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

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.

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.

- Advertisement -

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 -
Loading form…

Industry's Buzz

BYD leads global EV race

BYD Leads Global BEV Sales With Tesla No. 2

0
Domestic slowdown in China prompts carmakers to seek growth abroad, whilst European brands feel the heat in their home markets.  The latest electric vehicle industry...
Huawei

Huawei and US PC Maker HP Sign Multi-Year Cross-Licensing Wi-Fi Deal

0
Chinese telecoms firm and American PC manufacturer reach cross-licensing agreement covering next-generation Wi-Fi 7 technology following previous legal disputes.  Chinese telecoms giant Huawei Technologies has...

14 New Quantum Products Launched at C-DOT’s 43rd  Inauguration Day

0
The products have a broad range of applications including, but not limited to Telecom, Defence, BFSI and Government Utilities. According to C-DOT the aim...

Green Circuits Appoints Kirk Knudsen as Vice President of Procurement

0
The appointment is part of Green Circuits’ continued investment in its people, processes and operational capabilities Green Circuits, an electronics manufacturing services (EMS) provider serving...

Anoop Kumar Rai Takes Charge as BEL Director (Marketing)

0
Beyond defence applications, Rai has driven BEL’s diversification into civilian infrastructure Bharat Electronics Limited (BEL) has appointed Anoop Kumar Rai as its Director (Marketing), effective...

Learn From Leaders

(L-R) Nikesh Gondchawar, Strategic & Technical Advisor – Robotics Manufacturing; Shrikrushna Kakade, Founder Partner; Nikhil Kakade, Senior Technical Advisor – Robotics & Control Systems, SlightGen Solutions LLP

“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...

0
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
Navdeep Narula, Executive Director, Client and Endpoint Solutions, Ingram Micro, India

“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...

0
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...

India’s Robotics Push Opens New Hardware Opportunities

0
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.  India’s push...
Gadhadar Reddy, CEO and Founder, NoPo Nanotechnologies

How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...

0
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...

Startups

(L to R) C2i Semiconductors Founders—Vikram Gakhar, Founder & Director, Mixed Signal; Preetam Tadeparthy, Founder, CTO, VP, Engineering; Ram Anant, Founder & CEO; B.S. Dattatreya, Founder & Director, Power

Bengaluru Startup Targets AI Data Centre Power Delivery

0
C2i is building power systems that can help AI servers use electricity more efficiently and reliably. Two friends, Ram Anant and Preetam Tadeparthy, were working...
(L-R) Sri Kusulu Devalla, Co-Founder and Hetendra Singh Rathore, Founder, Segritech

“We don’t just sort fruit; we match every quality grade with the right buyer.”...

0
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
Akshar Vastarpara, Founder and CEO, Vicharak

“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...

0
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
Dr Naveen Yanduru, CEO, Axiro Semiconductor Private Limited

“India Can Lead In IP—If It BacksIts Own Builders”

0
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
Dr Sanjay Ahuja, Founder and CEO of Cionlabs, India

“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”

0
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...