India's largest carmaker Tata Motors plans to more than quadruple its production of electric vehicles this fiscal year, according to a media report. The company has also unveiled a study of a spacious e-car - vehicles on this platform are expected to be sold globally.
After building and selling 19,000 e-cars in the last fiscal year, Tata is set to expand production to 80,000 electric cars this fiscal year, according to a report by Reuters news agency. The information, however, does not come from Tata itself, but from sources with knowledge of the matter, Reuters writes.
While the company would not comment on the figures, it said that sales of electric vehicles would grow rapidly as demand outpaced supply. Last year, Tata Motors had already announced plans to launch 10 electric models by 2026 and invest around $2 billion in new vehicle architectures, related technologies and infrastructure.
The first results of the investments have now been presented: with the Avinya Concept, Tata Motors has presented a study based on its Pure EV electric car platform. Cars based on this architecture are also to be introduced globally. So far, Tata has only two electric cars in its range, but these are still based on combustion models. In the next two years, further e-cars are to be introduced that are based on modified combustion platforms and are already to be able to accommodate larger batteries. In the third step, vehicles on pure e-platforms are then planned.