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JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.
The Tata Ace EV truck is powered by a AC Induction motor that produces 36 hp. The Ace EV offers a payload capacity of 600 Kgs. Prices for the Tata Ace EV start at Rs 6,60,000 lakhs (ex-showroom).