JSW to roll out Electric Car by 2020

JSW Energy a company with net profit of 2.17 billion rupees for the quarter ended June 2017 is now embarking upon the journey to build electric cars, batteries and charging infrastructure in India as a part of its diversification plans to drive future growth.

It plans to invest up to 40 billion rupees ($623 million) over the next few years and expects its first electric car to be rolled out by 2020. In a welcome break it is the first non-automotive company in India to not only build electric car but batteries and charging infrastructure too.

JSW, is on the lookout for … 

manufacturing locations and technology partners for electric vehicles and will sell the car under JSW brand name. JSW will be betting big on the falling costs of electric vehicles and incentives offered by the government.

We at PlugInCaroo feel as long as any company can make electric cars with range of 160kms with intercity and interstate (paid) charging ports it can only succeed. Mahindra on the other hand had NEVER TAKEN ANY RESPONSIBILITY for people using its car intercity and interstate. It was as if intercity & interstate travel with E2O was none of Mahindra’s concern. If the charging stations are paid it can easily recover its cost within 1 year. How much does it need to put out a 15 amp socket at the nearest lunch house on the highway?

Unless there are EV companies who can step up and take responsibility of putting up charging stations between two cities and states electric cars or bikes can NEVER outsell petrol vehicles.

Leave a comment