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Tata Motors Working Closely with Tata Capital, Tata Power to Create EV Ecosystem in India: Chandrasekaran

Tata Motors is working closely with other group entities such as Tata Capital and Tata Power to create an electric vehicle (EV) ecosystem in the country, Tata group Chairman N Chandrasekaran said earlier.

PTI

Updated:December 28, 2018, 1:13 PM IST
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Tata Motors Working Closely with Tata Capital, Tata Power to Create EV Ecosystem in India: Chandrasekaran
Photo for representation only. (Image: Reuters)
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Tata Motors is working closely with other group entities such as Tata Capital and Tata Power to create electric vehicle (EV) ecosystem in the country, Tata group Chairman N Chandrasekaran said earlier. In his new year address to over 7 lakh Tata group employees, Chandrasekaran said the group companies are engaging closely to work together where it makes business sense, to create new business approaches and differentiation.

"Tata Motors is leading the effort to develop an electric vehicle (EV) ecosystem in partnership with Tata Capital for financing and Tata Power for the charging infrastructure network," Chandrasekaran said while citing examples of synergies between different group entities.

There are similar efforts underway in many areas including group loyalty programmes, payments, and shared services, he added. Tata Motors is working on developing prowess in the field of EVs. The company participated in the tender floated by Energy Efficiency Services Ltd and has already completed the production of 250 cars.

It has also initiated the execution of second phase orders. The company has created an electric mobility business to capture opportunities arising out of new mobility trends and to bring organisational focus and alignment. The business is headed by Shailesh Chandra.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Abhinav Jakhar
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