Explorer

Tata Motors To Start Production Of Electric Vehicles At Sanand Plant From April

Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year

Tata Motors plans to commence production of electric vehicles at the Sanand plant, acquired from Ford India, from April this year, as per a top company official.

Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year.

"We are planning to commence electric vehicle production at Sanand with Nexon EV from April," Tata Motors Passenger Vehicles MD Shailesh Chandra told PTI.

The company has already commenced production of internal combustion engine-powered versions of the Nexon at the manufacturing plant with an installed capacity of 3 lakh units per annum.

It can be further scaled up to 4.2 lakh units per annum.

Chandra said the company is also looking to produce upcoming models at the facility.

When asked about the company's product pipeline, he said that Curvv EV would be introduced around the second or third quarter of this calendar year.

"We are also hoping that by the fag-end of this year, we should also be able to introduce Harrier EV and internal combustion engine (ICE) version of Curvv," Chandra said.

On sales outlook for the next fiscal, he noted that the passenger vehicle industry is expected to grow by 5 per cent.

"We have few launches planned, so will be targeting to grow better than the industry," Chandra stated.

On the Budget wishlist, he stated that extending FAME benefits to personal electric cars would help in accelerating the growth of electrification in the country.

Chandra noted that an increase in sales of electric cars was witnessed in states like Maharashtra and Gujarat when they offered incentives to the buyers.

"Also, there is a problem of inverted duty structure in EVs that is also something that we have been asking," he noted.

About talks on giving some concessions to a US-based EV major, Chandra said: "Our position is very simple that we are not worried about any specific competitor. Any player who is ready to participate in the EV space with upfront investment in localisation or charging infra development is welcome".

He further said: "We are not afraid of the competition...we are effectively dealing with the competition, all we seek is a level playing field". 

(This report has been published as part of an auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

Top Headlines

Bangladesh Election Results: Three BNP Hindu Leaders Secure Victory, Who Are They?
Bangladesh Election Results: Three BNP Hindu Leaders Secure Victory, Who Are They?
Nikhil Gupta Pleads Guilty In Foiled US Murder Plot Against Khalistani Leader Pannun
Nikhil Gupta Pleads Guilty In Foiled US Murder Plot Against Khalistani Leader Pannun
‘Extradite Hasina’: BNP Repeats Hasina Extradition Call To India As Bangladesh Row Grows
‘Extradite Hasina’: BNP Repeats Hasina Extradition Call To India As Bangladesh Row Grows
INC Wins 90 Civic Bodies, Sweeps Telangana Municipal Polls By Clear Majority
INC Wins 90 Civic Bodies, Sweeps Telangana Municipal Polls By Clear Majority

Videos

Politics: Naseemuddin Siddiqui to Join Samajwadi Party on 15th February
Breaking News: Breaking: FSL Report Rules Out Poison in Sadhvi Prem Baisa’s Death
Tragedy in Patna: Girl Falls to Death at Phulwari Sharif Coaching Centre
Breaking News: Lucknow Hit-and-Run Driver Arrested After Killing 1, Injuring 5
Breaking News: Breaking: Devband Jail Video Sparks Fake Encounter Controversy in UP

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget