Tata Technologies, a leading engineering services outsourcing and product development IT services company, recently participated at an event by EV100 — a global initiative which brings together forward-looking companies committed to accelerating the transition to electric vehicles (EVs), held in Beijing, China.
The forum saw discussion on the unprecedented change that the global auto industry is going through. Tata Technologies highlighted its end-to-end capabilities in the EV market and showcased its innovative Electric Vehicle Module Platform (EVMP) designed to meet the changing demands of the industry.
Steven Haywood, executive vice-president, Global Engineering, Research, and Development, Tata Technologies, highlighted the need to improve EV economics and increase product competitiveness. He spoke about the four mega trends of electrification, mobility, connectivity and autonomy and added that the emergence of three additional mega trends, ‘pay as you go channels’, ‘man machine interfaces’ and ‘digitisation of processes’, which are further changing the dynamics of this fast-paced industry segment.
Tata Technologies says it firmly believes that the use and reuse of a single body architecture concept as a platform for new models is likely to be the fastest way into the market. The EVMP brings this concept to reality as it helps automakers and OEMs increase manufacturing efficiency and reduce costs.
“By 2025, Asia will be able to scale EV economics provided governments and auto players cooperate to reduce material costs and normalise EV prices. Tata Technologies is committed to building a better world through greener technologies that can benefit EV makers as well as OEMs,” Haywood commented on the future markets.
It maybe recollected that Tata Technologies has been a development partner for Chinese EV maker NIO, and is developing platforms and brings in process efficiencies through emerging technologies such as AR, VR, digital twin and data mining.