Tata Motors likely to raise $1 billion to bolster EV business: Report
1 year, 10 months ago

Tata Motors likely to raise $1 billion to bolster EV business: Report

Live Mint  

Tata Motors is reportedly planning to raise $1 billion to strengthen its electric vehicle business in the country. In 2021, Tata Motors raised $1 billion from TPG and Abu Dhabi state holding company ADQ for its EV unit at a $9 billion valuation, pledging to invest more than $2 billion in its EV business over five years. Aligned towards its goal of a clean and green environment, Tata Motors will be aiding Uber in electrifying its services across Delhi-National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad. In July 2021, Tata Motors launched the 'XPRES' brand exclusively for fleet customers, and the XPRES-T EV is the first vehicle under this brand.

Billion Tata Tata Motors Motors Xpres  uber  xprest  electric  billion  ev  funds  fleet  raise  bolster  motors  business  likely  tata  investment  report

History of this topic

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive
3 months ago

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive

Live Mint  

NEW DELHI : Tata Motors Ltd, India’s leading electric vehicle manufacturer, is engaging with the Centre to re-examine the e-taxi segment's exclusion from the ₹10,900 crore EV subsidy scheme approved by the cabinet on 11 September, two people close to the development said. The PM Electric Drive Revolution in Innovative Vehicle Enhancement, marking the third phase of the Faster Adoption …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
4 months, 1 week ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Hindu  

In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in the country within …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
4 months, 1 week ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

New e-vehicle policy aims to attract foreign investment
9 months, 1 week ago

New e-vehicle policy aims to attract foreign investment

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. Issuing an official statement, the ministry of commerce & industry said that the companies setting up manufacturing facilities for e-vehicles would be allowed to import a limited number of cars at lower …

India Approves EV Policy to Attract Global Players
9 months, 1 week ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

Planning to buy a new car? Tata Motors to hike prices up to 2% across segments from this date
9 months, 2 weeks ago

Planning to buy a new car? Tata Motors to hike prices up to 2% across segments from this date

Hindustan Times  

Tata Motors announced on Thursday that it would implement a price hike of up to 2 per cent on its commercial vehicles starting April 1 to compensate for lingering effects from previous input cost increases. Although the degree of increase will vary based on individual models and variants, it will be implemented uniformly across the entire spectrum of commercial vehicles, …

Tata Motors share price: Morgan Stanley's 'overweight' call on demerger decision
9 months, 2 weeks ago

Tata Motors share price: Morgan Stanley's 'overweight' call on demerger decision

Hindustan Times  

Tata Motors Share price today: Morgan Stanley assigned 'overweight' call on Tata Motors after the Indian automaker said that it will split into two listed companies- commercial vehicle and passenger vehicle businesses as separate entities. Tata Motors Share price today: A Tata Motors logo installed at one of its showroom is pictured in Mumbai. Stocks in focus today: Tata Motors …

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY
9 months, 3 weeks ago

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Live Mint  

Tata Motors reported an 8.4% rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The automobile major’s total domestic sales stood at 84,834 units last month as against 78,006 units last month, a growth of 9%. Tata Motors’ passenger vehicles sales, including electric vehicles, in the domestic market, …

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors
9 months, 4 weeks ago

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors

India TV News  

Tata Motors Passenger Vehicles Managing Director Shailesh Chandra has predicted the growth of the domestic passenger vehicle industry to be less than 5 percent in the next fiscal. Therefore, we are seeing with this high base effect, and FY25 will be slightly challenging with less than 5 percent growth rate," Chandra said in an analyst call. Chandra noted that in …

In a first, Tata Motors cuts its EV car prices
10 months, 1 week ago

In a first, Tata Motors cuts its EV car prices

The Hindu  

The market leader in electric passenger vehicles, Tata Motors, has slashed prices for two of its electric vehicle cars by up to ₹1.2 lakh in a first such cut by a car maker in India. Tata Passenger Electric Mobility Ltd. attributed the decision to the reduction in raw material cost. With battery cell prices having softened and considering their potential …

Tata Motors EVs get price cut of up to ₹1.2 lakh
10 months, 1 week ago

Tata Motors EVs get price cut of up to ₹1.2 lakh

Hindustan Times  

Indian automaker Tata Motors's electric vehicle unit on Tuesday said it has is the reduced prices of its cars by up to 120,000 rupees in what first instance of a price cut by an electric carmaker in the country. Nexon EV now starts at ₹ 14.49 lakh Electric variants currently form just 2% of car sales in India, as buyers …

Tata Motors hits 52-week high after 137% surge in Q3 profits reported
10 months, 2 weeks ago

