N Chandrasekaran Tata group Chairman on Thursday stated that Tata Motors, in order to develop electric vehicle (EV) ecosystem in the country, is working closely with other group entities such as Tata Capital and Tata Power.

Chandrasekaran while addressing the synergies between different group entities stated, “Tata Motors is leading the effort to develop an electric vehicle (EV) ecosystem in partnership with Tata Capital for financing and Tata Power for the charging infrastructure network.”

Chandrasekaran, in his new year address to the entire employees of Tata Group, said that the group companies are engaging closely to work together where it makes business sense, to create new business approaches and differentiation. He also added that efforts to enhance the areas of loyalty programmes, payments, shared services etc are ongoing.

The company, under the leadership of Shailesh Chandra, has created an electric mobility business. The company also participated in the tender floated by Energy Efficiency Services Ltd and has already completed the production of 250 cars.