The Mumbai-based automaker has been receiving an average of 5,500-6,000 bookings in the past two months for its EV range
Tata Motors leads with a sharp jump in volume and market share
Tata Motors on Thursday said it has bagged an order for 1,300 commercial vehicles from VRL Logistics. The order comprises medium and heavy commercial vehicle and intermediate & light commercial vehicle range, suited for logistics operations of VRL Logistics, the Mumbai-based automaker said in a statement. The vehicles were selected basis the superior drivability, high fuel efficiency and low total cost of ownership, which will enable VRL Logistics to increase its fleet efficiency, it added. "We endeavour to engineer our vehicles to offer the lowest total cost of ownership and our widest service network will ensure best-in-the-industry service support in all corners of the country. We look forward to a fruitful partnership with VRL Logistics and will offer the best support for their seamless operations," Tata Motors Commercial Vehicle Business Unit Vice President, Sales & Marketing Rajesh Kaul noted. Tata Motors said its commercial vehicles are designed and engineered on the ...
A portfolio of successful and affordable EVs makes will help the firm target the white space
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Tata Motors said vehicles launched under its new Curvv design will be based on a new architecture adapted for electric models
With government's thrust on infrastructure, private capex cycle revival and need for personal mobility, analysts expect PV and CV space, in particular, to witness healthy pick-up in sales volume
The Mumbai-based auto major delivered 564 Nexon EVs and 148 Tigor EVs to customers
The company recorded the highest-ever annual sales of 3,70,372 units, registering a growth of 67 per cent over FY21
This is for an aggregate consideration of Rs 3,750 crore as the first tranche of the potential investment aggregating Rs 7,500 crore, announced by the company in October 2021
TPG Rise Climate along with co-investors would secure between 11-15 per cent stake in the new subsidiary
Tata Motors said the cost of battery cells had increased by around 20% because of a global surge in raw material prices, mainly lithium, putting pressure on the company in the short-term
The Nifty Auto index and the key stocks are trading near significant resistance levels while exhibiting sideways movement, upside breakout could see significant long additions.
Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1
Tata Motors on Monday said it has launched its premium hatchback Altroz with dual-clutch automatic transmission, priced between Rs 8.09 lakh and Rs 9.89 lakh (ex-showroom). Altroz DCA comes equipped with several segment-first features, such as a wet clutch with active cooling technology, machine learning, shift by wire technology, self-healing mechanism, and auto park lock. The model is powered by a 1.2-litre petrol engine. "Since the commencement of bookings for the Altroz DCA, we are witnessing an encouraging number of queries. The Altroz DCA with its segment-first features will certainly captivate the minds of prospective buyers and provide a seamless driving experience," Tata Motors Passenger Vehicles Vice President (Sales, Marketing and Customer Care) Rajan Amba said. With more than 1.25 lakh happy customers, Altroz has witnessed an overwhelming response from customers and set certain benchmarks in the segment, he added. "The addition of the Altroz DCA will bolster our produc
The company, which is a leader in the newly emerging EV segment with offerings such as Nexon, is also planning to develop around 10 more new offerings in the segment
Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB).
Shareholders of two lending companies clear plans to sell loan assets up to Rs 14,500 crore.
Pharma shares are likely to be in limelight as NPPA may allow up to 10 per cent hike on scheduled drugs in the month of April.