Tata Motors to launch 10 electric vehicles by 2025
N Chandrasekaran, Chairman, Tata Motors during a message to the shareholders, announced that the auto manufacturer has plans in pipeline to launch 10 new battery electric vehicles (BEVs) in its product portfolio by 2025. As on date, Tata retails two electric cars, one is that the Tata Nexon EV, the simplest selling electric vehicle within the country and therefore the Tata Tigor electric vehicle, mostly utilized in government and fleet services. Chandrasekharan also noted that the corporate aims to be amongst the planet leaders in sustainable mobility solutions and as a part of that it’s also exploring tie-ups in cell and battery manufacturing to secure supplies for its portfolio of green vehicles.
“In India, EV penetration in our portfolio has now doubled to 2 per cent this year and that we expect penetration to extend exponentially within the coming years. Tata Motors will lead this alteration within the Indian market. Motors will have 10 new BEV vehicles and as a gaggle, we’ll invest proactively to line up charging infrastructure across the country,” Chandrasekaran informed shareholders within the company’s Annual Report for 2020-21.
“We also are evaluating an automotive software and engineering vertical within the Group which will help us lead during a new world of connected and autonomous vehicles,” Chandrasekaran said. The automaker believes that is obvious that this shift to sustainable mobility is a thought whose time has come, and therefore the Tata Group will move forward with speed and scale to seize this and proactively drive the change in consumer behaviour in India and beyond.
Tata Motors’ JLR has already announced to travel full electric by 2036, joining league of German and other luxury carmakers announcing such timelines. Jaguar are going to become fully electric by 2025 while 60 per cent of Jaguar Land Rover’s volumes will be pure BEV vehicles by 2030.
“Our companies are present in 150 countries, we employ over 750,000 people and touch the lives of 650 million consumers. i will be able to be the primary to mention that we’ve an extended journey before us. But we are clear that this is often the proper journey we must undertake and have begun with pushing targets forward,” Chandrasekaran said. The auto major has sold over 4,000 units of Nexon EV units since its launch last year. Tata Motors also sells Tigor compact sedan to fleet operators.