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

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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 a high 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 cost 80 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."

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