Energy Efficiency Services Ltd (EESL), an energy service company (ESCO) under the administrative control of the Ministry of Power will procure 250 electric vehicles from Tata Motors Ltd and Hyundai Motor India Ltd. The companies were selected through an international competitive bidding process, which was aimed at increased participation.

Due to coastal shipping becoming economically viable after demonetisation, automajor Hyundai has decided to increase its monthly shipment through this mode. The Korean major has also said that demonetisation has led to ´less supply of trucks´ and coastal shipping is a ´blessing in disguise´ to meet the orders.