India-Forums

   

Tata Motors betting big on electric buses

Kolkata, Feb 20 (IANS) After bagging 255 e-buses' orders from six state transport undertakings (STUs) under the first phase of incentive scheme for electric vehicles in public transport, Tata Motors is betting big on the segment, said an official here on Wednesday.

Wednesday, February 20, 2019 | 6:36:06 PM IST (+05:30 GMT)
 0 Comments | By

Kolkata, Feb 20 (IANS) After bagging 255 e-buses' orders from six state transport undertakings (STUs) under the first phase of incentive scheme for electric vehicles in public transport, Tata Motors is betting big on the segment, said an official here on Wednesday.

"There are many towns and cities that are tendering for e-buses. We are participating in them. We are hopeful the demand (for electric buses) will grow. As of now, we are participating in bids for 1,000 buses, tendered by various STUs. We do not know how much we will win," said Rohit Srivastava, Product Line Head (Passenger Commercial Vehicles).

The company is in discussions with all states and is confident that electrification of buses will get a boost and the auto maker is also in touch with companies as the demand in the segment is likely to increase, he said.

Under the first round of FAME (Faster Adoption and Manufacturing of Hybrid and Electric) vehicles scheme, announced by the Centre, the company won around 60 per cent of the orders. It has tenders to supply 255 electric buses to six state STUs - WBTC (West Bengal), LCTSL (Lucknow), AICTSL (Indore), ASTC (Guwahati), J&KSRTC (Jammu) and JCTSL (Jaipur).

Kolkata's order of 80 buses was the biggest it has bagged so far, he said, adding the company received orders for 40 busses each from J&K, Indore, Lucknow, Jaipur, and 15 buses from Guwahati, Assam.

Remarking that the company has supplied 20 buses, he said in 60-90 days it would supply the rest 60 buses to the WBTC.

Manufactured at the Dharwad plant in Karnataka, the electric buses of Tata Motors can travel up to 150 km on single charge.

"We have seen growth in the past. We are developing products to address the segments where we may be having a gap," Srivastava said, adding it can make 125 electric buses per month and the capacity can be expanded to 200-250 a month or even more, if there is "regular flow" of orders.

The auto major enjoys a 45 per cent market share during April-December period of 2018-19 in the commercial vehicles segment in the domestic market. It has a 40 per cent market share in buses and plans to increase it, Srivastava said.

The company is also working on developing complete range, including electric mini buses, he added.

--IANS

bdc/rs/ab

Copyright : Indo-Asian News Service
User Rating Rating(0 Votes)

Share On :

Share on Facebook Share on Twitter Share on Google+ Share on WhatsApp

To stay updated with similiar articles follow


User Comments & Ratings

Join India Forums for free to comment on this story. Have an account already? Use Quick Login to comment.
Dear Readers,
  • Please do not use derogatory comments in reply to the stories published on Telly Buzz, India-Forums.
  • The credibility of the site matter to us, and the comments in bad taste tend to invariably hurt the actors/production house/channel etc.
  • So kindly, refrain from creating an unhealthy atmosphere for all, and keep your comments constructive.
  • Also, please use the Rate It button if you want to just thank the author for posting the story.

Articles in National, Business

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech
Travel

AROUND THE WORLD NOW

Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.

Popular Channels :
Star Plus | Zee TV | Sony TV | Colors TV | SAB TV | Life OK

Quick Links :
Top 100 TV Celebrities | Top 100 Bollywood Celebs | About Us | Contact Us | Advertise | Forum Index