply 500 cars by November of this year and the rest 9,500 electric vehicles will be delivered in a phased manner. Tata Motors will be providing an electric version of the Tata Tigor to EESL that will cost approximately Rs 11.2 lakhs including taxes. The electric Tigor will also be sold with a five-year warranty and is priced 25 percent lower than the current retail price of a similar electric vehicle. The entire decision and plans are made to have huge productivity with success.