Tata Motors has global ambitions for electric vehicles: N Chandrasekaran

 

ts electric vehicles (EVs) and will look at serving many markets outside India with the range of EVs it plans to bring over the next few years, N Chandrasekaran, chairman of Tata Motors and Tata Sons, said at the unveiling of Avinya, Tata Passenger Electric Mobility’s (TPEM) first pure electric car concept in Mumbai on Friday.

“Our goal is to go global eventually and we are benchmarking to be the best whether it is in terms of software, electric and electronic architecture or the intuitive experience. We have really high aspirations,” said Chandra without divulging details on the markets the company would be keen to tap into with its range.

This will mark the beginning of the globalisation strategy of Tata Motors passenger vehicle business which has been confined to India and South Asia all these years due to the variance in emission standards. The EVs open up a whole new set of possibilities for the company, said Chandra.

The model developed ground up by the Tata Group flagship is expected to go on sale by 2025 and marks a significant step forward in Tata Motors EV journey. Based on the third generation architecture, the word Avinya has been derived from the Sanskrit language and means innovation. It marks the beginning of a new breed of EVs that the company plans to introduce in the coming years....READ MORE

Auto slowdown: Ashok Leyland declares non-working days across units in Sept

International News

Ashok Leyland has announced non-working days across its plants for the month of September, due to the continued weak demand for its products.
The company's Pantnagar plant will have as many as 18 non-working days in September, while the Ennore unit would have 16.
The Alwar and Bhandara plants would have 10 non-working days each, while Hosur 1 and 2 and CPPs will have five such days.
Ashok Leyland has been adjusting producion the past few months due to continuing sluggishness and contraction in the commercial vehicle market.
The company reported a 70 per cent drop in M&HCV truck sales in the domestic market in August to 3,336 units from 11,135 units, a year ago. Total sales of M&HCVs, including buses, were down 63 per cent to 4,585 units from 12,420 units in the previous year.
Light commercial vehicle sales fell 12 per cent to 3,711 units in August from 4208 units a year ago. Total vehicle sales in all these categories declined 50 per cent to 8,296 units from 16,628 units last August.
Domestic sales and exports of M&HCV trucks fell 70 per cent to 3,550 units from 11,717 units a year ago. However sales of M&HCV buses rose 25 per cent to 1,799 units from 1,441 units last year. LCV sales dropped eight per cent to 3,882 units from 4,228 units a year ago.

 Total vehicles sales -- domestic and exports -- were down 47 per cent to 9,231 units this August, from 17,386 units in August 2018.