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regular-article-logo Tuesday, 25 June 2024

Tata Motors plans to commence production of electric vehicles at Sanand plant from April

Tata Passenger Electric Mobility, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year

PTI New Delhi Published 23.01.24, 10:29 AM
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Tata Motors plans to commence production of electric vehicles at the Sanand plant, acquired from Ford India, from April this year, according to a top company official.

Tata Passenger Electric Mobility, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year.

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“We are planning to commence electric vehicle production at Sanand with Nexon EV from April,” Tata Motors Passenger Vehicles MD Shailesh Chandra told PTI.

The company has already commenced production of internal combustion engine-powered versions of the Nexon at the manufacturing plant with an installed capacity of 3 lakh units per annum.

It can be further scaled up to 4.2 lakh units per annum.

Chandra said the company is also looking to produce upcoming models at the facility.

When asked about the company’s product pipeline, he said that Curvv EV would be introduced around the second or third quarter of this calendar year.

“We are also hoping that by the fag-end of this year, we should also be able to
introduce Harrier EV and the internal combustion engine (ICE) version of Curvv,” Chandra said.

The passenger vehicle industry is expected to grow by 5 per cent.

Hero MotoCorp

Hero MotoCorp on Monday said it will set up a facility to assemble products in Nepal in partnership with CG Motors, its newly appointed distributor in the country.

The facility will be located in Nawalpur district and have a capacity of 75,000 units per annum, the country’s largest two-wheeler maker said in a statement. Operations will begin in March.

Hero MotoCorp forayed into Nepal in 2014.

Over the years, the company has established itself as a leading player in the country.

“With their vast expertise and diversified business knowledge, Chaudhary Group (CG) will provide an enormous fillip to our operations here,” Hero MotoCorp head-global business Sanjay Bhan said.

PTI

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