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Tata to make electric cars in clean vehicle push for India
- Wednesday | 29th January, 2020
MUMBAI (Reuters) – Tata Group is making its biggest push yet towards clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, senior executives said on Tuesday. Tata Motors, Tata Chemicals, Tata Power and Tata Croma, a chain of stores selling consumer electronics, are pooling resources and expertise to build an electric vehicle ecosystem, the executives told reporters in Mumbai. The plans were announced ahead of the launch of Tata Motors’ electric sport-utility vehicle (SUV) Nexon EV, which was attended by N Chandrasekaran, chairman of Tata Sons, the automaker’s parent group, and family patriarch Ratan Tata. Tata will use its chain of Croma stores to display digitally its EVs, and some stores could offer test drives and charging stations and may even sell cars. BATTERY MANUFACTURINGThe Nexon EV, priced starting at $19,700, is one of four electric car models that Tata Motors plans to launch over the next two years.
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