Thursday, November 5, 2009

Tata envisioning big sales of Indica Vista EV? — Autoblog Green

Tata envisioning big sales of Indica Vista EV? — Autoblog Green: "Could it be that Tata is expecting to move lots of Indica Vista EVs when they bring them to the market, beginning with Norway later this year? If the tea leaves are being read properly, then yes. A short press release from the American offices of the South Korean battery maker Energy Innovation Group Ltd. (EIG) announces that they will supply their lithium polymer cells to Miljøbil Grenland AS, the Indian giant's Norwegian subsidiary until 2012. The agreement anticipates as many as two million of the large formats cells being shipped in that time frame which, we think, translates to thousands of cars.

Of course, Electrovaya is already a battery supplier to Miljøbil Grenland but according to that company they need a bit more time to put up a new factory in Norway where Indica gliders are currently being shipped for drivetrain integration. Eventually, at least some production of the car will shift to the UK which recently granted (after taking its sweet time) Tata a £10 million loan to enable it to build the car there. The EIG press release awaits your scrutiny after the break."

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