It has also recently unveiled a coupe style SUV which it plans to launch in the next two years.In an interaction with PTI, Tata Motors Managing Director Passenger Vehicle and Electric Vehicles Shailesh Chandra noted that huge demand for its EV range has led to a backlog of customer orders.We are seeing that the demand […]
Tata Motors expects EV volumes to double in FY-23, says PV market may hit a new peak – EQ Mag Pro
Tata Motors expects its electric vehicle sales to more than double in the current financial year, backed by strong demand for cleaner vehicles amid rising fuel prices. Also, given a sustained increase in orders, the company predicts India’s overall passenger vehicle market to scale to a new peak. The manufacturer of the Tigor and Nexon […]
Tata Motors says 20% rise in battery cell costs increasing short-term pressure – EQ Mag Pro
Shailesh Chandra, managing director of the passenger vehicles and electric mobility subsidiaries, said that cell prices have been rising over months and he expects them to remain high for about a year. Tata Motors, India’s top-selling electric carmaker, said the cost of battery cells had increased by around 20% because of a global surge in […]
Tata Motors PV EV sales of vehicles increases by 478% – EQ Mag Pro
Tata Motors PV EV sales of vehicles increases by 478%. For more information please see below link:
Electric vehicles to grab market share soon; M&M, Tata Motors, Sona Comstar among top automaker – EQ Mag Pro
The EV market share is estimated to jump sharply to 10% by FY25 on account of more launches and increased capacities, according to Nomura. A potential rise in fuel prices can also accelerate the EV adoption further. Electric vehicles are expected to come charging soon and will likely grab a substantial market share from petrol […]
Tata Motors expects CNG, EV sales contribution to go up in next 3-5 years – EQ Mag Pro
New Delhi: Tata Motors is expecting CNG cars contribution to grow up to 20 per cent gradually in its total sales over the next 3 to 5 years as it anticipates more entry-level petrol and diesel customers to opt for such models, a top company official has said. The Mumbai-based auto major is also bullish […]
Tata Motors expects CNG, EV sales contribution to go up in next 3-5 years – EQ Mag Pro
The Mumbai-based auto major is also bullish on the electric vehicle segment with sales expected to account for about 20 per cent of its overall dispatches over the next few years. Tata Motors is expecting CNG cars contribution to grow up to 20 per cent gradually in its total sales over the next 3 to […]
Tata Motors wants to make EVs mainstream, targets 50,000 annual sales in FY 2023 – EQ Mag Pro
The company will line up a range of mass-market offerings in sub-Rs 10 lakh in next 24 months, with an eye on 150,000 annual volume. Backed by a billion-dollar funding from TPG Capital and a new range of models, Tata Motors NSE -0.86 % is taking an early lead in the electric vehicles race with […]
Tata Motors’ pact with private equity firm TPG ‘credit positive’: Moody’s – EQ Mag Pro
Moody’s Investors Service on Wednesday stated that Tata Motors’ pact with personal fairness agency TPG is ‘credit score optimistic’, as it is going to assist the automaker to scale up its electrical car enterprise. Last month, Tata Motors introduced that it’s going to elevate USD 1 billion in its passenger electrical car (EV) enterprise from […]
Tata Motors expects to launch electric commercial vehicles soon – EQ Mag Pro
Homegrown auto major Tata Motors expects to launch the electric version of its small commercial vehicles ‘soon’ to tap the opportunity of electrification of the last mile transportation segment, a senior company official said on Thursday. Besides leveraging synergies from the passenger vehicles business unit of the company, Tata Motors’ commercial vehicles unit has been […]