KATHMANDU, SEPTEMBER 23
Tata Motors, a prominent global commercial vehicle manufacturer, has taken a significant step towards promoting sustainable mobility in Nepal along with commercial viability by unveiling the groundbreaking Ace EV in partnership with its exclusive distributor, Sipradi Trading Pvt Ltd.
Anurag Mehrotra, head of International Business at Tata Motors Commercial Vehicle Business, was in town to launch the Ace EV and underscored its importance to achieve zero greenhouse gas emissions while ensuring commercial viability.
"At Tata Motors, we are unwavering in our commitment to achieving net-zero greenhouse gas emissions by 2045. I'm pleased to note that the Nepal government, during COP26, has also embraced a similar commitment towards reaching net zero. To succeed in this endeavour, we must collaborate closely to facilitate the transition towards a cleaner, safer, and smarter planet. Importantly, in the realm of commercial vehicles, we must ensure that our solutions are not only sustainable but also commercially viable for our customers.
Without this vital element of commercial viability, we risk limiting the adoption of our products and services to a smaller percentage of customers. Therefore, it's imperative that we deliver on both fronts: Sustainability and commercial viability."
Mehrotra lauded Sipradi Trading Pvt Ltd for its robust sales and service capabilities, which will be instrumental in driving the adoption of electric commercial vehicles and helping businesses in Nepal meet the net-zero targets.
Mehrotra further stressed that electric vehicle adoption in Nepal, particularly in the passenger vehicle segment, has already reached an impressive level of 80 per cent.
"This level of adoption outpaces many other countries, including India. Nepal is setting a remarkable example in EV adoption in a relatively short span of time. This achievement signifies the strong understanding and acceptance among the people of Nepal regarding electrification and the necessary charging infrastructure," he added.
Rajan Babu Shrestha, CEO of Sipradi, acknowledged the immense potential of electric commercial vehicles in Nepal's market.
Shrestha commented, "When it comes to passenger vehicles, Nepal has reached a level of acceptance that's truly remarkable. Now, the focus is shifting towards electric commercial vehicles, which are seen as the future of mobility. Customers have already accepted this technology and are well aware of the performance and reliability of these products. Many of their initial concerns have been addressed, paving the way for a gradual transformation in the commercial vehicle segment."
Shrestha went on to highlight the challenges that still persist, particularly with larger vehicles like trucks and buses. "The acquisition cost for these vehicles remains high," he noted. "To facilitate their adoption, government intervention and incentives are crucial. We are in constant dialogue with the government, advocating for private capital funding and similar measures. Without government support in this area, there will be hurdles to overcome."
However, Shrestha said there were great opportunities in the smaller commercial vehicle segment. "This is because the operating costs are significantly lower, and the driving experience is exceptional. It's a noticeable departure from traditional diesel or petrol vehicles, providing a level of comfort that needs to be experienced firsthand."
Shrestha emphasised several compelling benefits that incentivise commercial vehicle operators to transition to electric vehicles.
Shrestha stressed, "The most significant incentive lies in the improved operating economics. Electric vehicles offer a distinct advantage with substantially lower maintenance costs and a reduced total cost of ownership, rendering them a financially appealing choice for our customers."
He further elaborated on the advantages, stating, "Another key benefit is the stability in fuel costs, particularly when compared to the price fluctuations associated with diesel and petrol. Nepal is abundantly endowed with resources, particularly in hydroelectric power generation, boasting a current generation capacity of over 1600 megawatts, with plans to reach 2600 and eventually 3600 megawatts. This surplus electricity production has paved the way for government incentives, including reduced duties, effectively lowering the overall cost of electric vehicles in the market."
Shrestha also underscored the favourable electricity tariff for EV charging in Nepal, noting, "The electricity tariff for charging electric vehicles in Nepal is significantly lower than in India and other countries, further enhancing the economic feasibility for customers. Moreover, Nepali banks offer financing options that can cover up to 80 per cent of the purchase cost, making the transition to electric vehicles even more accessible and financially viable for commercial operators."
The new Ace EV, an advanced, zero-emission, four-wheel small commercial vehicle (SCV), is a green and smart transport solution ready to serve a wide variety of intra-city applications.
The launch of AceEV in Nepal marks its debut in the global market and promises to redefine eco-friendly transportation.
Key features of Ace EV:
• Dedicated support: Tata Motors will provide 24x7 support for the Ace EV fleet. Additionally, state-of-the-art electric vehicle support centres (EVSCs) will be available to further assist users.
• Telematics system: The Ace EV is equipped with a feature-rich telematics system, enabling real-time vehicle tracking and efficient fleet management.
• EVOGEN powertrain: The Ace EV is the first product to feature Tata Motors' EVOGEN powertrain, which offers an unparalleled certified range of 154 kilometres.
• Safety and all-weather operation: The vehicle has incorporated advanced battery cooling technology and a regenerative braking system to extend the driving range.
• Charging flexibility: The Ace EV supports both regular and fast charging capabilities, ensuring high uptime and flexibility for users.
• Powerful motor: The Ace EV is powered by a 27kW (36hp) motor with 130Nm of peak torque. This robust motor ensures ample cargo capacity and excellent grade-ability of 22 per cent, making it suitable for ascending in fully-loaded conditions.
• Customised container: The vehicle's container is specially customised to meet the specific requirements of the Nepali market, further enhancing its suitability for e-cargo mobility.
A version of this article appears in the print on September 24, 2023, of The Himalayan Times
