Leading commercial vehicle (CV) maker Tata Motors on Wednesday said 40 per cent of its investments in 2024-25 would be in advanced technologies, including electrification and alternative fuels.
Girish Wagh, the company's executive director who also heads the CV arm, said: "We will have more than 40 per cent of our investments this year in advanced technologies, and within that, the bulk of the capital expenditure will go into electrification and alternative fuel. We will have natural gas and bi-fuel across the range."
He further said in terms of electrification the company would follow a platform and modular methodology. "Apart from battery electric, we are also working on fuel-cell electric technology, and we already have 15 buses running on this in Delhi. Some part of this expenditure will also go into Hydrogen internal combustion engines (ICE). We have a facility in Pune and we also have an Hydrogen ICE engine-making facility Jamshedpur ready," Wagh said.
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