Tata Motors’ UK subsidiary, Tata Motors European Technical Centre plc, has acquired a 50.3% holding, at an acquisition cost of Kroner 12 million (Rs.9.40 crores), in Miljø Grenland/Innovasjon, Norway, which specialises in the development of innovative solutions for electric vehicles. The balance of shares will be retained by the existing shareholders who will continue to be associated with the venture.
Miljø will produce electric vehicles based on Tata Motors’ products, besides manufacturing of state-of-the-art super polymer lithium ion batteries and the development of related technologies. Tata Motors believes that this investment in Miljo will help the company realise its strategy to develop convenient, affordable and sustainable mobility solutions through electric and hybrid vehicles.
The first such vehicle to be developed by the company will be the Indica EV. It is scheduled for launch in Europe during 2009. Unlike existing electric vehicles, Indica EV will be a more practicable option for the consumer: capable of carrying 4 people, adequate luggage space, with a predicted range of up to 200 km and acceleration of 0-60 kmph in under 10 seconds. As in the Nano, Tata Motors continues its innovative approach with Indica EV too, using super polymer lithium ion batteries which will have superior energy density compared to the current best-in-class electric vehicles.
Thursday, February 26, 2009
Friday, February 20, 2009
ROLLS-ROYCE DELIVERS FIRST CAR TO THAILAND
Rolls-Royce Motor Cars has delivered its first car to Thailand. Dr Nikorn Hongsrisook, a prominent Thai businessman based in Bangkok, received his Phantom Extended Wheelbase car from Rolls-Royce Asia-Pacific Regional Director, Colin Kelly.
At the handover ceremony, Colin Kelly said, ”It is a great pleasure to be able to deliver this first car into Thailand to such an appreciative customer and automotive enthusiast. We look forward to being able to deliver more Rolls-Royce cars to customers in Thailand, in a market where we believe there is growing demand for ultra-luxury motor cars.”
Dr Nikorn Hongsrisook, President of Gems Gallery International Manufacturer Ltd, added, “As a person who is truly fascinated with super-luxury cars, Phantom is a very special car which I have always aspired to own. I feel very proud to have become the owner of the first Phantom in Thailand”.
At the handover ceremony, Colin Kelly said, ”It is a great pleasure to be able to deliver this first car into Thailand to such an appreciative customer and automotive enthusiast. We look forward to being able to deliver more Rolls-Royce cars to customers in Thailand, in a market where we believe there is growing demand for ultra-luxury motor cars.”
Dr Nikorn Hongsrisook, President of Gems Gallery International Manufacturer Ltd, added, “As a person who is truly fascinated with super-luxury cars, Phantom is a very special car which I have always aspired to own. I feel very proud to have become the owner of the first Phantom in Thailand”.
Dr Nikorn specified his bespoke car to feature a Diamond Black exterior and an interior finished with piano black wood and contrast stitching. Amongst other Bespoke features, the car comes with the award-winning starlight headlining, an optional feature that incorporates 800 fine fiber optics in the ceiling, creating the impression of a star-filled night sky.
Dr Nikorn’s car was built at the state-of-the-art Rolls-Royce Motor Cars manufacturing facility in Goodwood, West Sussex, England.
Proton to export MPVs to Thailand and Indonesia by July
Proton Holdings Bhd expects to export its first home-grown multipurpose vehicle (MPV) to Thailand and Indonesia by July.
“We are planning to export the MPV to Indonesia and Thailand in July but our priority is to satisfy local demand first.” Proton chairman Datuk Mohd Nadzmi Mohd Salleh said.
He told reporters Tuesday after unveiling the name of the MPV that the company needed to export its vehicles as “our local market is not big enough for us to become a major automotive player.”
The MPV is known as the Exora.
Nadzmi said the Exora symbolised Proton’s efforts to incorporate many of the best features available in a passenger vehicle into the MPV.
The model is scheduled to be launched in April and customers can make bookings from February 21 onwards at all 293 Proton Edar and EON sales offices nationwide.
“We are planning to export the MPV to Indonesia and Thailand in July but our priority is to satisfy local demand first.” Proton chairman Datuk Mohd Nadzmi Mohd Salleh said.
He told reporters Tuesday after unveiling the name of the MPV that the company needed to export its vehicles as “our local market is not big enough for us to become a major automotive player.”
The MPV is known as the Exora.
Nadzmi said the Exora symbolised Proton’s efforts to incorporate many of the best features available in a passenger vehicle into the MPV.
The model is scheduled to be launched in April and customers can make bookings from February 21 onwards at all 293 Proton Edar and EON sales offices nationwide.
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