Is Tata Motors planning to deliver again the long-lasting Nano in an electrical avatar? Properly, the corporate could also be contemplating a resurrection of the automotive in an electrical model with a considerable revamping, together with adjustments to its suspension and tyres, based on automotive business sources.

Tata Motors could also be contemplating the revival of Nano and a platform improve as a part of its aggressive footprint enlargement within the electrical mobility section and to sweat current investments within the Nano undertaking, sources stated, as per TOI. Nevertheless, a Tata Motors spokesman stated “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.

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Tata Motors’ Electrical Automobile Ambitions

Tata Motors’ electrical car (EV) ambitions have been not too long ago highlighted by chairman N Chandrasekaran. On the 77th AGM, he stated 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 bounce over the FY22 tally of 19,500 items.

Tata Motors’ electrical lineup contains 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 would roll out 10 fashions within the subsequent 5 years, as per the report.

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

Additionally Learn: Record Of Tata Group Chairmen

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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 automotive’s physique was made with 80 kg 22-carat strong gold, 15 kg silver, treasured stones – together with diamonds, rubies – and different costly gems, an official had stated.

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

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The official said that the dear and absolutely useful automotive was not on the market, and was somewhat 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 automotive and celebrated the 5,000 years of the jewellery-making business in India.

“As many as 14 strategies of jewelry making have gone behind the hassle — from the intricate filigree work to the fragile and vibrant meenakari work, the beautiful kundan to the standard naqashi, marking the convergence of numerous and culturally distinct jewelry making strategies from round India,” the official had stated.

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: Record Of All Firms Owned By The Tata Group

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