Tata Motors recently won an order to supply 10,000 electric cars to the Indian government. It is the largest ever contract in the world to supply electric vehicles, and the order is worth Rs. 1,120 crore. Tata outpaced two other bidders in the race – Mahindra and Nissan to win the order.
Anand Mahindra, the chief of Mahindra and Mahindra congratulated Tata on the win through Twitter. Interestingly, Mahindra was said to be one of the front-runners in the bidding process as the brand is a pioneer in the electric cars in India.
Congratulations @TataMotors ! A terrific price.Delighted the revolution in the EV market has begun.With more players,the market will expand https://t.co/NgQ8AcVqz8
— anand mahindra (@anandmahindra) September 29, 2017
Tata Motors will supply electrified Tata Tigor at the price of Rs. 11.2 lakh per unit. Tata is yet to reveal the electric version of the vehicle to the public. Tata Motors quoted the lowest price of Rs. 10.16 lakh is exclusive of GST in the bidding process. The 11.2 lakh price will be inclusive of the GST and 5-year comprehensive warranty. Mahindra e-Verito comes only with three years warranty and costs 25% more in the retail market than the bidding price by Tata Motors.
Tata Motors will supply 500 units of the Tigor electric by November 2017 in the first phase. The remaining order will be delivered in a phased manner. The vehicles will be used by the government officials. Government officials use an estimate of 5 lakh vehicles in India.
The Indian government plans to eradicate the fossil fuel powered vehicles by 2030 and want electric vehicles as sole option in the market. The step to induct 10,000 vehicles in the government fleet is a kickstart to the whole plan. In next 3-4 years, the government officials and agencies will get electric cars, and the conventional vehicles will be replaced.
Tata unveiled the Tiago electric in the UK recently. The Tiago electric offers a 100 km range on full charge. The car will be able to accelerate to 100 km/h from standstill in just 11 seconds. The top speed will be 135 km/h. The Tigor is expected to come with similar specifications.
Anand Mahindra had taken a dig at Elon Musk, chief of Tesla inviting him to the Indian market.
Time you got out here Elon. You don’t want to leave that whole market to Mahindra do you?? The more the merrier–and greener..! https://t.co/IPoA9viDRN
— anand mahindra (@anandmahindra) June 2, 2017