Tata Motors on Friday said it has partnered app-based taxi service provider Prakriti E-Mobility to deploy 500 Tigor electric vehicles (EVs) in the national capital. The first batch of over 160 Tigor EVs is expected to hit the road by January 2020, the company said in a statement. Commenting on the partnership, Tata Motors President - Electric Mobility Business & Corporate Strategy said Tigor EVs would be a valuable addition to Prakriti E-Mobility's offerings as it aptly addresses the requirements of longer range applications and also provides higher revenue earning potential for commercial customers. "The induction of Tigor EVs will not only help the company achieve their business goals but also accomplish their objective of offering eco-friendly mobility solutions," he added. Prakriti E-Mobility co-founder & CEO Nimish Trivedi said the company strongly believes in the inherent benefits of zero emission, and lower operating costs of EVs will be the ultimate game changer for ...
Auto major Tata Motors on Thursday unveiled its first electric SUV Nexon EV that will be commercially launched within weeks. The SUV, built on its most popular SUV Nexon, is the first electric vehicle (EV) powered by Ziptron technology and offers "a range not less than 300 km per charge" and can accelerate to 100 kmph in just 9.9 seconds. Bookings for the car will start from Friday, the company said, without revealing the price or delivery date. On pricing, the company said it will be around 20 per cent more than the AMT version of Nexon and thus will come between Rs 15-17 lakh and will be 'launched within weeks'. The SUV comes with as many as 35 connected features, including tow away and intrusion alerts. The new EV comes in three variants and offers an eight-year warranty or 1,60,000 km on the battery and the motor, which is the highest in the industry. The Nexon is the first EV coming on the Ziptron technology. This is a high performance, connected vehicle that is suited to ad
Tata AutoComp Systems has signed a joint venture with Chinese company Guoxuan High-Tech to manufacture battery packs for electric cars
The stock has now surged 73 per cent from its 52-week low of Rs 106, touched on September 4, 2019 on the BSE
In CV segment, the company is "not actively" going to switch to BS-VI before April 1, 2020, he added.
Bank of America Merrill Lynch upgraded Maruti Suzuki India's stock to 'buy' from 'neutral' and raised the target to Rs 8,650 from Rs 7,450 per share
He added that if the company would have liked to take such a step then it would have taken it already
The group had sold 1,04,964 units in the same month last year
Tata Motors is looking to increase its penetration in the domestic passenger vehicle segment with entry into the premium hatchback segment.
The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent from November 2018, Tata Motors said in a BSE filing
Barman has decided to pursue career opportunities outside Tata Motors
The move is also aimed at reducing the financial burden on dealers
On month-on-month (MoM) basis, JLR sales rose 19.4 per cent.
On Tuesday, Maruti Suzuki India announced to increase prices of its models from January to offset rising input costs.
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing
Tata Motors has filed a statement of claims amounting to nearly Rs 934 plus interest
The orders are from state transport undertakings (STUs) of Rajasthan, Karnataka, Uttar Pradesh, Tamil Nadu and Andhra Pradesh, Tata Motors said in a statement
The Altroz is the second vehicle designed under the Impact design 2.0 philosophy and first one to be developed on the new Alfa architecture
Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors
Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.