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TATA Motors said on Tuesday 06.March.2007, that it was talking with makers of hybrid engines and fuel cells such as Ballard Power Systems about the possibility of using their technology in future car models.
Tata group Chairman Ratan Tata said India’s third largest maker of passeng
er cars needed a partner because it did not have the resources to develop ecologically friendly technology by itself. “A company like ours is unable to put large budgets into those types of developments,” he said at the Geneva auto show, adding that TATA could eventually license the technology to use in its cars.
Among the companies Tata was speaking to were Canadian battery-maker Ballard and car makers in Japan and Europe, he said. The Indian maker was also talking with Italy’s Fiat.
Source: Reuters
Compiled By: Saurav Chakraborty
Tata group Chairman Ratan Tata said India’s third largest maker of passeng
er cars needed a partner because it did not have the resources to develop ecologically friendly technology by itself. “A company like ours is unable to put large budgets into those types of developments,” he said at the Geneva auto show, adding that TATA could eventually license the technology to use in its cars.Among the companies Tata was speaking to were Canadian battery-maker Ballard and car makers in Japan and Europe, he said. The Indian maker was also talking with Italy’s Fiat.
Source: Reuters
Compiled By: Saurav Chakraborty
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