TaMo-JLR will be making EVs in India for global markets: N Chandra

Quick Summary:

The Sanand plant in Gujarat, where Tata Motors has also acquired the former Ford Motors facility, is likely to produce the first car based on the EMA platform – Avinya.

FY25 has been challenging for electric vehicle sales for Tata Motors.

Tata Passenger Electric Mobility has committed investments of over a couple of billion dollars in electric vehicles until the end of this decade, while JLR has outlined a capital expenditure roadmap of over £15 billion in the next five years.

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Category: BusinessFinance

Markets: IndiaChinaSlovakiaUnited Kingdom

Topics: Jaguar Land Rover Electric Vehicles Tata Motors EVs Auto sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-09-17 @ 14:03:37 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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