Tata Motors on Monday announced the establishment of an Electric Mobility Business as it looks to capture the growing demand in the segment, especially from the government.
Shailesh Chandra will lead the Electric Mobility Business in addition to his current responsibility, the company said in a statement.
The creation of this new business vertical will enable Tata Motors to deliver on its aspiration of providing innovative and competitive e-mobility solutions, Tata Motors said.
“Tata Motors is optimistic about the future of electric vehicles and will play a leading role in the electric mobility evolution in the country. We will also leverage on the capabilities of other Tata Group companies to develop the full ecosystem and fast-track the adoption of e-mobility,” said Guenter Butschek, Chief Executive Officer and Managing Director, Tata Motors.
Shailesh has played an instrumental role in leading the project teams to deliver the EESL project and has been closely working with some of the Group companies and other ecosystem partners in his current role.
Charging stations
Last year, EESL had floated a global tender for 10,000 electric vehicles; Tata Motors and Mahindra & Mahindra had emerged as successful bidders.
The first 500 cars have been supplied in the first phase of the tender, while the second phase has been put on hold till there is a clarity on the policy on charging stations as the specifications of charging stations will determine the specifications for the e-vehicle tender.
The EESL tender is the largest single order for electric vehicles in the world.
The newly created division will therefore help Tata Motors focus better on EVs, an area where it is a relatively new entrant.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.