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NTPC Launches its First EV Charging Station in Vishakhapatnam

4Sep By Gauri SinghNo Comments

INDIA

NTPC Launches its First EV Charging Station in Vishakhapatnam

The excitement for electric vehicles these days is at its peak. Various companies are coming up to launch their electric vehicles and also the other related ventures are coming up to build up electric vehicle charging stations to give this a boost in the economy. The state-operated power firm NTPC on Monday announced that it has built its first electric vehicle charging station in Simhadri, Vishakhapatnam. This has been done in association with the government's plan to switch to clean mobility. "NTPC initiates its first Electric Vehicle Charging Station in Simhadri, Vishakhapatnam. NTPC is fully aligned for promoting clean energy transportation in the country, while further hiking the demand for electric vehicles and power generation," NTPC said in a statement. Talking about the stati...

Mahindra Electric Collaborated With Cab Aggregator for E-vehicle Service

23Apr By PriyankaNo Comments

BUSINESS

Mahindra Electric Collaborated With Cab Aggregator for E-vehicle Service

Mahindra Group and online taxi aggregator company Meru cabs announced a collaboration for a pilot Electric Vehicle project in India. As per the press release by the Mahindra Group, the pilot project will see Meru deploy a fleet of eVeritos, the all-electric sedan by Mahindra and the model will be replicated in other cities soon. Mahindra Electric CEO, Mahesh Babu said, "As pioneers of electric mobility, we at Mahindra Electric are happy to lead electric fleet adoption in India and are glad to partner with Meru for pilot deployment of eVeritos in Hyderabad." "This is definitely going to make it easier for the city to adopt EV technology and will also be in line with our constant endeavor to make EVs more accessible to a larger urban population. We are now looking forward to working...

M&M Says Price Quoted By Tata For Electric Cars Is ‘Hard To Comprehend’

6Oct By PriyankaNo Comments

INDIA

M&M Says Price Quoted By Tata For Electric Cars Is ‘Hard To Comprehend’

Mahindra & Mahindra, the sole maker of electric cars says the bid by rival Tata Motors which it bid in the contract with Energy Efficiency Services (EESL) is too low. “We find the price (quoted by Tata Motors) hard to comprehend,” Mahindra managing director Pawan Goenka said. Last week, Tata Motors offered to supply the electric vehicles at Rs 11.2 lakh each, inclusive of the GST and a five-year warranty. Mahindra quoted more than Rs 13 lakh and subsequently agreed to match the bid by Tata Motors to win part of the order. The tender was for 10,000 vehicles. Tata Motors earlier was supposed to supply the electric vehicles (EVs) in two phases– 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase. But now, since M&M has qualified, it will...

After Tata, Mahindra & Mahindra Bagged The Electric Car Contract From Indian Government

5Oct By PriyankaNo Comments

BUSINESS

After Tata, Mahindra & Mahindra Bagged The Electric Car Contract From Indian Government

State run Energy Efficiency Services (EESL) on Wednesday said that Mahindra & Mahindra has matched the Tata Motor's lowest bid price to supply 150 electric vehicles. The stocks of Mahindra & Mahindra shot up by 2% as soon as the it grabbed the deal. "Post the tender opening, Tata Motors had emerged as the lowest bidder and Mahindra as the second lowest bidder. Mahindra has agreed to match the lowest bidding pricing for phase I and has, therefore, qualified to supply 150 electric vehicles, as per the tender conditions," State-run Energy Efficiency Services Limited (EESL) said in a statement. Tata Motors earlier was supposed to supply the electric vehicles (EVs) in two phases– 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase. But now...