• Tue. Apr 16th ,2024

Tata Motors launches Ace EV mini truck with plans to deliver 39k units

omkarpatwardhan

By   Omkar Patwardhan

Date: May 07, 2022
samsungs-ekg-equipped-galaxy-watch-devices-to-enter-31-more-countries

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

omkarpatwardhan

Omkar Patwardhan

Omkar Patwardhan started his professional career in the hospitality industry. Having nurtured a deep-sated passion for words however, he found his way into content writing and now pens down articles for numerous websites, including Little Saigon Collective, spanning the sectors of business, finance, and technology.

Related Post

EeroQ secures $7.25M in a seed round led by B Capital’s Ascent Fund

Date: May 07, 2022 Omkar Patwardhan

YouTube unveils a new podcast homepage for some U.S. users

Date: May 07, 2022 Omkar Patwardhan

Covid-19 patients at higher risk of neurological conditions: Study

Date: May 07, 2022 Omkar Patwardhan