The Tata Motors may be considering a resurrection of the people’s car Nano in an electric version with substantial revamp of its original platform, including changes to its suspension and tyres, sources in the automotive industry said.
According to reports, the company may be thinking about bringing the Nano project back to life and upgrading its platform as part of its ambitious footprint development in the electric mobility market. When asked about the upgradation of Nano, a spokeswoman for the company said, "Tata Motors doesn't comment on rumours about upcoming vehicles."
Tata Motors’s electric vehicle (EV) ambitions were recently highlighted by chairman N Chandrasekaran. At the 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 - a sharp 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. Currently, its Nexon EV is the top selling electric passenger vehicle in India with a 35,000 strong customer pool. Tata Motors is the market leader in the EV four-wheeler segment.