Tata Motors, an Indian automotive manufacturer, has unveiled the electric variant of Ace, its most popular mini truck, as it continues its foray into the EV domain.
According to sources close to the launch, the automaker has inked pacts with top e-commerce giants like City-Link, Amazon, Flipkart, BigBasket, DOT, MoEVing, LetsTransport and Yelo EV for supplying the Ace EV. In fact, Tata Motors has already nabbed orders for 39,000 units. The company is also looking to build platforms in the segment of e-cargo for building solutions to serve market requirements.
Tata Group Chairman, N Chandrasekaran, while speaking at the Ace EV, said that sustainable mobility is an imperious and irreversible trend, and it is a global megatrend. Tata Motors, in particular, have embraced this fully and made a business model that deploys sustainability as one of the major pillars.
Whether it is in passenger cars, commercial vehicles, or Jaguar Land Rover, Mr. Chandrasekaran says that the automaker is committed to making this transformation and is fast-tracking it every day. It has already made significant progress in its electrification journey and has unveiled several models in the car segment and is leading this movement in passenger cars.
As per credible sources, Tata Motors has successfully unveiled electric buses in commercial vehicles, and the firm is seeing a huge acceptance and pick up in that segment.
Chandrasekaran notified that the launch marks the day when the firm shifts into e-cargo agility. Emphasizing that the Ace mini truck has been a frontrunner, a creator of a category, and an inspiration of hope for many millions and entrepreneurs across India, he said that by unveiling the Ace EV, the firm is renovating its commitment to bringing electrification benefits to all these entrepreneurs.
Source Credit - https://www.moneycontrol.com/news/opinion/making-sense-of-the-gyrations-in-the-market-8463851.html