With Long-Term EV Ambitions, Tatas To Venture Into Semiconductor And Battery Production

by Swarajya Staff - May 2, 2022 12:19 PM +05:30 IST
With Long-Term EV Ambitions, Tatas To Venture Into Semiconductor And Battery ProductionTata Sons’ chairman N Chandrasekaran.

The Tata Group plans to venture into semiconductor production in order to address the global chip shortage.

N Chandrasekaran, chairman of the Tata Sons Pvt, revealed to the press during an event in Mumbai that the conglomerate is simultaneously considering manufacturing batteries for electric vehicles (EVs).

Tata Motors is reportedly seeking alternatives for chips and even purchasing them from the open market to work around the prevalent semiconductor crunch.

“Supply chain is getting very precarious and uncertain,” Tata Motors’ Passenger Vehicles Managing Director Shailesh Chandra was quoted in a report by The Economic Times.

The company holds a 70 per cent share in the country’s electric-car market and Chandra explained that the chip shortage has a more ‘acute’ impact on electric vehicles (EVs) than in gasoline models.

Accordingly, the waiting period for EVs at Tata Motors could be as long as six months as compared to four months for internal combustion engine (ICE) cars.

Meanwhile, the automaker has also made public its plans to roll out its inaugural pure electric car named ‘Avinya’ by 2025.

Get Swarajya in your inbox everyday. Subscribe here.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Comments ↓
Get Swarajya in your inbox everyday. Subscribe here.
Advertisement

Latest Articles

    Artboard 4Created with Sketch.