Auto companies like Hyundai, Tata Motors, advance plans to make electric cars in India

Tata Motors

Hyundai, Tata Motors

MUMBAI: Signalling a major change in stance, carmakers are advancing plans to make

electric cars in India by giving them preference over hybrid versions. Automakers such as Hyundai,

Tata Motors and Mahindra & Mahindra are leading the race to roll out electric cars soon.

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Hyundai Motor, South Korea’s largest carmaker, is considering the assembly of

electric vehicles in India as early as 2019 and has dropped hybrid car plans for the market.

BUT

Tata Motors is readying an electric version of its Tiago, which is expected to be showcased in the upcoming Auto Expo.

That’s not all. Its ambitious small car Nano to is in the process of being revived, powered by an electric motor.

With a strong tailwind in favour of electric vehicles, Mahindra & Mahindra,

India’s pioneer in the electric car segment, recently committed Rs 600 crore to its

electric vehicle arm and plans to strengthen its portfolio, starting from the E2O to a

Pininfarina-designed auto. Mahindra & Mahindra owns the storied design house.

Mahindra & Mahindra will perhaps have the widest range of electric vehicle offerings in the country,

possibly extending from the KUV to the XUV 500.

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SOURCE LINK:https://goo.gl/USM8A1

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