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Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments

Business Standard LogoBusiness Standard5h ago

Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments - Business Standard

Quick Summary:

The company's commercial vehicle (CV) division is working on a variety of technologies ranging from alternate fuel to zero emission battery electric, fuel cell electric and hydrogen ICE.

Tata Motors will continue to invest around Rs 2,000 crore annually on the development of new commercial vehicles and capital equipment as the company works on a gamut of technologies to drive towards sustainable mobility, according to its Executive Director Girish Wagh.

"We are working on all the technologies, whether it is alternate fuel and even in zero emission, we are working on battery electric.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 16:24:55 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25282258

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Official Website: business-standard.com

Update Frequency: 309 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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