Tata Motors and Chalo Mobility has entered into a strategic collaboration to provide the twin capital cities of Jammu and Kashmir with a fleet of 200 electric buses. The collaboration is aimed to establish an environmentally, socially and financially sustainable network of public transport in the union territory.

Japanese chipmaker Renesas Electronics Corp and Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions. The companies will develop “next-generation automotive electronics” in order to accelerate the growth of electric and connected vehicles.

The Gujarat government has given its green light to Tata Motors to take over Ford India’s passenger car plant in Sanand. The company would continue to enjoy the incentives that were extended to Ford India.

Tata Motors expects to aggressively ramp up annual production of electric vehicles (EVs) to more than 80,000 units this financial year. That compares with the 19,000 EVs it built and sold in the last financial year.

Tata Motors has swept the largest 5,450 electric bus tender worth Rs 5,000 crore, under which prices of the vehicles dropped by upto 40%. According to sources, the company emerged as the lowest bidder for all five categories of the tender floated by Convergence Energy Services a subsidiary of state-run Energy Efficiency Services (EESL).

Tata Motors is planning to invest INR 2,000 crore at Ford’s Gujarat Plant in Sanand in their bid to manufacture two lakh electric vehicles (EVs) by 2026. Tata Motors has been seeking a concession on the land transfer rate and has proposed a 20% of jantri rate of the land – that will amount to INR 66 crore. Tata Motors will continue to relish the exclusive incentive and benefits that were granted to Michigan-headquartered manufacturers when they set the plant up in Sanand. “The proposed takeover will become a major landmark in EV production in India and will trigger interest from local and global players for setting up capabilities and capacities for new technologies in the state”, said a note from Gujarat Government on the proposed takeover. Tata Motors intends to ramp-up their production of EVs in Sanand. With the potential investment of INR 2,000 crore in the facility they are most likely to acquire soon, the automobile manufacturers will be able to produce a projected two lakh EVs per annum.

Aurangabad Tata Motors is planning to invest Rs. 15,000 crore in the EV segment in the next five years. The company had raised USD 1 billion in funding from private equity major TPG in its EV division, valuing the business at USD 9.1 billion.

Aurangabad Tata Motors is planning to invest Rs. 15,000 crore in the EV segment in the next five years. The company had raised USD 1 billion in funding from private equity major TPG in its EV division, valuing the business at USD 9.1 billion.

Aurangabad Tata Motors is planning to invest Rs. 15,000 crore in the EV segment in the next five years. The company had raised USD 1 billion in funding from private equity major TPG in its EV division, valuing the business at USD 9.1 billion.