Friday, February 3, 2023

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Electric Vehicle sales in take off mood

New Delhi: In a bid to make environment pollution free, the Central government is looking at replacing the government fleet of petrol and diesel cars with electric powertrain vehicles, and the process will commence with the issue of a tender to procure 3,500 EV units shortly.
State-run company, Convergence Energy Services (CESL) which handles the acquisition of EVs for central and state government departments said that the size of the program could expand as more and more electric vehicles are launched by automakers at the affordable end of the market. Central and state governments have a combined fleet of about 6 lakh petrol and diesel cars.

Also Read: Rates of petrol, diesel released; Check price in your city HERE

CESL chief executive Mahua Acharya said the company has received a ‘qualified’ demand for 3,500 electric vehicles, a tender for which may be floated shortly.
He further said, there is an opportunity to increase the Electric vehicles in the fleet segment. EV four-wheeler sales can take off the with more option in the mass market.
The fresh tender from CESL comes at a time when the adoption for EV is gaining momentum in the passenger vehicle space. The market for passenger vehicle EVs is set to cross 50,000 units for the first time.
While the qualified demand is 3,500, very quickly the number could go up to 10,000 vehicles within two years, Acharya added.

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