Tata Motors unveils Ace EV, bag orders for 39,000 units from e-commerce companies

Business

Tata Motors Ltd. announced on Thursday the all-new Tata Ace EV, the electric version of its Ace light commercial vehicle, exactly 17 years after its initial launch in India.

The EV will be available in stores next quarter and will initially be delivered to e-commerce companies that have collectively placed an order for 39,000 units, Tata Motors said. The vehicle offers a range of 150km on a single charge and will be used for last mile delivery, the company added.

Introducing the Ace EV, N. Chandrasekaran, Chairman of Tata Sons and Tata Motors said, “E-mobility is an idea whose time has come. At Tata Motors we are moving fast and broadly to lead this change – across passenger cars, commercial vehicles and Jaguar Land Rover.”

“With the launch of the Ace EV, we are entering a new era of e-cargo mobility. Tata Ace is India’s most successful commercial vehicle of all time. It has revolutionized transportation and spawned millions of successful entrepreneurs over the years,” said Mr. Chandrasekaran.

“It will continue to build on that legacy by providing a technologically advanced, clean and intelligent mobility solution,” he added. Developed in collaboration with its users and supported by a carefully curated ecosystem, the new Ace EV aims to provide a holistic solution for e-cargo mobility.

The company will provide a complete solution that includes charging infrastructure, service support and even vehicle financing. Girish Wagh, Executive Director of Tata Motors, said: “The launch of the Ace EV marks an important milestone in our journey to providing zero-emission freight mobility in India.”

“Building on our experience and success with electric buses, we have developed application-specific EV solutions for inner-city distribution,” he said.

“These solutions effectively address application needs and provide a superior value proposition to all stakeholders. We are very encouraged by the support and response from our e-commerce customers as we embark on this journey of zero-emission freight mobility,” added Mr. Wagh.

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