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Tata Motors to continue investing Rs 2,000 cr per annum

Tuesday, 27 Sep 2022
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Tata Motors is planning to continue investing in Rs 2,000 crore in its commercial vehicle business per annum going ahead. 
The company is also looking to transition to electric mobility through vehicles powered by CNG and other alternative fuel options. 
The company is increasing its range of alternative fuel vehicles. The company expects CNG models to account for around 40 percent in intermediate and light commercial vehicles and around 20 percent in small commercial vehicles going ahead. 
The company has started the production of Tata Ace EV, and the deliveries were expected to begin in October 2022.
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