Tata Motors hints at 'important' announcement on electric vehicles in next few weeks
Speaking to Moneycontrol on the sidelines of the launch of the compact sports utility vehicle Nexon Guenter Butschek, managing director, Tata Motors said, “We will have something important to announce about electric vehicles in the next few weeks”.
September 21, 2017 / 04:18 PM IST
Tata Motors, the country’s fifth largest car maker, will make an important announcement in a few weeks on its electric vehicle programme, a top company official said.
Speaking to Moneycontrol on the sidelines of the launch of the compact sports utility vehicle Nexon, Guenter Butschek, Managing Director, Tata Motors said, “We will have something important to announce about electric vehicles in the next few weeks”.
The company’s Europe-based technical center has been busy with the development of the electric version of the Tiago which Butschek has said will make its way to the showrooms soon. Electric variants of the Nano, too, have been spotted testing though the company remains tight-lipped about it.
For electric vehicles to survive and grow it is important to have the right ecosystem and a supporting infrastructure, said Butschek. However, Tata Motors is committed to the clarion call given by the government to switch to fully electric mobility by 2030, added Butschek.
“Right now the 2030 target regarding electric vehicles by the government looks more like an aspiration than a thorough plan. But we have to be prepared for the change,” added Butschek.
Tata Motors has been working on electric cars for many years. Starting with the Indica Vista Electric, which was developed by the European Technical Center the company moved to electric versions of the Bolt.
Unlike competition from companies from the US, Europe and Japan, Tata Motors does not have the electric vehicle technology ready for use. The company took the lead in adopting the electric vehicle technology for use in buses and mini trucks.
Mumbai-based Mahindra & Mahindra
, is the only company to produce electric cars from its plant in Bengaluru. The company is pouring more than Rs 1000 crore in further development of electric vehicles.