Force Motors is planning to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development. The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans' ranges step by step going forward.
The investment will be across conventional engines, EVs, upgrading further engineering facilities, creating a more sustainable environment. It is across the board and across the value chain. The company, which showcased its Traveller Electric, Urbania Diesel, and Traveller CNG at the Bharat Mobility Global Expo, has embarked on an electrification drive, although it will continue with its conventional engine vehicles.
Force Motors is a Pune-based commercial vehicle maker. It is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.
Company Name | CMP |
---|---|
Tata Motors | 922.85 |
Ashok Leyland | 224.00 |
Force Motors | 8780.00 |
Olectra Greentech | 1746.40 |
Tata Motors - DVR | 621.50 |
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