Tata Motors has announced its plan to introduce 10 electric vehicles in the country by 2025. The company’s Chairman N Chandrasekaran said that the automaker aims to make its business model more sustainable and launching new electric vehicles will be a key part of that strategy.
Tata Motors is also exploring partnerships with different companies for cell and battery manufacturing in India. The automobile brand currently sells Nexon EV for individual buyers. Apart from that it also has Tigor EV in its portfolio, but that is not available for personal vehicle buyers.
A similar EV change is programmed for the two British luxury automakers, Jaguar and Land Rover. Jaguar will become an all-electric luxury brand by 2025 followed by Land Rover which aims to generate 60 percent of its sales from EVs by 2030.
The Tata Group will invest in setting up charging infrastructure in addition to exploring partnerships in cell and battery manufacturing in India and outside.
“As a Group we will invest proactively to set up charging infrastructure across the country. In addition, the Tata Group is actively exploring partnerships in cell and battery manufacturing in India and Europe to secure our supplies of batteries,” Chandrasekaran added. Also he added that Tata Motors is looking at setting up a software and engineering vertical within the Tata Group.
