Tata to invest over US$1 billion in its CV business
Tata Motors will be developing next-gen platforms that would accommodate CNG, LNG, Diesel and Electric powertrains.
Tata Motors plans to invest more than US$ 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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