EESL to procure 250 EVs from Tata Motors & Hyundai

By OEM Update Editorial September 11, 2020 12:56 pm IST

Energy Efficiency Services Ltd (EESL) to procure 250 electric vehicles from Tata Motors and Hyundai Motor India. The companies were selected through an international competitive bidding process.

Tata Motors Limited and Hyundai Motor India Limited won the tender and now will supply 150 Nexon electric compact SUVs and 100 Kona electric premium SUVs respectively for government use.

This procurement will utilise US$ 5 million from the recent grant provided by the Asian Development Bank (ADB). EESL has received financing from ADB towards the cost of scaling up and financing high priority areas like demand side energy efficiency sector projects.

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