Tata Motors hits 52-week high after 137% surge in Q3 profits reported

Hindustan Times  

Shares of Tata Motors, India's most valuable carmaker, hit a record high on Monday, rising as much as 7.2%, after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover. Despite global demand being a concern, with JLR's strong order book, Tata Motors is on track to …

Tata Motors was the top Nifty gainer of 2023. But this EV stock is a better bet
11 months ago

Tata Motors was the top Nifty gainer of 2023. But this EV stock is a better bet

Live Mint  

As governments, industries and consumers around the world embrace cleaner alternatives, electric vehicles are set to redefine the future of transportation, promising a more sustainable and efficient era on the roads. Why Amara Raja is a better EV bet than Tata Motors While Tata Motors has been the obvious choice for investors looking to ride the EV megatrend, the fact …

Tata Punch EV launched at starting price of ₹10.99 lakh. Check features, specs
11 months, 1 week ago

Tata Punch EV launched at starting price of ₹10.99 lakh. Check features, specs

Hindustan Times  

Tata Motors on Wednesday launched its second electric sports utility vehicle, the Punch EV, in India. The customers can book Punch EV either through Tata's EV-only dealership or through Tata Motors' official website at a booking amount of ₹21,000. Tata Punch EV's mid-range version can generate up to 80bhp of power and 114 Nm of peak torque. Punch EV is …

Tata Punch EV launched at Rs 10.99 lakh, deliveries to begin on Januray 22
11 months, 1 week ago

Tata Punch EV launched at Rs 10.99 lakh, deliveries to begin on Januray 22

India TV News  

Tata Passenger Electric Mobility Ltd, a subsidiary of Tata Motors, has launched its first all-electric vehicle - the Punch.ev. It aims to catapult the Indian EV market and leapfrog India into an era of pure EVs,” Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, said in an official statement. The EV features a …

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says
11 months, 2 weeks ago

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says

Daily Mail  

Owning an electric vehicle instead of a petrol car could save drivers around £10,000 over a decade and a half, according to a green think tank. Switching to electric could save owners up to £700 a year compared to driving a petrol car, a green think tank has estimated: Pictured, an electric Hyundai Ioniq5 While the upfront cost of new …

Tata to bring 5 cars on new 'acti.ev' platform; Punch EV to be first
11 months, 2 weeks ago

Tata to bring 5 cars on new 'acti.ev' platform; Punch EV to be first

Hindustan Times  

Tata Passenger Electric Mobility, the company's electric vehicle arm, is planning to bring five products over the next 18 months using its first advanced pure electric vehicle architecture, 'acti.ev'. acti.ev is a global-ready, future-facing pure electric architecture that enables the implementation of software-oriented features, ensuring that our vehicles are not only technologically advanced but also future-proof," TPEM Chief Products Officer, …

Tata Motors lobbies India not to lower EV import taxes as Tesla looms: Report
1 year ago

Tata Motors lobbies India not to lower EV import taxes as Tesla looms: Report

Live Mint  

Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, as the government reviews Tesla's plans to enter the market, people with direct knowledge said. As India tries to boost domestic manufacturing and electric vehicle adoption, Tesla is proposing to set up an Indian factory but …

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report
1 year, 1 month ago

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report

Hindustan Times  

According to a report, India will be the second market and first non-European destination for a proposed 2-door electric car from Elon Musk's Tesla, with the model also being the largest EV manufacturer's ‘most affordable’ vehicle. “While Tesla has earmarked its German facility for this most affordable car, it expects sizable volumes of this model from the Indian market. Meanwhile, …

Tata Tech expects robust demand from EV and aviation, says CEO
1 year, 1 month ago

Tata Tech expects robust demand from EV and aviation, says CEO

Live Mint  

Mumbai: IPO-bound Tata Technologies expects a bump in demand from Tata Group anchor clients Jaguar Land Rover and Tata Motors in the near term, Warren Harris, chief executive of Tata Technologies Ltd said in an interview. “That will provide demand, and although we have reduced the contribution from Tata Motors and JLR, over the last 10 years, we think that …

‘Tata Motors on track to sell 1,00,000 e-passenger cars in FY24’
1 year, 2 months ago

‘Tata Motors on track to sell 1,00,000 e-passenger cars in FY24’

The Hindu  

Tata Motors Ltd., is on-track to sell about 1,00,000 electric passenger cars during the current fiscal year, according to Vivek Srivatsa, Head Marketing, Sales and Service Strategy at Tata Passenger Electric Mobility. From April to September 2023, Tata Motors sold 36,500 electric passenger cars against 50,443 units in FY23. “Our ambition is to sell 1,00,000 units in the current fiscal,” …

