-6.05 (-1.77%) Tata Motors is reportedly planning to enter into some of the export markets beyond South Asia, for its range of electric vehicles (EVs) as it sees an opportunity of selling affordable EVs in markets outside India. The export plans will coincide with the commercial launch of the CURVV, in two years from now.
The CURVV is part of the company’s product strategy as part of which it plans to offer technologically superior EVs in terms of design, architecture and range. The company has adopted a three-step approach to introduce progressively advanced electric products to the customers.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.