Tata Motors will have “10 new electric vehicles (EVs)” by 2025, confirmed chairman N Chandrasekaran in his address to shareholders in the company’s 76th Integrated Annual Report. Highlighting Tata Motors’ pivot towards sustainable mobility, Chandrasekaran pointed out that since the launch of the Tata Nexon EV at the start of 2020, the company has sold over 4,000 units of the electric compact SUV and will continue to make progress in that direction with the introduction of new Tata EVs. Tata will also take the lead and invest in furthering its EV charging network across India to supplement these efforts.
“By 2025, Tata Motors will have 10 new BEVs, and as a group, we will invest proactively to set up charging infrastructure across the country”, said Chandrasekaran in his address.
Tata is leveraging the strengths of group companies, including Tata Power, Tata Chemicals, Tata Autocomp Systems, and more, to strengthen EV infrastructure across the country.
Thanks to the Nexon EV, Tata Motors currently commands the lion’s share in India’s electric passenger vehicle segment, with the e-SUV accounting for 71.4 percent of all passenger EV sales in the country. More significantly, the contribution of EVs to Tata Motors’ business has doubled to two percent, noted Chandrasekaran.
And it’s not just the production of the EVs themselves – the Tata Group is also stepping up its efforts to set up its own battery manufacturing plant and make headway on autonomous driving technology and connected car fronts. For the latter, Tata is evaluating creating a separate vertical within the group.
“The Tata Group is actively exploring partnerships in cell and battery manufacturing in India and Europe to secure our supplies of batteries. We are also evaluating an automotive software and engineering vertical within the group that will help us lead in a new world of connected and autonomous vehicles”, added Chandrasekaran.
Stating that Tata Motors “will lead” the shift to electric vehicles in India, Chandrasekaran said, “We are clear that this shift to sustainable mobility is an idea whose time has come, and the Tata Group will move forward with speed and scale to seize this and proactively drive the change in consumer behavior in India and beyond.”
It’s worth noting at this point that apart from the Nexon EV, Tata Motors also has the Tigor EV in its lineup, which is due for a major update in the coming months. Additionally, Tata has previously showcased the Tata Altroz EV – the all-electric version of the Altroz premium hatchback – at the 2019 Geneva motor show, which is also set to be introduced in the time to come. Before 2025, Tata will also replace the Nexon EV with the second-gen iteration of the compact SUV.
All of Tata’s new-age models based on the company’s ALFA and OMEGA architectures are ready for electrification, and Tata has, in the past, showcased possibilities with new models in the form of the E-Vision sedan concept and the Tata Sierra EV concept; both of which could well be among the 10 battery EVs the company has lined up for the next four years.
In the report, Tata Motors also confirmed developing powertrains for several alternative fuels such as ethanol E10/E20, biodiesel blends, LNG, H-CNG, and battery EVs and fuel cell EVs. Components for fuel-cell technology are ‘under development at Tata Motors,’ and prototypes of fuel cell buses are undergoing evaluation.