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21 Oct 2021

Mahindra, Piaggio and 19 others are in the fray for a 3-wheeler  Electric Vehicle  tender

By News Date 21 Oct 2021

Mahindra, Piaggio and 19 others are in the fray for a 3-wheeler  Electric Vehicle  tender

Piaggio India, Mahindra Electric Mobility and Kinetic Green Energy and Power Resolutions are among the companies that have bid for supplying E3W (electric three-wheelers) as part of a 100,000-vehicle tender estimated to cost ₹3,000 crores, two people aware of the development announced.

State-run CESL's(Convergence Energy Services Ltd's) tender saw bids for seven points of the proposed marketing plan from 21 corporations, including eight small and medium businesses and startups. The people responded to the situation of anonymity. CESL is conducting the specialized evaluation of the bids, and the price bids are expected to be opened this week.

Many of those bids are in collaborations, and firms have raised institutions," declared one of the two people.

CESL managing director and chief administrator Mahua Acharya refused to comment.

The company plans to lease around half of these electric vehicles and sell the rest through its digital platform. In addition, the proposal invited manufacturers to provide quotations for electric three-wheelers for garbage disposal, goods carriers, food and vaccine transport and passenger autos.

"We are seeing forward to the finalization of orders under the said tender and are confident to supply them as per CESL requirement, given our strong local supply chain, manufacturing capacity and experience," Sulajja Firodia Motwani, founder and chief executive officer, Kinetic Green, said in an emailed response.

"Mahindra Electric Mobility has participated in the electric three-wheelers tender in select categories," said a company spokesperson in an emailed response.

Queries emailed to the Piaggio India spokesperson on Sunday night remained unanswered till press time.

We expect to receive a significant leasing company and are already in touch with third-party investors," CESL's Acharya told in an interview on 6 August. 

CESL, a subsidiary of EESL (Energy Efficiency Services Ltd), aims to have 200,000 two-wheeled EVs (electric vehicles) and 300,000 three-wheeled EVs across India, with the government allowing the demand aggregation of electric three-wheeler and electric bus components to CESL's parent firm EESL under the ₹10,000 crores Faster Adoption and Manufacturing of Hybrid and Electric Vehicles.

"This tender also covers demand from cities that wish to improve their garbage collecting formation from fossil fuel to electric, or join a new formation that is clean and cheaper to manage. An important portion of this tender also include orders for vehicles that will be managed to provide work and the delivery of vaccines," CESL had said in a more initial statement.

The Fame scheme's first phase began on 1 April 2015 and was extended till 31 March 2019, and the second phase that started on 1 April 2019 was to end on 31 March 2022 and has now been extended till March 2024. Money allotted under Fame-2 will be spent to support 500,000 electric three-wheelers, 1 million electric two-wheelers, 55,000 electric customer vehicles and 7,090 electric vans.

"We believe aggregation of E3W demand such as the one proposed by CESL will lead to mass deployment of E3W in India. As customers experience the silent and emission-free as well as low-cost operation of electric three-wheelers, it will lead to large scale substitution of the currently used polluting and high-cost diesel three-wheelers in India," said Motwani in her emailed response.

In addition to providing electric two-wheelers to states such as Andhra Pradesh, Kerala and Goa, CESL has also been an aggregating market for renting out and operating three-wheeled EVs garbage store fleet of municipalities over the people, including for Pune Municipal Corporation.

CESL is also with Swachh Andhra for an added 15,000 garbage tippers. In addition, the company intends to halve the cost of buying through sops offered under the Fame scheme, state power subsidies, support from EV makers and carbon credits.

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