Just In
- 1 hr ago Ather Rizta Pre-Bookings Now Open – Ola S1 & TVS iQube Rival
- 4 hrs ago Nissan And Renault To Launch Four New SUVs In Strategic Collaboration
- 5 hrs ago Suzuki V Strom 800 DE Launched In India At Rs 10.30 Lakh – The No-nonsense Adventure Motorcycle
- 6 hrs ago Xiaomi SU7 Electric Sedan Variant Details – All You Need To Know
Don't Miss!
- Sports RCB vs KKR IPL 2024: Royal Challengers Bengaluru face Kolkata Knight Riders Match 10 Live Score & Updates From M Chinnaswamy Stadium: Match Starts at 7:30 PM
- Finance Gold Prices In US: Yellow Metal Rates Surge To Record Highs, Post Best Month In Over 3 Years
- News IndiGo Launches Daily Direct Flights Between Bengaluru And Bali
- Movies Ananya Pandey & Aditya Roy Kapur Engagement Date: B-Town Couple Getting Engaged Soon? Here's What We Know
- Travel Choosing Your Next Home: Hyderabad Or Pune?
- Lifestyle Aditi Rao Hydari's Double Diamond Engagement Ring Is Unique, Celebrity Wedding Rings That Are Bookmark Worthy!
- Education National Management College begins admissions for CA and CMA courses
- Technology Samsung Galaxy M15 5G Launch in India Teased; Could Be Priced Under Rs 15,000
Mahindra Senses Electric Vehicles To Rule Public Transport And Cab Segment
Mahindra has sold 200 electric cars to Lithium Urban Technologies which owns fleet of electric cars to commute executives
With the current air pollution scenario in the country and with the rising pollution homegrown automaker Mahindra & Mahindra is engaged in popularizing its range of electric vehicles (EVs).
The company's executive director Pawan Goenka said that at present there is demand for shared vehicles and corporate transportation and even taxi aggregators.
Mahindra has sold 200 vehicles, the e2o, to Lithium Urban Technologies which owns a fleet of electric cars.
Mr. Goenka said that the company will use EVs for commuting executives and as of now these vehicles have clocked 1.2 million kms.
He further added that this business model is proven and we are looking at similar associations with other companies.
Without naming the taxi aggregators who are interested in adding EVs to their fleet but he said there is ahigh amount of interest in the eVerito sedan in Delhi and in Pune. However, any of the deals are yet to happen.
The company is also in talks with Ola, India's largest taxi platform and a spokesperson from Ola had said that soon they will add EVs to their range of fleet cabs and also as ride-share.
Even online grocer, BigBasket has bought 50 eSupros commercial electric vans from Mahindra to deliver its orders. The company is expected to order more for its location across 13 cities where it operates.
According to the company, maintaining and running an EV will cost80 paise against Rs 2 for a petrol vehicle. In five years, the buyer will be able to save enough to buy another EV.
When asked about the infrastructure for EVs in the country, he said the shortage of infrastructure is overstated and went on to say "Buy an electric vehicle, and use it and call me if there is a problem."