Tata Motors to tap smaller cities' EV demand, boost sales infrastructure
1 year, 4 months ago

Tata Motors to tap smaller cities' EV demand, boost sales infrastructure

Hindustan Times  

Tata Motors is looking to expand sales outlets in Tier II and Tier III cities in order to cater to the increased demand for its electric model range from such locations, according to a top company executive. Shailesh Chandra, MD, Tata Motors and Tata Passenger Electric Mobility Limited and Praveer Sinha, CEO & MD, Tata Power during the launch of …

Tesla to discuss India factory for Rs 20 lakh EV with commerce minister: Report
1 year, 4 months ago

Tesla to discuss India factory for Rs 20 lakh EV with commerce minister: Report

India Today  

Representatives from Tesla are set to meet with commerce minister Piyush Goyal to discuss a proposal to set up a factory in India for manufacturing its cheapest electric vehicle worth Rs 20 lakh, reported news agency Reuters. It's worth noting that EVs currently account for less than 2 per cent of total vehicle sales in India, despite the country being …

Tata has placed the UK on the starting grid of today’s EV race
1 year, 5 months ago

Tata has placed the UK on the starting grid of today’s EV race

Live Mint  

British government officials describe the Tata Group’s decision to build an electric-car battery factory in the UK as a “major vote of confidence” and a huge boost for the country’s auto industry, saying it will create thousands of jobs and help drive economic growth. As of last year, the UK was projected to have the ninth-largest battery output in Europe …

Tata Group to Invest Over £4 Billion in UK Electric Battery Factory, Creating Thousands of Jobs
1 year, 5 months ago

Tata Group to Invest Over £4 Billion in UK Electric Battery Factory, Creating Thousands of Jobs

News 18  

Tata Group is set to invest more than £4 billion in a giant battery plant in southwest England that will create thousands of jobs, the UK government said on Wednesday. “Tata Group’s multi-billion-pound investment in a new battery factory in the UK is testament to the strength of our car manufacturing industry and its skilled workers,” British Prime Minister Rishi …

Tata Motors posts 1% rise in total domestic sales at 80,383 units in June
1 year, 5 months ago

Tata Motors posts 1% rise in total domestic sales at 80,383 units in June

Hindustan Times  

Tata Motors on Saturday reported a 1 per cent rise in total domestic sales at 80,383 units in June 2023 as against 79,606 units in the year-ago month. Domestic passenger vehicle sales, including electric vehicles, were at 47,235 units as compared to 45,197 units in the same month a year ago, a growth of 5 per cent, Tata Motors said …

Tata Motors' electric vehicle sales up 66% in May, sells nearly 6,000 units
1 year, 6 months ago

Tata Motors' electric vehicle sales up 66% in May, sells nearly 6,000 units

Hindustan Times  

Tata Motors has said its electric vehicle sales of domestic and international business in passenger vehicles segment went up 66 per cent to 5,805 units in May 2023, against 3,505 units in the year-ago period. According to a company statement released on Thursday evening, the total sales of passenger vehicles went up 6 per cent to 45,984 units in the …

Tata Motors shares surge 4%, reach 52-week high after strong Q4 gains
1 year, 7 months ago

Tata Motors shares surge 4%, reach 52-week high after strong Q4 gains

Hindustan Times  

Shares of Tata Motors jumped over 4 per cent in morning trade on Monday to hit its 52-week high level, after the company reported a consolidated net profit of ₹5,408 crore in the March quarter. At the NSE, it rallied 4.10 % to reach 52-week high of ₹ 537.15, It emerged as the biggest gainer among the Sensex firms. Fuelled …

Toyota Accelerates EV Revamp With Extra $7 Billion Investment
1 year, 7 months ago

Toyota Accelerates EV Revamp With Extra $7 Billion Investment

Live Mint  

TOKYO—Toyota’s new management, looking to make up lost ground in electric vehicles, said it would add billions of dollars in spending to reach EV targets. Toyota said Wednesday it would invest an additional ¥1 trillion, equivalent to $7.4 billion, in EVs through 2030, bringing Toyota’s total planned outlays for the period to around $37 billion. The automaker estimates it will …

Tata Motors cars to get costlier from today. Details here
1 year, 7 months ago

Tata Motors cars to get costlier from today. Details here

Live Mint  

Tata Motors cars will become costlier from today as the automaker has raised the prices of passenger vehicles. In an official statement, Tata Motors said the company has been absorbing a significant portion of the increased costs on account of regulatory changes and a rise in overall input costs. Last month Tata Motors announced price increases of up to 5% …

