Tata Motors to supply 300 units of four-wheeler electric vehicles to CESL

Tata Motors has inked an agreement with Convergence Energy Services Limited (CESL) for the supply of 300 electric cars with three years of warranty. The total cost of the agreement is expected to be around INR 44 crore. 

Shailesh Chandra, President, Passenger Vehicle Business Unit, Tata Motors, said, “Tata Motors is committed to support the Government’s vision of actively embracing e-mobility and we are delighted to partner with CESL once again. Purposeful collaboration amongst stakeholders is key to accelerate the mass adoption of environmentally-friendly solutions. As the leader in the rapidly growing electric mobility space, we remain focused on ramping up the access and use of EVs across India.”

CESL is a fully owned subsidiary of Energy Efficiency Services Limited (EESL). The project will consist of 300 four-wheeler electric cars whose length is less than 4 meters)and range equal to or more than 250 KMs.

"Electric vehicles are the future. I am so pleased that more and more Government entities in India are switching over to electric transport. Our association with Tata Motors is a good development for the future of mobility in India. Convergence is committed to developing a flourishing electric vehicles ecosystem in the country," CESL CEO and MD Mahua Acharya said.

The tender will be implemented in two stages. In the first one, 300 cars will be delivered at a base price of INR 14,33,000 per unit, exclusive of GST. The second stage will cover inland transportation, including loading, unloading, transfer to a designated location, transit insurance, and other costs incidental to the delivery of vehicles.