Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsAutomobileTata Motors signs pact to make 39,000 Ace electric vehicles for e-commerce firms

    Tata Motors signs pact to make 39,000 Ace electric vehicles for e-commerce firms

    N Chandrasekaran, chairman, Tata Motors, said in an exclusive interview with CNBC-TV18 that the company is moving into e-cargo mobility segment with electric vehicles.

    Moneycontrol News
    May 05, 2022 / 12:50 IST
    Representative image
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Tata Motors has signed pacts with e-commerce companies for manufacturing as many as 39,000 Tata Ace electric vehicles (EVs), CNBC-TV18 reported.

      Chairman N Chandrasekaran said in an exclusive interview with CNBC-TV18 that the company is moving into e-cargo mobility segment with EVs.

      The move comes days after subsidiary Tata Passenger Electric Mobility unveiled its Avinya vehicle concept, the first car from Tata Motors based on a dedicated EV platform. With the Avinya vehicle concept, the leading auto maker is looking to deliver range beyond 500 km.

      At 12:43 pm, shares of Tata Motors were trading 2.14 percent higher at Rs 432.65 apiece on the BSE.

      Moneycontrol News
      first published: May 5, 2022 12:50 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347