Tata Motors Ltd has signed a development contract with Chrysler LLC for electric vehicles.
The deal, with the US carmaker's Global Electric Motorcars unit, is for an electric version of Tata's mini truck Ace that would be sold in the United States.
"The battery-operated vehicle has passed required safety and reliability tests, and the prototype is ready for production," it said, adding they will be exported as completely built units.
Tata Motors will begin exporting around 10,000 units by year-end, and ramp up to 50,000 units.
"We are indeed exploring the feasibility of a vehicle on the Ace platform with an electric engine suitable for the US, in collaboration with a US company," according to a spokesman for Tata Motors. "But it is premature at this stage to give any details."
Tata Motors, which launched a passenger variant of its best-selling Ace last year, is working with foreign collaborators on bio diesel and electric traction technology, and is in talks for hybrid engines and fuel cells
Courtesy:timesofidia.com
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Wednesday, January 23, 2008
Tata to make electric vehicles with Chrysler
Labels: India Business
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