Thursday, January 24, 2008

Tata And Chrysler Sign Deal To Import Electric Vehicle


India's top vehicle builder really wants to become a world player. To that aim, Tata Motors has entered into a new deal with Chrysler, LLC to develop an electric version of Tata's Ace mini truck for sale in North America.

Chrysler's Global Electric Motorcars division (GEM) is working with Tata to import fully-assembled vehicles that meet all the appropriate U.S. regulations. The battery-operated Ace has successfully navigated the required safety tests, and they're reportedly ready for production. Tata wants to eventually export up to 50,000 vehicles to the US, but they've pegged the goal for 2008 at 10,000 units.

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