Tata Motors plans to bring a plethora of electric vehicles catering to not just fleet owners and government sales but also to private consumers with aspirational products going ahead, according to a senior company official.
“In the coming years we are going to bring in cars that are relevant for a fleet, relevant for the government, officials and then aspirational vehicles in the private segment,” he said in an interaction on the sidelines of the 89th edition of Geneva Motor Show. The company plans to cater to the fleet segment with products like Tigor EV while for the private segment it aims to offer aspirational products to customers who have “natural inclination for higher performance and who seek newer technologies”, he added.
Tata Motors would also focus at bringing in buses and small light commercial vehicles which satisfy government requirements and cater to last mile distribution respectively, he said.
Last month, the government announced Rs 10,000 crore FAME II scheme which will be implemented over a period of three years with effect from April 1, 2019. Under the scheme, the subsidy will be provided to three-wheeler and four-wheeler EVs used for public transport or registered commercial purposes. Through the scheme, 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses are planned to be given subsidies.