Even as the Telangana government hunts for that one big name in the electric vehicle (EV) space that can help fire up the EV ecosystem in the state, many local players are revving up their game to cater to the growing demand for green mobility.
City-based Gayam Motor Works (GMW), which rolled out its first EV in 2015 and counts BigBasket, Uber, IKEA, Grofers, Gati-KWE, GHMC, GVMC and Central American Police as clients, plans to ramp up capacity to 1,500-2,000 units per month by the end of next year. GMW currently churns out around 150 EVs per month.
“Most of our existing B2B customers in the logistics space have placed repeat orders with us to scale up their operations. They have been able to bring down their running costs from Rs 4/km to Rs 0.50/km by replacing diesel vans with our electric autos.