The plans were announced ahead of the launch of Tata Motors’ electric SUV Nexon EV
President of Tata Motors passenger vehicle business unit Mayank Pareek with the Tata Altroz in Ahmedabad on January 24 2020. Picture: AFP/SAM PANTHAKY
More than half a dozen companies, including Tata Motors, Tata Chemicals, Tata Power and Tata Croma, a chain of stores selling consumer electronics, are pooling resources and expertise to build an electric vehicle ecosystem, the executives told reporters in Mumbai. “This is the launch of an ecosystem, which is the real need, not just another vehicle launch,” Guenter Butschek, MD at Tata Motors, which also owns the British luxury car brand Jaguar Land Rover, said.
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