Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Tata Motors launches Ace EV 1000 for e-cargo

EditorFrank DeMatteo
Published 2024-05-09, 07:10 a/m
© Reuters.
TAMO
-

INDIA - Tata Motors (BO:TAMO) (NYSE:TTM), India's foremost commercial vehicle producer, has introduced the new Ace EV 1000, an electric mini-truck designed for last-mile deliveries. This latest addition to Tata's electric vehicle (EV) lineup boasts a payload capacity of one tonne and a single-charge range of 161 kilometers, aiming to transform urban cargo transport with its zero-emission operation.

The Ace EV 1000 is backed by extensive customer feedback and is tailored to meet the demands of sectors including fast-moving consumer goods (FMCG), beverages, and dairy. With over 150 dedicated Electric Vehicle Support Centres nationwide, Tata Motors ensures comprehensive service coverage for its electric fleet.

Equipped with a sophisticated battery management system and the Fleet Edge telematics platform, the vehicle promises high uptime and efficient fleet management. The Ace EV is part of Tata's UniEVerse ecosystem, which involves collaboration with other Tata Group companies and leading financiers to provide a complete e-cargo mobility solution.

Vinay Pathak, Vice President & Business Head – SCV&PU, Tata Motors Commercial Vehicles, commented on the Ace EV's performance, noting that customers have enjoyed a profitable and sustainable experience over the past two years. With the Ace EV 1000, Tata aims to extend these benefits to a broader customer base, contributing to a more sustainable future while emphasizing value and low ownership costs.

The electric mini-truck features the EVOGEN powertrain, ensuring a smooth driving experience, and comes with a 7-year battery warranty and a 5-year comprehensive maintenance package. It includes an advanced battery cooling system and regenerative braking to maximize range. The Ace EV is powered by a 27kW motor, delivering 130Nm of peak torque for superior pickup and grade-ability.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Tata Motors' Ace EV 1000 is now available for purchase at commercial vehicle dealerships across India, offering various cargo deck configurations to suit different industry needs. This launch represents Tata Motors' commitment to expanding its electric vehicle portfolio and supporting cleaner transportation solutions.

This news is based on a recent press release statement from Tata Motors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.