Business
India Infrahub
May 29, 2022, 12:48 PM | Updated 12:48 PM IST
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Tata Motors Limited (TML) filed a record number of 125 patents in FY22, the highest ever in its history and received a grant of 56 patents during the same period.
“The patents filed entail a diverse range of innovations and developments in traditional and new energy powertrain technologies, safety, connected vehicle technologies, body in white (BIW) and trims along with other vehicle systems,” the company said.
“With a rich history of pioneering technology and engineering solutions, TML has been consistently making ‘ahead- of-the-curve’ investments in new age technologies, with a focus on enabling future ready mobility,” it added.
“We have established a legacy of setting new benchmarks with cutting-edge technologies and features in the areas of new energy solutions, safety, product performance, cost of ownership and digitalization,” Rajendra Petkar, President and CTO, Tata Motors, said.
TML is unveiling big plans in the Electric Vehicle (EV) segment to become the leading player in India’s rapidly growing EV sector.
Tata Motors’ long-term vision is to ensure that EVs make up 20 per cent of their total sales. Earlier, the company had outlined its plans to launch ten new EV models by FY26.
Recently, Tata Motors launched an electric four-wheel small commercial vehicle (SCV) and announced the signing of a strategic Memorandum of Understanding (MoU) with leading e-commerce companies to deliver 39,000 units of electric SCV.
Also, Tata Motors has emerged as the lowest bidder for the Rs 5,000 crore worth tender for 5,450 electric buses floated by the state-owned Convergence Energy Services Ltd.