Mahindra and Tata are leading the race towards becoming the ace manufacturers of electric vehicles. This becomes a great challenge owing to the costs of batteries which have to be imported, certain infrastructural bottlenecks and setting up the charging stations. India plans to kick-start an ambitious auto project by electrifying all the vehicles of the nation by the end of 2030. This will not only slash the oil bills but reduce harmful emissions to a great extent.
To give a proper shape to this ultra-ambitious project, attractive incentives have been announced by the government. Our Prime Minister has decided to own 10,000 electric cars through Energy Efficiency Services, an agency run by the state.
How Mahindra and Tata are aiding this Ultra-Ambitious Project?
Mumbai-based ace manufacturers are proving a steep competition to Tata Motors in becoming the leading producers of electric vehicles. Tata Motors owns Jaguar Land Rover and supplies as many as 350 electric automobiles.
The rest should come from Mahindra which takes charge of electric car-making in its able hands.
Earlier in 2010, Tata Motors was considered Global Leaders in electric car-making. But soon, Mahindra and Mahindra too joined the race to kick-start this ultra-ambitious auto project.
Tata Motors bid a huge amount and that is INR 11.2 lakh per car. It is very likely to sell off The Tiger Sedan developed by The European Technical Centre in collaboration with Jaguar Land Rover. In the meantime, Mahindra has geared up and is offering its e2o models and also it’s Verito Hatchback.
If these automobiles deliver, Mahindra and Tata will have even bigger orders to fulfill in the near future. A further supply of 10,000 more electric vehicles is being planned in the second phase of the ultra-ambitious auto project.
The Energy Efficiency Services have recognized both Tata Motors and Mahindra and Mahindra as qualified parties.
They have been allowed ample room to fulfill the orders of their respective models. According to the terms and conditions of their tender, Mahindra and Mahindra bid the lowest price for the second phase lying ahead. Mahindra plans to invest a sum of 4000 crores to gear up with India’s ambitious electric vision. They strive to bring the vehicles within affordable limits.
To sum it up
Both Tata and Mahindra have proven themselves as the forerunners in turning the electric vision into a reality. Electric four-wheelers are a great challenge that the Indian Market has to handle tactfully.