‘Tata Tech now a key player in EV space’

Company developing more than 11 electric vehicle projects globally: Bhade
Tata Technologies Ltd. has emerged as a leading end-to-end developer of electric vehicles (EVs) for global original equipment manufacturers (OEMs) and start-ups, a top executive said.“We reinvented the company to be ready for the EV play,” said Anand Bhade, president, Asia Pacific, Tata Technologies. “The company was an automotive domain expert since inception. We reinvented ourselves to be ready for the mobility transformation wave that was happening around the world,” Mr. Bhade said in an interview.“We are not only ready, but are successful in delivering a fully-built electric SUV. Now, we have a global footprint and [are] currently developing more than 11 EV projects around the world,” he added. In 2014, when the company saw a lot of disruption happening, it decided to focus on the EV space in China, banking on its years of expertise, he said.
Source : https://www.thehindu.com/todays-paper/tp-business/tata-tech-now-a-key-player-in-ev-space/article24748368.ece

About ChinmayaIAS Academy - Current Affairs

Check Also

pmla

PMLA: Combating Money Laundering and Financial Crimes

Concept : The Prevention of Money Laundering Act (PMLA), enacted by the Indian government, targets …

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates