Tata plans $250m eco-car plant in Thailand

Few weeks back we reported you on Global auto makers plan to make Thailand an eco-car hub under the heading Is Thailand edging out India?

Tata Motors which will soon roll out the new generation sprint through its alliance with Thailand based Thonburi. Tata Motors will produce 35,000 pickups from 2008 in Thailand. Now, it plans to make 1lakh environment friendly cars in Thailand. Global Auto maker are making queue in Thailand to avail the tax breaks offered by the Government of Thailand to companies that produce hybrid vehicles. For more details read click the link specified above. Tata Motors has submitted an application to build a new eco-car assembly and parts plant, with annual output capacity of 1,00,000 to Thailand’s Board of investment. Tata Motors will invest around $250 million (1000crores) for the Thailand plant. Tata has already invested $43 million for the pick-up plant.

Ace pick-up:

Tata Motors may also produce a pick-up based on its small truck- Ace for the Thailand market. It has already launched the passenger version of Ace, called Magic, in the domestic market. Tata’s Magic could be re-engineered to a pickup and made available under different eco-friendly fuel forms like compressed natural gas (CNG) and liquefied petroleum gas (LPG) to meet the emission norms.

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