With effects of climate change being felt the world over, industries are going back to the drawing board to make their operations more environment friendly. The automotive industry in particular is expected to take the lead for providing sustainable mobility solutions. Globally, many automobile markets are witnessing a steep demand growth for Electric Vehicles on the back of lowering technology costs, supportive governmental policies and stringent emission regulations. Indian market is in the initial stages of electric mobility evolution and is expected to witness higher penetration in future supported by the declared intent and supportive actions of the Indian government.
In June 2018, Tata Motors set up a separate electric mobility business vertical, and appointed Mr. Shailesh Chandra to lead the same. Tata Motors is playing a lead role in proactively driving the electric mobility in the country. To build a sustainable future for India, the company has been working collaboratively on various electric and hybrid vehicle solutions in the commercial vehicle space and is simultaneously working on electrification in the passenger vehicle front.
Commenting on the EV plans, Mr. Shailesh Chandra, President- Electric Mobility Business & Corporate Strategy, Tata Motors said, “We at Tata Motors have identified sustainable transportation as one of the core elements of our company’s strategy, in line with the vision outlined by the Indian government. With Government’s continued thrust on accelerated adoption of e-mobility through enabling policies, continued reduction in battery prices and other critical components, we clearly see a sharp rise in demand for electric vehicles in the coming years. Using Tata Motors’ in-house capabilities, Tata Group companies’ expertise and collaboration with other ecosystem players, we intend to offer a comprehensive range of electric vehicles and other ecosystem solutions to break the barriers to adoption. We have already developed cars, buses and last mile commercial vehicles, which have been showcased at various events in the past. The Tigor EV and the Ultra Electric Bus on display today, are a subset of our wider planned EV portfolio.”
SOURCE: Tata Motors