How Tata Motors plans to take on Maruti
1 year, 8 months ago

How Tata Motors plans to take on Maruti

Live Mint  

In 2017, India started taking baby steps towards electrification of cars. In the first 12 to 18 months from then, we got ourselves into a position where we had the right to survive,” said Shailesh Chandra, managing director, Tata Motors. The Safari carries a price tag of over ₹25 lakh—a price nobody thought a Tata Motors car could command a …

Tata Motors sees increasing EV adoption in rural India
1 year, 9 months ago

Tata Motors sees increasing EV adoption in rural India

The Hindu  

Tata Motors said it has seen increasing adoption of passenger car electric vehicles in rural India and the demand was growing. “Since the introduction of Tiago EV, we have seen growing demand and increasing penetration of EVs in small towns,” said Vivek Srivatsa, Head, Marketing, Sales & Service Strategy, Tata Passenger Electric Mobility Ltd. Shailesh Chandra, MD, Tata Motors Passenger …

Uber to Introduce 25,000 EVs in Premium Category in India, Signs MoU with Tata Motors
1 year, 10 months ago

Uber to Introduce 25,000 EVs in Premium Category in India, Signs MoU with Tata Motors

News 18  

Uber has signed an MoU with Tata Motors over the deployment of 25,000 XPRES–T EVs in the premium category of its fleet. Speaking at the MoU signing, Mr. Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said, “In line with our commitment to grow sustainable mobility in the country, we are delighted to partner with Uber, …

India’s electric vehicle market grew 223% in 2022
1 year, 10 months ago

India’s electric vehicle market grew 223% in 2022

The Hindu  

India’s electric vehicle market grew 223% in 2022, adding around 48,000 EVs, according to market analyst firm Canalys. “The overall sentiment around the auto industry remained strong in India during 2022, propelled by pent-up demand and rising consumer buying power,” said Ashwin Amberkar, Canalys Automotive Analyst. Hyundai, placed second in the Indian car market after Maruti, has already launched its …

Chinese EV brand Zeekr beats Xpeng's market value after raising $750 million in fresh funding
1 year, 10 months ago

Chinese EV brand Zeekr beats Xpeng's market value after raising $750 million in fresh funding

Firstpost  

After raising hundreds of millions of dollars from new and existing investors in a fresh funding round, the Chinese electric vehicle brand Zeekr has surpassed the market value of its rival Xpeng. According to a press release issued on Monday, 13 January 2023, by Geely Holding Group, which backs Zeekr, the company has raised approximately $750 million. The release also …

Tata Tiago EV Price Hiked by Rs 20,000 in India, New Variant-wise Price List Inside
1 year, 10 months ago

Tata Tiago EV Price Hiked by Rs 20,000 in India, New Variant-wise Price List Inside

News 18  

Tata Motors has increased the price of Tiago EV by Rs 20,000 across the entire variant line-up in the country. Commenting on this exciting news, Mr. Vivek Srivatsa, Head, Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd., said, “The Tiago.ev is a special product as it is making electric mobility accessible and mainstream. It has received a phenomenal …

Tata starts deliveries of Tiago EV across cities
1 year, 10 months ago

Tata starts deliveries of Tiago EV across cities

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker by revenues, on Friday delivered the first batch of 2,000 Tiago EV to buyers across 133 cities. Tata Tiago EV is priced at Rs 8.49 lakh at pan India showroom, making it the most affordable four-wheeler EV in India. The Mumbai-based company had received over 20,000 bookings for the Tiago EV hatchback so far …

Tata Punch, Nexon, Harrier, Safari, Tiago, Tigor, Altroz prices to rise from February 1
1 year, 10 months ago

Tata Punch, Nexon, Harrier, Safari, Tiago, Tigor, Altroz prices to rise from February 1

India Today  

Homegrown auto major Tata Motors today announced that it will increase the prices of passenger vehicles from February 1 owing to increased costs on account of regulatory changes and a rise in overall input costs. Earlier this month, Tata Motors' subsidiary Tata Passenger Electric Mobility completed the acquisition of Ford's Sanand plant for a total consideration of Rs 725.70 crore. …

Tata Motors to hike prices of Tiago, Altroz, Harrier and other models starting February 1
1 year, 10 months ago

Tata Motors to hike prices of Tiago, Altroz, Harrier and other models starting February 1

India TV News  

Tata Motors, one of India's largest automakers, has announced that it will be increasing the prices of its passenger vehicles starting February 1, 2023. According to a statement released by Tata Motors, the price increase will vary across different models and will be in the range of 1.2%. Despite the price increase, Tata Motors' passenger vehicles are still expected to …

