Tata Announces It Is Developing Electric Car

Announcement mixed with other company news; no details provided on the vehicle.

Published: 26-Jul-2008

MUMBAI: Tata Motors, whose wonder car Nano is eagerly awaited to hit the roads, is now developing an electric car, company Chairman Ratan Tata said today. The company is also developing an eco-car in Thailand and has plans to bring out a new range of world-class trucks, he said.

Speaking at the company's AGM, Ratan Tata said FY 2009 will be a difficult but a not bad year for the company, which has recently acquired British luxury brands Jaguar and Land Rover. The year ahead is expected to be a watershed year with major challenges. Higher fuel prices, inflation and high interest rates will negatively impact both commercial vehicles and passenger car sales.

While dealing with these challenges in India, the Tata Motors's operations will also have to absorb the cost of the JLR acquisition and deal with its integration, Tata said. Jaguar and Land Rover would be priced in the range of Rs 60- 120 lakh, he added. He added that Tata Motors would soon seek the mandatory permission from market regulator SEBI for its planned which Rs 7,000 crore rights issues to part fund its recent JLR.


Powered by advanced lithium-ion batteries and two 67bhp (50kW) electric motors to drive the front and rear axles, the Mixim is a four-wheel-drive car with a theoretical top speed of 112mph and a potential maximum range of 156 miles.

Dodge ZEO is 2+2 electric muscle car for the 21st century powered by 200kW electric drive with 0-60 mph in less than 6 seconds and range of 250 miles.

The Air Car may do better than fuel-cell cars, but experts say that using grid power to charge a battery-powered electric vehicle is much more efficient than using electricity to compress and store the same amount of energy in a tank.


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