India’s Tata Group to launch electric cars and batteries
Tata Power which has already set up 100 charging stations, will add another 650 in more than 20 Indian cities over the next year
India’s Tata Group, a steel-to-autos conglomerate, is planning to manufacture electric cars and batteries, set up charging stations and build a battery recycling plant.
The plans were announced following the launch of Tata Motors’ electric sport-utility vehicle (SUV) Nexon EV, which was attended by Natarajan Chandrasekaran, chairman of Tata Sons, the automaker’s parent group, and family patriarch Ratan Tata.
Although the Nexon EV is the second electric car from Tata Motors after its Tigor EV, it will be the company’s first EV targeting buyers in the personal segment.
It will also be the first electric vehicle from the stable of Tata Motors to be powered by the in-house developed Ziptron technology, which is a modular electric powertrain platform consisting of permanent magnet AC motor and a dust and waterproof, liquid-cooled lithium-ion battery system.
More than half a dozen companies, including Tata Motors, Tata Chemicals, Tata Power and Tata Croma, a chain of stores selling consumer electronics, are gathering resources and expertise to build an electric vehicle (EV) ecosystem.
India is working on combating high pollution in several cities. To bring down its fuel import bill, it is encouraging automakers to build EVs.
Tata Power, which has already set up 100 charging stations, will add another 650 in more than 20 Indian cities over the next year, the company’s CEO Praveer Sinha said.
All stations will support fast charging and will be linked to a phone app, which has been developed with Tata Consultancy Services, for payments and to check the availability of chargers.
Earlier this month, the former chairman of Tata Sons, Cyrus Mistry, said he would not seek to reclaim his board seat and position as executive chairman after a company’s tribunal in December ordered he be reinstated.
FURTHER READING: Tata Steel to cut jobs in major European restructuring