Tata to invest over US$1 billion in its CV business

TusharK · 9th December 2021, 18:02

Tata Motors plans to invest more than US$ 1 billion in its commercial vehicle business in the next 4-5 years.

Tata to invest over USalt= billion in its CV business-tataultrat.7.jpg

Tata has been off to a good start with its passenger electric vehicle (EV) program. The company is now looking to replicate the same in the CV space.

Tata Motors will be developing next-gen platforms for CVs that would not only accommodate CNG, LNG and diesel powertrains but fully electric powertrains as well.

The company is working on short-range battery-operated vehicles for last-mile applications. Small CVs and gas-based fuel-cell electric vehicles for extended range operations are also in the works. It is also developing electric trucks for mining applications.

At present, Tata Motors has three all-electric offerings in its CV portfolio. These include 9/9, 12-meter low floor and 12-meter regular floor buses.

Source: ET Auto

9th December 2021, 18:02	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 7,213 Thanked: 63,717 Times	Tata to invest over US$1 billion in its CV business Tata Motors plans to invest more than US$ 1 billion in its commercial vehicle business in the next 4-5 years. Tata has been off to a good start with its passenger electric vehicle (EV) program. The company is now looking to replicate the same in the CV space. Tata Motors will be developing next-gen platforms for CVs that would not only accommodate CNG, LNG and diesel powertrains but fully electric powertrains as well. The company is working on short-range battery-operated vehicles for last-mile applications. Small CVs and gas-based fuel-cell electric vehicles for extended range operations are also in the works. It is also developing electric trucks for mining applications. At present, Tata Motors has three all-electric offerings in its CV portfolio. These include 9/9, 12-meter low floor and 12-meter regular floor buses. Source: ET Auto
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