M&M bags EESL contract to supply 150 e-sedans; matches TaMo's Tigor price

EESL to source 150 eVeritos in phase I while Tata Motors will supply the remaining 350 electric Tigors

Mahindra & Mahindra (M&M), which had quoted a price 18% higher to Tata Motors in the country’s biggest tender for 10,000 electric cars, has agreed to stretch itself and match the price offered by its rival. Accordingly, the company will now be able to supply 150 eVerito sedans in the first phase of the tender while Tata Motors will supply the remaining 350 electric Tigors. It is not immediately clear at this point how the second phase order of 9,500 units will be split between the two companies

The tender had provided for an order split between the