The COVID-19 PANDEMIC is impacting economic, social, and political disruptions heavily like never seen before. The auto industry also facing one of the worse times. China witnessed a fell off 80 percent on auto sales last month. Globally, the auto industry has been canceled large events including Geneva Motor Show.
The Electric Vehicles market will have a heavy impact on the current situation as well which will delay or cost extra on their global sourcing of technology, batteries, and related parts. EV’s have already faced a tough sell among average middle-class consumer. The drop in oil prices motivates the consumers to move towards internal combustion vehicles for a while.
Fuel prices will bounce back again, but in the short term under the current situations, consumers might reconsider their automotive spending. If the recovery in aviation will be slow, fossil fuel demand would be less and gas prices could stay low for a period which will decrease the demand for EV’s.
Still, long term potential for Electric Vehicles remain positive considering the environmental benefits and support measures from the governments.
EESL, a joint venture of the public sector units of the Government of India and Ministry of Power is set to procure 1000 electric vehicles for the all India operations. The Energy Efficiency Services Limited (EESL) looking for electric cars with a driving range over 180 kms.
This is part of the National e-mobility programme launched by Ministry of Power and Government of India in March 2018. Under this programme, EESL plans to procure 10000 EV’s to deploy in Government Departments and Ministries. Set up charging infrastructure is also part of this programme. EESL have already set up 350 charging stations in India so far.
EESL listed out two different requirements as per below;
Source EESL
The scope of project including designing, manufacturing, supplying and maintaining the vehicles at required places in India.
Eligibility Criteria
Applicants must be car manufacturers registered under Indian Companies Act
Must have experience in doing the same activities on internal combustion engine cars for the last 3 years or electric cars for the previous year.
Companies must have minimum average annual turnover of INR 310 million in the last three financial year for Package 1 and INR 110 Million for package 2.
The net worth of the applicants in last FY should not have been less than 100% of the paid-up capital.
Applicants must have been profitable in the last 2 years.
The last day of bid submission is February 28, 2020.
Last year, the company signed a 10 year MOU with Apollo Hospitals Enterprises also to install public EV charging stations at the hospital premises in India.
Previously, EESL published tender for 200 fast charging stations as well.
India’s Largest auto show, 15th edition of Auto Expo 2020 has concluded in New Delhi. All the major automotive manufacturers were exhibiting their futuristic electric vehicle models in the show.
Mahindra & Mahindra
One of the biggest auto manufactures, Mahindra & Mahindra showcased a lineup of cars that may become part of their electric portfolio.
The company displayed the eKuv 100 & eKuv 300 in the Auto expo 2020. According to company sources, Ekuv100 will be one of the cheapest electric cars to launch in India. Expected pricing is to the tune of INR 8.25 Lakh. Mahindra claims a mileage to the range of 147 kms on a single charge.
Mahindra eKUV100
Funster, the concept EV SUV was in the pavilion. Its design appealed to the visitors. Another interesting demonstration was of Atom – the EV that is supposed to replace Indian auto rickshaws on roads.
Mahindra Funster
Maruti Suzuki
Maruti Suzuki had Futuro-e in its kitty. This EV vehicle was designed completely in India. The launch date is yet to be announced.
Maruti Futuro-e
Tata Motors
The star of the year Nexon EV which claims a range of upto 312 kms per charge drew a lot of attention for Tata. This model can be expected with an ex-showroom price of 13.99 lakhs.
TATA Nexon EV
Tata had also showcased the Altroz EV which is the electric version of the recently launched Altroz, combustion engine.
TATA Altoz EV
Mercedes Benz
The luxury car maker Mercedes Benz has rolled out their first electric SUV during the Auto Expo 2020. The EQC will be launching in April 2020 and claims up to the range of 470 kms on a single charge.
Mercedes Benz EQ
MG
MG introduced their Marvel X, E- Vision concept in the Auto Expo 2020. This model was earlier showcased in the Shanghai Auto show 2017. MG is to reveal the official launch date and price. But it is being told that the Marvel X is the world’s first internet connected electric vehicle.
MG MARVEL-X , EV
Great Wall Motors
ORA R1 is a hatchback model electric vehicle from GMW. The company expects Ora to be the most affordable electric car in India. With a price tag of 6 lakhs and claims of up to 350 kms range – ORA may be putting their money where their mouth is. The launch is expected this year.
GMW ORA R1- EV
GMW will also launch SUV’s like Haval H6 & H9 under a different brand in the market.
Kia Motors
Kia Soul – the first EV from Kia motors that is expected to launch in the Indian market was displayed. This car had already been showcased at the Los Angeles show last year. This concept model from Kia is targeted for India.
KIA SOUL – EV
Renault
Renault India has launched the EV version of Kwid, called K-ZE. The range is estimated to be about 240 kms. Renault has no plans to introduce this vehicle any time soon.
EV MOTORIST INDIA 