Tata’s First EV Expected Next Year. What Will It Be?
- Nov 22, 2017
- Views : 7731
Tata Motors has finally rolled out the first batch of Tigor EVs from its Sanand facility. The roll out was flagged off by N Chandrasekaran, chairman of Tata Sons and Tata Motors. Also present at the ceremony were Ratan N Tata, Chairman Emeritus, Tata Group, Guenter Butschek, CEO and MD, Tata Motors and members of the Tata Motors Executive Committee. These EVs will be supplied to EESL owing to the 10,000 EVs order Tata Motors had received from the government-run firm.
Tata Motors bagged the tender for supplying 10,000 EVs after the manufacturer made the lowest bid of Rs.11.2 lakh per vehicle, which was about Rs 2 lakh less than its nearest rival, Mahindra. But later on, Mahindra also matched Tata’s bid and was asked to deliver 30 per cent of the total order. In the first phase of procurement, a total of 500 EVs are needed to be delivered - 350 by Tata and 150 by Mahindra.
Currently, Tata Motors will only be delivering 250 out of 350 vehicles as it has received the LoA (Letter of Appointment) for the same. The remaining 100 vehicles will be delivered as soon as it receives a LoA from EESL, which is to follow soon.
Speaking at the rollout of the first batch of Tigor EVs, Guenter Butschek, CEO & MD, Tata Motors, said, "It is indeed a momentous occasion for us as we have shown an exemplary teamwork spirit to overcome all challenges in delivering this project. I also recognise the invaluable contribution made by Electra EV as part of this team. With Tigor EV, we have begun our journey in boosting e-mobility and offering a full range of electric vehicles to the Indian customers. This tender has effectively paved way for connecting our aspirations in the e-mobility space with the vision of the government."
Mahindra and Mahindra has already delivered the first batch of EVs last month. It has hinted at the possibility of it backing out from the deal as the price of Rs 11.2 lakh per vehicle is not sustainable for the manufacturer.
Tata’s First EV Expected Next Year. What Will It Be?
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