The company may be considering a Nano revival and platform upgrade as part of its aggressive footprint expansion in the electric mobility segment and to sweat existing investments in the Nano project, sources said. When contacted, a Tata Motors spo-kesman said in an emailed reply, “Tata Motors doesn’t comment on speculation and forthcoming vehicles. ”
Tata Motors’s electric vehicle (EV) ambitions were recently highlighted by chairman N Chandrasekaran. Atthe 77th AGM, he said that the company sold 5,000 EVs in FY21 and 19,500 in FY22. In the current fiscal, the target was to sell 50,000 EVs, hitting 100,000 by FY24. Already the company has sold over 24,000 EVs in the April-November 2022 period —asharp jump over the FY22 tally of 19,500 units.
Tata Motors’s electric lineup includes the Nexon EV, Tigor EV, Tiago EV and the Xpres-T EV. The company has already showcased its EV concepts Curvv and Avinya and has announced it will roll out 10 models in the next five years.
The Tata Nano was launched in January 2008 and, with its aggressive pricing, positioned as a people’s car. Tata Motors stopped producing the car in May 2018. Sources in the industry said if the plans to “productionise” a new Nano EV does kick off, the company could also restart its talks with the Tamil Nadu government regarding acquisition of the Ford plant in Maraimalainagar.
