The government is exploring a strategy to task a company with buying electric vehicles (EVs) in bulk and then leasing them to companies such as taxi aggregators, in an attempt to bring down the cost of such vehicles. The strategy is to encourage more manufacturers to make electric vehicles. The number of electric vehicle purchases may range between 200,000 and 1 million. The government has been exploring the leasing model for electric vehicles. “There is a lot of interest in this plan. At least two companies each from the private sector and public sector space have evinced interest,” said a person involved with the government’s electric vehicles push. He declined to name the firms. The NDA government is exploring measures ranging from leasing of electric vehicles to transferring technology to firms for commercial production of lithium-ion batteries developed by the Vikram Sarabhai Space Centre for use in automobiles. It is also exploring a strategy that involves reducing the battery size to bring down electric vehicle prices.