Tata Group readying plan for battery company in India, abroad: Chandra

The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit JLR, says its chief

N Chandrasekaran
N Chandrasekaran
Reuters New Delhi
1 min read Last Updated : May 11 2022 | 9:03 PM IST

India's tech-to-autos Tata Group is drawing up plans to launch a battery company in India and abroad, its chairman N Chandrasekaran said on Wednesday, as Tata deepens its push to build electric vehicles.

The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, Chandrasekaran said at an industry event.

To meet stringent climate goals, automakers globally are pursuing zero-emission strategies by also investing in batteries and their raw material supply chain.

Tata Motors, India's biggest electric carmaker, has plans to launch 10 electric models by 2025, whereas Jaguar Land Rover's luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030.

"Pressure on making the climate transition is only going to increase ... deadlines will only get advanced going forward," he said, adding that the Tata group will soon announce its goal towards becoming carbon neutral.

The battery "blueprint" is part of a broader plan to be "future ready" by investing in renewable energy, hydrogen, storage solutions and the circular economy, he said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :N Chandrasekaran

First Published: May 11 2022 | 9:01 PM IST

Next Story