According to sources Energy Efficiency Services
(EESL) has agreed in principle to invest a capital cost of Rs 10,250 crore
in Andhra Pradesh with operational investment of Rs 2,000 crore per
year for 1 lakh electric vehicles.
State government is aggressively planning to take a lead in the country by introducing 1 lakh electric vehicles, which is expected to create a massive employment of more than 1 lakh jobs.
Meanwhile during a teleconference on Sunday, chief minister N Chandrababu Naidu directed the energy department to prepare a comprehensive action plan to lease and use the electric vehicles in a phased manner.
Naidu said “All government departments should go for e-vehicles, and the plan
would later be extended to the private sector as well. Andhra Pradesh is ranked
number 1 in ease of doing business, energy efficiency, promotion of renewable
energy sources, 24X7 quality power supply. We should create a world record even
in usage of e-vehicles”.
Tata Motors sells a range of vehicles from hatchback to SUVs in India Sources from Geneva said plans to bring in new products in order to have presence in around 95% of Indian passenger vehicles market by 2020, besides working on offering "electric solution" on most of its portfolio going forward. Presently the company sells a range of vehicles from hatchback to SUVs playing in about 70% of the market in India.
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