Mahindra Electric vehicle drive for India 2030 vision

The Mahindra Electric vehicle drive is quickly becoming visible through its quest to supply vehicles as per the EESL tender.

Mahindra Electric, and Zoomcar have come together to develop a sustainable mobility ecosystem in Mysore. The initiative sees 20 e2oPlus vehicles and two fast charging units deployed by the Zoomcar platform for Mahindra Electric vehicle hire by visitors and residents.

The project is financed as part of a financing arrangement for customised EV financing. The project is being developed in line with NITI Aayog’s report on the government’s 2030 vision of operating more and more electric vehicles in India.

Mahindra eVerito electric 2016 Auto Expo

Mahindra Electric too will offer fast charging services to customers. Charging units have been installed at Country Inn and Garuda Mall for EV users. With government support, more such units will be installed at other locations. The development is in accordance to Karnataka government’s EV policy that goes beyond big metro cities. The sustainable mobility ecosystem plan is soon to be replicated in Chandigarh, Delhi and Hyderabad.

Mahesh Babu, CEO, Mahindra Electric said, “Mahindra Electric has been at the forefront of making electric mobility a reality in India not just through electric vehicles but also technology and mobility solution development. We are happy to be partnering with Zoomcar to promote EV adoption in India. This initiative is aligned with Mysuru vision of being a clean and green city. We are looking forward to the state developing EV infrastructure as per the Karnataka state EV policy to further promote shared electric mobility in the region.”

In keeping with its electric drive progress, Mahesh Babu, CEO, Mahindra electric handed over a E verito key during a ceremonial delivery under the EESL tender to Saurabh Kumar, MD of EESL in the presence of Ajay Kumar Bhalla, Secretary, Ministry of Power and his team.

The state-owned Energy Efficiency Services Ltd (EESL) will float another tender for 10,000 electric vehicles during in about 6 months even before the current bid is closed by mid 2018. All matters pertaining to the new tender will be similar to the current project.

Mahindra eVerito electric 2016 Auto Expo

The first EESL tender sees the body procure electric vehicles from Tata Motors and Mahindra for use by the government, and its agencies. The EESL project bid sees the Mahindra Electric vehicle drive lose a considerable amount as it matches Tata Motors‘ bid price. Tata Motors tender bid was at Rs 11.2 lakh each (inclusive of GST), and comprehensive five-year warranty thrown in in good measure. Mahindra had to lower its bid price by Rs 2.3 lakh per vehicle for the 159 e-Verito units it will supply. The SUV major could bid for up to 50 percent of the remaining 9,500 vehicles of 10k (4,750 units) in the 2nd phase of bidding to give the Mahindra Electric vehicle a boost.