Thursday, December 8, 2022

Tata Motors Contemplating Revival Of Nano In EV Kind


Is Tata Motors planning to convey again the enduring Nano in an electrical avatar? Properly, the corporate could also be contemplating a resurrection of the automobile in an electrical model with a considerable revamping, together with modifications to its suspension and tyres, in accordance with automotive trade sources.

Tata Motors could also be contemplating the revival of Nano and a platform improve as a part of its aggressive footprint growth within the electrical mobility phase and to sweat present investments within the Nano challenge, sources mentioned, as per TOI. Nonetheless, a Tata Motors spokesman mentioned “Tata Motors doesn’t touch upon hypothesis and forthcoming automobiles.”

Earlier this yr, Ratan Tata had taken supply of a custom-made Tata Nano EV which was constructed by his startup Electra EV.

ratan tata nano evelectraev

Tata Motors’ Electrical Automobile Ambitions

Tata Motors’ electrical automobile (EV) ambitions had been lately highlighted by chairman N Chandrasekaran. On the 77th AGM, he mentioned that the corporate bought 5,000 EVs in FY21 and 19,500 in FY22. Within the present fiscal, the goal was to promote 50,000 EVs, hitting 100,000 by FY24. Already the corporate has bought over 24,000 EVs within the April-November 2022 interval —a pointy soar over the FY22 tally of 19,500 items.

Tata Motors’ electrical lineup consists of the Nexon EV, Tigor EV, Tiago EV and the Xpres-T EV. The corporate has already showcased its EV ideas Curvv and Avinya and has introduced it’ll roll out 10 fashions within the subsequent 5 years, as per the report.

It was means again in 2008 when the Tata Nano was launched with its aggressive pricing and was positioned as a individuals’s automobile. About 4 years in the past, Tata Motors stopped producing the automobile in Might 2018. Sources within the trade mentioned if the plans to “productionize” a brand new Nano EV does kick off, the corporate may additionally restart its talks with the Tamil Nadu authorities relating to the acquisition of the Ford plant in Maraimalai Nagar, the report talked about.

Additionally Learn: Listing Of Tata Group Chairmen

Ratan Tata Nanoreuters

When Tata Got here Out With Rs 22 Crore Nano

In 2011, Tata Nano was given a large makeover which skyrocketed its worth to Rs 22 crore. The automobile’s physique was made with 80 kg 22-carat stable gold, 15 kg silver, valuable stones – together with diamonds, rubies – and different costly gems, an official had mentioned.

The Rs 22 crore Goldplus Nano Automobile was unveiled by Ratan Tata.

Did You Know Tata Motors Once Came Out With A EPA

The official said that the precious and totally purposeful automobile was not on the market, and was reasonably a singular branding and promotional initiative by Goldplus Jewelry, a part of Titan Industries, a Tata Group firm.

Additionally Learn: Tata Metal Veteran & ‘Metal Man Of India’ Dr Jamshed J Irani Dies 

What was the aim of Rs 22 Crore Nano?

The Goldplus Nano Automobile was billed because the world’s first-ever gold jewelry automobile and celebrated the 5,000 years of the jewellery-making trade in India.

“As many as 14 methods of jewelry making have gone behind the trouble — from the intricate filigree work to the fragile and vibrant meenakari work, the gorgeous kundan to the standard naqashi, marking the convergence of various and culturally distinct jewelry making methods from round India,” the official had mentioned.

The Rs 22 crore Nano unveiled by Ratan Tata was reportedly a one-off showpiece that might tour Tata-owned jewelry shops throughout the nation.

Additionally Learn: Listing Of All Firms Owned By The Tata Group

For the most recent and fascinating monetary information, hold studying Indiatimes Value. Click on right here



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