Ahmedabad based company will make cheap electric car, the price will be the same as MarutiWagonR

 Ahmadabad based company will make cheap electric car, the price will be the same as Maruti Wagon R

Gensol Engineering is in the business of solar power.

The company has obtain an American startup to make budget electric cars.

Initially the target is to making 12,000 cars regulatory .

New Delhi. Efforts have started to make budget electric cars in the nation . An Ahmadabad-based agency , Gensol Engineering, has claimed that it is working on a plan to supply electric cars to workers for all over Rs 6 lakh. The agency is going to obtain an American startup to make electric cars. This startup will be donor technical expertise to Gensol to making electric cars. latest , the cheapest electric car in India is the Tata Tigor, and that costs Rs 12.4 lakh.

case control on the report of to a report by, Gensol does business of solar power. The agency told lender last Friday that it would obtain a US-based electric vehicle startup to make electric cars. Gensol has neither named the American startup nor impart how should be case it will be pay for this addition .

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cheap electric car

Anmalo Singh Jaggi, Managing Director, Gensol, says that there is a demand for budget electric cars in India. Here you demand a car whose price is 5-6 lakh rupees. Jaggi says that there is a need for great exchange in the Indian electric wheels making production . This can happen only if an electric car is sold in the nation for less than Rs 5 lakh.

Cheapest car also above 12 lakhs

Tata Tigor is the cheapest electric car in India right now. Its rate is 12.4 lakh rupees. newly MG Motors India had said that it will be bring up an electric car for Rs 10-12 lakh. It is said that Hyundai is also trying to begin an electric car at a lower rate . If we talk all over the world, then the Wuling Hongguang Mini EV sold in China is the cheapest electric car right now. Its rate is $ 4,200 i.e. all over Rs 3.15 lakh.

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Plans to make 12,000 cars annually

Gensol has told investors that it wants to set up a research and growth center for robotic growth and plans to start creating in Pune in 2023. The Pune plant will be initially have a capacity to making 12,000 cars yearly . The agency will be appoint at least 150 automobile engineers and making for this venture. Jaggi, the managing director of Gensol, told case control that he would invest Rs 250-400 crore in this venture.

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