As part of Tata’s effort to create electric vehicles, its chairman N Chandrasekaran announced that the business is planning to start a battery company in India and overseas.
The company is transitioning to a more sustainable business model across the board, including a clean mobility drive at Tata Motors and its British luxury brand Jaguar Land Rover. At an industry gathering, Chandrasekaran stated.
To satisfy severe climate objectives, automakers throughout the world are exploring zero-emission plans that include investments in batteries and the supply chain for raw materials.
“Pressure on making the climate transition is only going to increase … deadlines will only get advanced going forward,” he said, adding that the Tata group will soon announce its goal towards becoming carbon neutral.
The battery “blueprint” is part of a broader plan to be “future ready” by investing in renewable energy, hydrogen, storage solutions and the circular economy, he said.
