NEW DELHI: Girish Wagh, President, Commercial Vehicle (CV) Business Unit of Tata Motors said it has participated in ‘FAME Phase I’ scheme for electrification of buses.
After buses and passenger cars, Tata Motors might soon roll-out an electric variant of its small commercial vehicle.
Centre had introduced the 'Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India' (FAME India) scheme to promote the manufacturing of electric and hybrid vehicle technology. "We have supplied more than 200 buses and cumulatively they have now covered more than seven and a half million kilometres, which has given us a very good experience. "We are also keeping track of other segments to see what the customers are looking for, where it makes economic sense and therefore we are engaging with them, especially in the E-commerce sector to understand their needs," Wagh said.
According to Wagh, the economic attractiveness of electric vehicles has been on the rise with respect to the ICE engine due to falling battery prices and rising cost of ICE engine vehicles with respect to increase in regulations. "We are exploring quite a few segments and actually after buses, small commercial vehicles do appear to have more chance of being electrified. Both from the perspective of the requirements of the customers and also being that economical sense," Wagh said.
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