Business Today

A New Chapter in EV Story

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IN EARLY December, Tata Motors handed over the keys of the first set of the electric version of its compact sedan Tigor to EESL, a joint venture of power PSUs that is spearheadi­ng electrific­ation of cars. Tata can supply as many as 6,000 of these cars. The numbers might g seem small but in one g go the figure measures up to Mahindra e2o's ( previously Reva) sales in its 15- odd years' lifespan. The government is looking to buy as many as 10,000 electric vehicles for its fleet.

A leader in the hitherto uncharted territory, EESL had earlier revolution­ised the LED bulb industry. The company believes it has the potential to replace another 4,00,000 convention­al cars used by the government with electric cars in the next five years. If this succeeds, the electric car story in India would begin in right earnest. - Sumant Banerji

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