Tata to Electrify Commercial Vehicles Business

Tata Motors is planning to electrify a part of its commercial vehicles portfolio over the next two years, generating $500-700 million in business for the company, the Economic Times reported.

The Tata group company is the lowest bidder in a government tender for 5,500 electric buses and is set to sign deals with close to six e-commerce delivery and service providers to supply up to 20,000 units of its Ace electric mini truck, the report added.

Read the full report: The Economic Times.

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.