The contract was signed by Tata Motors and Lithium for 400 newly launched Tigor Sedan EV, with an increased range of 213 km, to be supplied by FY20 and deployed across India, according to Tata Motors press release. The idea is to additionally introduce 100 EVs, including the cars to be launched soon, like Nexon EV.
"This is a big turning point in the EV market, which is now likely to see fleets electrify faster than ever before. We are committed to nurturing this valued partnership as we address the evolving mobility needs of our customers through various disruptive business models," said Mr. Shailesh Chandra, President-Electric Mobility Business & Corporate Strategy, Tata Motors Ltd.
In order to expand its present fleet of 1,000 EVs and to further strengthen its leadership position as the largest EV-based mobility service provider, these steps are important for Lithium, Tata Motors said in a release.
It stated, "Both companies will explore bespoke models to address requirements of customers who are increasingly looking for tailor-made mobility solutions in the market across passenger, mass transit and freight segments."
"The induction of new extended range Tigor EVs and future EVs into our portfolio will add further differentiation to our service offerings for the passenger services. This partnership with Tata Motors will ensure availability of new form factors and enable viability of new market segments across passenger, mass transit and freight," said Mr. Sanjay Krishnan, founder, Lithium Urban Technologies.
The new Tigor Electric Sedan, which was certified by ARAI, is available for both fleet and personal segment customers. This vehicle is eligible for a FAME II incentive for eligible commercial customers, the company said.
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