 "Tata Motors")
Tata Motors’ subsidiary Tata Passenger Electric Mobility Ltd (TPEML) on Monday signed a tripartite memorandum of understanding (MoU) with Ford India Pvt Ltd (FIPL) and the Government of Gujarat for taking over Ford’s passenger vehicle-manufacturing plant in Sanand.
This will help Tata Motors accelerate the enhancement of its capacity to make personal vehicles (PVs) and electric vehicles (EVs). This unit is adjacent to the existing manufacturing facility of Tata Motors’ PV unit in Sanand, which should help in a smooth transition, said Shailesh Chandra, managing director, TPEML.
With this, Ford India’s Sanand plant paves the way for manufacturing EVs. This will be followed by the signing of the definitive transaction agreements between TPEML and FIPL over the next few weeks,