Tata Harrier EV launch in India next year: Report
1 year, 11 months ago

Tata Harrier EV launch in India next year: Report

Live Mint  

Tata Motors unveiled the electric version of Tata Harrier SUV at Auto Expo 2023 organised earlier this month. One can Inside the cabin, Tata Harrier EV will have a 10.25-inch touchscreen information display. A report earlier this month said that Tata Group is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British …

Electric price war erupts as Tata, M&M fight for SUV edge
1 year, 11 months ago

Electric price war erupts as Tata, M&M fight for SUV edge

Live Mint  

Tata Motors Ltd and Mahindra and Mahindra Ltd are locked in a price war as they battle for dominance in India’s electric sport utility vehicle market, in which Tata currently holds nearly 80% share with its Nexon EV range. View Full Image Graphic: Mint Tata Motors sells the Nexon EV in two variants: Prime, with a 30.2 kWh battery, and …

Tata Nexon EV MAX XM Launched at Rs 16.49 Lakh, Gets Extended Range of 453 Km
1 year, 11 months ago

Tata Nexon EV MAX XM Launched at Rs 16.49 Lakh, Gets Extended Range of 453 Km

News 18  

Tata Motors has launched a new variant of the Nexon EV in the Indian market. The Nexon EV MAX XM is packed with several premium features such as Electronic Parking Brake, Automatic Climate control, Electronic Stability Program with i-VBAC, Projector Headlamps with LED DRLs and LED tail lamps, Push Button Start, Digital TFT Instrument Cluster, ZConnect Connected Car tech with …

Tata Power to set up 25,000 EV charging points across India
1 year, 11 months ago

Tata Power to set up 25,000 EV charging points across India

Live Mint  

Tata Power on Friday said it plans to set up 25,000 electric vehicle charging points across the country to support faster adoption of e-mobility over the next five years. The app helps commuters find the nearest charging station, know the real-time availability of charging points, and receive updates on charging status, amongst many others, Tata Power said. Virendra Goyal, Head …

Tata Altroz, Harrier and Safari electric variants to debut at Auto Expo 2023
1 year, 11 months ago

Tata Altroz, Harrier and Safari electric variants to debut at Auto Expo 2023

India TV News  

Tata Motors is leading the EV race in India because they have the most electric vehicles in its lineup. A day before the show is scheduled to start, Tata Motors teased EV versions of its flagship models like the Harrier and Safari SUVs and Altroz hatchback. The Harrier EV and Safari EV are expected to have a real-world range of …

Tata Motors to complete acquisition of Ford India’s manufacturing plant in Jan
1 year, 11 months ago

Tata Motors to complete acquisition of Ford India’s manufacturing plant in Jan

Live Mint  

Tata Motors on Friday said the acquisition of Ford India's manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023. The subsidiary, Tata Passenger Electric Mobility Limited, on on August 7, 2022, had announced that would acquire Ford India Pvt Ltd's Sanand plant in Gujarat for ₹725.7 crore. The acquisition included the entire land and buildings; …

Tata Motors delivers 50,000th electric car
1 year, 11 months ago

Tata Motors delivers 50,000th electric car

Hindustan Times  

Tata Motors has achieved a significant milestone. The homegrown automaker, whose portfolio includes as many as three electric cars among other vehicles, on Thursday delivered its 50,000th electric car, with the 'customer' being none other than N Chandrasekaran, the chairman of the manufacturer's parent company, Tata Group. Tata Group chairman N Chandrasekaran was delivered the 50,000th electric car produced by …

Tata Motors’ subsidiary signs definitive pact with DTC to operate 1500 EV buses
2 years ago

Tata Motors’ subsidiary signs definitive pact with DTC to operate 1500 EV buses

Live Mint  

Tata Motors, India’s largest commercial vehicle manufacturer on 23 December announced that Delhi Transport Corporation has signed a definitive agreement with its fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1500 electric buses in the national capital. As part of the agreement, TML CV Mobility Solutions Ltd. will supply, operate and maintain 1500 units of 12-metre low-floor …

Tata Motors to hike commercial vehicles prices by up to 2% from Jan
2 years ago

Tata Motors to hike commercial vehicles prices by up to 2% from Jan

Live Mint  

Tata Motors on Tuesday said it will increase the price of its commercial vehicles by up to 2% from January 2023 across its range, depending upon individual models and variants. This is the third time that Tata Motors has hiked the prices of its commercial vehicles this year. Earlier this month, Tata Motors said its sales in the domestic and …

Discover Related