Tata Motors (you can stop snickering anytime now) of India wants to build more environmentally friendly vehicles than they do now. Since they have limited development resources and knowledge as only the third largest car-maker in India, they are talking to manufacturers hybrid and fuel cell power-train components about getting some of that technology.
In Geneva for the Motor Show, Tata Group chairman Ratan Tata said that his company is talking to companies such as Ballard Power Systems, a maker of fuel cells, and various car-makers about getting some hybrid components to use. Tata acknowledges that his company will probably never be a major brand in Europe, but they would like to grow to a stable sustainable level. Although Tata wants to grow the business, he wants to do it organically rather than through acquisitions.
Related:
[Source: Automotive News - Subscription required]
In Geneva for the Motor Show, Tata Group chairman Ratan Tata said that his company is talking to companies such as Ballard Power Systems, a maker of fuel cells, and various car-makers about getting some hybrid components to use. Tata acknowledges that his company will probably never be a major brand in Europe, but they would like to grow to a stable sustainable level. Although Tata wants to grow the business, he wants to do it organically rather than through acquisitions.
Related:
[Source: Automotive News - Subscription required]
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