Tata is investing in Ampere Private Vehicles Ltd, a producer of electric vehicles including motorcycles and scooters:
http://www.thehindu.com/business/Industry/ratan-tata-bets-big-on-electric-vehicle-company-ampere-in-coimbatore/article7396545.ece
Given his past interest in low-cost transportation options for the masses, it might be useful for Ratan Tata to take a look at the interesting approach that LIT Motors in California has been taking:
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