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|10th March 2015, 16:58||#1|
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Rumour: JLR to build an all electric car in Austria
Jaguar Land Rover recently launched the XE sedan in international markets and revealed the name of its first SUV- the F-Pace. The Tata Motors subsidiary is now reportedly planning to build an all-electric vehicle in Austria.
According to the report by the Sunday Times, JLR has plans for a small production line in Austria, to make about 10,000 cars a year by leasing space in an existing factory. Multiple automotive brands are entering the race to build EVs and hybrid vehicles, as ever constricting emission norms and penalties have made manufacturers go greener with their portfolio.
JLR's rival BMW has seen a positive response to the i3 and i8 and BMW India launched the latter in our sub-continent as well. Apart from the benefit of adding an electric vehicle to its portfolio, any technology developed with the car could be used to help the rest of JLR's range get more efficient. Reports suggest that the car in question could be revealed as early as 2016. Europe will most likely be the first market where the EV will be launched.
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|8th July 2015, 08:16||#2|
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Re: Rumour: JLR to build an all electric car in Austria
Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed amount in Ampere, a Coimbatore-based electric vehicle start-up founded by a woman entrepreneur.
Mr. Tata made the investment along with Ampere’s existing investor, Forum Synergies. The start-up, founded by software engineer Hemalatha Annamalai, will use the funds to scale up operations and hire talent over two years.
Ampere is the first automobile start-up investment for Mr. Tata, who conceived Nano, one of the world’s cheapest cars. In the last one year, he has invested in a slew of consumer Internet companies such as Ola, Snapdeal, Paytm, and Chinese smartphone maker Xiaomi.
Ms. Annamalai, alumnus of the Government College of Technology, Coimbatore, and Royal Melbourne Institute of Technology, Australia, pooled in personal savings to kick-start the venture in 2008. Ampere now sells electric vehicles across Tamil Nadu, Karnataka, Kerala and Maharashtra. Its products range from electric cycles and scooters to trolleys and special purpose vehicles for the differently-abled.
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