Homeauto News

Hyundai Kona gets govt's nod ahead of Tata and Mahindra, says report

This article is more than 2 year old.

Hyundai Kona gets govt's nod ahead of Tata and Mahindra, says report

Mini

In its ongoing bid to promote electric vehicles, the central government has placed orders with Hyundai Motor Co for its Kona electric compact sports utility vehicle, reported Mint.

Hyundai Kona gets govt's nod ahead of Tata and Mahindra, says report
In its ongoing bid to promote electric vehicles, the central government has placed orders with Hyundai Motor Co for its Kona electric compact sports utility vehicle, reported Mint.
With a price tag of Rs 23.71 lakh post-government subsidies, Kona is almost twice the price of home-grown Tata Motors Ltd’s Tigor and Mahindra and Mahindra Ltd’s e-Verito electric sedans. However, Kona’s superior battery that generates 39.2 kilowatt hour (KWh) — compared to less than 20 kWh generated by Tigor and e-Verito — clinched the deal for the South Korean automaker.
Energy Efficiency Services Limited (EESL), the government department in charge of procuring energy-efficient vehicles, had earlier faced issues with Tata and Mahindra’s offerings.
“Kona’s battery size is almost three times that of these other cars (Tigor and e-Verito). The running cost is just 40 paisa/km. It’s a brilliant car in terms of comfort and this is the beauty of EVs anyway," Mint quoted EESL managing director Saurabh Kumar as saying.
EESL had placed orders for 10,000 electric vehicles in 2017 with Tata supplying 60 percent of the supplies and M&M the rest, but in the wake of the ongoing economic slowdown the government has decided to restrict procurement to 3,000 units by March 2020, the Mint report added.
next story

Market Movers

Currency

CompanyPriceChng%Chng