Around the world, the automotive industry is at the cusp of a major transformation. Owing to growing concerns related to the environment and energy security, automotive companies are reducing their tailpipe emissions and, at the same time, are looking for renewable sources of energy. Globally, countries are rapidly adopting electric vehicle technologies and gradually phasing out fossil fuel-based vehicles as a part of their concerted plan to combat climate change and rising pollution in cities.
In 2017 alone India imported 40Bn USD worth of vehicular fuel which is estimated to more than double to 90Bn USD by 2030. This paints a bleak picture for our environment as vehicular pollution has grown at an alarming rate due to growing urbanization in India. The recent WHO study has revealed that India harbors 14 out of 15 most polluting cities in the world.
To reverse these disastrous effects on the environment, the ideal scenario of having 100% electric vehicles on road by 2030 will reduce the urban pollution by 30-35 %. (Source: BCG) Thus, for India, electric mobility presents a promising way to balance its needs on energy security as well as environmental protection.
We, at Tata Motors, have made commendable strides in developing a comprehensive approach to address the barriers to set up an electric ecosystem. We have offered a wide range of 4 wheelers to address the problem of lack of choices of multiple products with optimal range. A major reason as to why the adoption of EVs still remains in its nascent stage is the unavailability of charging infrastructure. Hence, we are currently working towards providing charging solutions for all key use cases. Furthermore, we are expanding our reach of EVs to wider customer bases.
Over the years, we have journeyed to make EVs a part of the mainstream. In 2017, we won the tender to supply 10,000 Tigor EVs to Energy Efficiency Services Ltd (EESL). The following year proved to be eventful as in March we provided a fleet of Tata Starbus’ to MMRDA in Mumbai. Later, we signed a MoU with the Government of Maharashtra to deploy 1000 EVs across PVs and CVs. In June that year, we set up a whole new vertical and handed over two Tigor EVs to the Madhya Pradesh Government. The year 2019 is a promising year for EVs. We have partnered with Capgemini to deploy Tigor EVs in the cities of Bengaluru Chennai & Hyderabad. In February, we flagged off the first 9/9m AC Electric bus in Lucknow as part of a larger order for 40 electric buses for Lucknow City Transport Services Ltd. Other developments on this front include providing 50 Tigor EVs to Atal Indore City Transport Service Limited, signing a MoU with Wise Travel India Pvt Ltd (WT) for the deployment of Tigor EVs in New Delhi & Pune, and partnerships with Aaron Travels in Mumbai and Janani Tours in Bengaluru to deploy 25 Tigor EVs.
We have clearly prioritized our electric vehicle capabilities and today we are one of the frontrunners in this industry. On the CV front, the company is working on offering EV/hybrid solutions on Iris, Magic, Ace, and Super Ace. As one of the largest and the only OEM in the country offering an extensive range of smart, integrated and e-mobility solutions in India, we believe our organization is ahead of the game. We will continue to focus on engineering and offering tech-enabled automotive solutions that cater to the future of mobility.