India is now eyeing to convert three wheelers to electric vehicles, the government has set a target by 2030
After cars and two-wheelers, India is eyeing to convert a significant portion of the six million three-wheelers plying on the country’s roads to electric vehicles (EVs). The government has set an ambitious target of converting 30 percent of the total vehicles plying on the country’s roads to electric vehicles by 2030. Accordingly, the government is looking at converting three wheelers into EVs. Switching from freight vehicles to garbage disposal vans to electric will bring down the cost of operating three wheelers.
Unlike four wheelers, three wheelers come with easy options to charge or replace the discharged battery, thereby saving the time taken for charging. Public Sector Company Energy Efficiency Services Ltd. (CESL), a wholly owned subsidiary of Convergence Energy Services Ltd. (CESL) has floated a tender worth Rs 3,000 crore for the purchase of one lakh electric three wheelers for various uses.
Mahua Acharya, Managing Director and Chief Executive Officer (CEO) of CESL said, “We have done public process to raise demand before the tender is floated. In this episode, we have got commitments from financiers, fleet aggregators and states. Acharya said that the capacity of manufacturers to deliver one lakh electric three-wheelers as promised in 18 months, however, is a matter of concern. He said that 20 original equipment manufacturers (OEMs) participated in the pre-bid conference.
(This news has not been edited by NDTV team. It has been published directly from Syndicate feed.)