India Offers to Lease EVs to Taxi Fleets
Red tape is slowing India’s plan to put 10,000 electric vehicles into government fleets, so the country hopes to lease some of the backlogged EVs to taxi operators instead.
The plan is being pursued by the power ministry’s Energy Efficiency Services Ltd., an agency assigned to electrify government vehicles. EESL Managing Director Saurabh Kumar tells Bloomberg News he signed a deal a few weeks ago to lease 500 EVs to startup Blu-Smart Mobility.
EESL also has made lease offers to Ola Cabs and Meru Cabs, and Kumar says the agency intends to approach ride-hailing service Uber Technologies.
The Indian government placed its first EV order for 10,000 EVS in September 2017. But only 1,000 of the vehicles, to be supplied over four years by Tata Motors and Mahindra and Mahindra, have gone into government service to date.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.
The engineers at Munro & Associates have taken a perfectly sound BMW i3 and taken it apart. Completely apart. And they are impressed with what they’ve discovered about how the EV is engineered.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).