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Tata Motors to start deliveries of electric cargo 4-w Ace from Sept qtr
Tata Motors will commence deliveries of India’s first electric cargo four-wheeler EV Ace from the September quarter as it seeks to tap into the burgeoning demand for sustainable last mile delivery vehicles by e-commerce companies. The prices of the electrified version of the Ace, the sub-one tonne offering launched in 2005, will be revealed at the time of the commercial launch. The Tata Group flagship took the wraps off the model on Thursday and signed an agreement with a clutch of e-commerce companies including Amazon, Big Basket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV. Cumulatively, it has bagged an order for 39,000 units from these companies for the ACE EV. “Sustainable mobility is a trend as well as an imperative and is irreversible. It’s a global mega trend. At the at Tata Group and Tata Motors in particular, we have embraced this fully and
made it into a business model that integrates sustainability as one of the key pillars,” N Chandrasekaran, chairman, Tata Sons said at the unveiling. The Ace has been a category creator and the company is deeply encouraged by the interest the EV version has generated. Tata Motors will continue to engage and build e-cargo solutions not only on ACE platform but also in other categories, said Chandra....Read More