Connect with us

Hi, what are you looking for?



Cab Aggregators May Lease Luxury Electric Cars In India

The Indian government is reportedly planning to procure luxury electric cars to further lease them out to car aggregators in an extended push to enhance electric mobility in public transport.

The Indian government is reportedly planning to procure luxury electric cars to further lease them out to cab aggregators in an extended push to enhance electric mobility in public transport.

Image courtesy of Hyundai

Indian business daily Economic Times has reported that government-owned Energy Efficiency Services Limited (EESL) plans to float a tender to acquire 250 electric cars in the luxury segment. These cars shall then be leased out to cab aggregators like Uber, its Indian-competitor Ola Cabs, and an EV-focused aggregator Blu Smart.

The tender, expected to be launched early next year, will be dominated by foreign car markers. Not Indian company currently manufactures electric cars in the luxury segment. The only luxury segment electric car available in India right now is the Hyundai Kona.

Hyundai could see competition from MG Motors, which is expected to launch its ZS compact electric SUV next year.

The news of the tender comes just weeks after EESL reportedly started procurement of the electric Kona. The move came after several government agencies expressed dissatisfaction with the compact electric sedans that EESL had earlier procured through another tender.

EESL placed orders for 500 electric sedans from Indian companies Mahindra and Mahindra and Tata Motors. While EESL stated a requirement of 250 kilometers of range per charge, neither of the companies were reportedly able to meet that demand. Mahindra & Mahindra supplied its eVerito, while Tata Motors delivered the Tigor.

Kona was launched in India earlier this year at a hefty price of around US$35,000, more than twice the retail price of the Tata Tigor. Kona offers a range of around 450 kilometers per charge and a much wider company-backed network of fast-charging stations.

Kona had an impressive sales record and was sold out for the entire calendar year by September.

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

Smiti works as a senior solar engineer at a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.


You May Also Like

Clean Power

Privately owned renewable energy generation company AMP Energy has announced plans to set up a vertically integrated solar modules manufacturing facility.  According to media...

Clean Power

Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in...


Europe’s second largest auto market, France, saw plugin electric vehicles take 21.0% share in August, up modestly from 19.8% year on year. Overall auto...

Clean Transport

Double-decker buses are cool. Maybe it’s that they hold a lot of people, or maybe the inner child in all of us just thinks...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.