HomeIndustryAutomotiveGovernment wants entrepreneurs to develop cheaper and more efficient e-cars

    Government wants entrepreneurs to develop cheaper and more efficient e-cars

    State-owned Energy Efficiency Services Limited (EESL) has thrown an open challenge for entrepreneurs and start-ups to develop electric cars that are more efficient in terms of performance and cheaper than what it had sought in a global e-cars tender it floated last year.

    As part of a two months-long innovation challenge based on a common streak of energy efficient solutions, EESL with the World Bank and World Resources Institute (WRI) has sought variants of electric cars that can run 200 kms or more in a single charge and is priced at Rs 10 lakhs.

    The solutions, if viable, will be scaled up and commercialised by EESL, senior officials said.

    Although proposed as a means to seek innovative solution in the electric mobility segment, the specification is strikingly different from the 130 km range that EESL had sought in an electric cars tender it floated in August 2017 for procurement of 10,000 cars. Home grown automakers Tata Motors and Mahindra & Mahindra bagged the tender in equal halves. The price for each car, arrived at through a competitive bidding process, was Rs 11.2 lakhs.
    Apart from electric mobility, the challenge also seeks solutions in the field of grid management, energy storage, financial instruments for sustainable funding, among others. The company has also sought solutions in the field of charging stations, an element which is instrumental for the success of electric mobility initiative in India.

    ELE Times Research Desk
    ELE Times Research Deskhttps://www.eletimes.ai
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