Page 18 - Tata Motors

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024

In the two-wheeler sector, three out of the top five EV manufacturers-Ola Electric, TVS Motor, and Ather Energy-are already based in the state

Tata Motors taps used car market to boost electric vehicle resale, exchange

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company has already started work with used online car marketplace Spinny

PN Gadgil jumps 64% on debut; Tata Motors DVR cancellation nears completion

Tata Motors DVR sold 11.5 million new ordinary shares on stock exchanges on Tuesday

Tata Motors, JLR to make EVs in India for the world: Chandrasekaran

'Will bring together cost attitude of Tata Motors with the design and sophistication of JLR'

Tata Motors dips 3% on heavy volumes; stock down 13% so far in September

TML Securities Trust sold 11.5 million new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities.

Tata Power up as its arm ties up with Tata Motors for EV charging stations

Tata Power EV Charging Solutions and Tata Motors will set up 200 fast-charging stations for electric commercial vehicles in all metros cities

Tata Motors, M&M, MS: Nomura's top bets as Govt launches PM E-DRIVE

Nomura believes Govt's launch of the PM E-DRIVE scheme will extend policy support certainty for EV over the next two years

Maruti to M&M, carmakers in the fast lane to roll out festival discounts

Based on industry data, the average discounts by the top 13 players in 2023 were Rs 34,630, which increased to Rs 38,816 so far in 2024

Tata Power arm to set up 200 fast charging stations for commercial EVs

Tata Power Renewable Energy arm Tata Power EV Charging Solutions and Tata Motors have signed an initial pact to set up 200 fast-charging stations for electric commercial vehicles in all metros cities, a statement said on Thursday. The strategic move expands their ongoing collaboration, in providing sustainable mobility solutions, with a focus on easy charging solutions for small electric commercial vehicles, the statement said. Tata Power EV Charging Solutions under the MoU will set up 200 fast-charging stations for electric commercial vehicles in all metros cities viz. Mumbai, Delhi, Chennai, Bengaluru, Kolkata. Tata Motors and Tata Power will provide exclusive charging tariffs for Tata Motors' electric CV owners, resulting in lower operating costs and increased profitability for its customers, the statement said. Electric commercial vehicle users, across the country, will soon benefit from access to almost 1000 strategically located fast chargers, with the planned expansion of t

PM E-DRIVE scheme to aid faster adoption of EVs in India: M&M, Tata Motors

Home-grown auto majors Mahindra & Mahindra and Tata Motors on Thursday hailed the PM e-drive scheme, saying it would help in higher adoption of electric vehicles in the country. On September 11, the Union Cabinet approved two major schemes with a total outlay of Rs 14,335 crore to promote the use of electric vehicles, including buses, ambulances and trucks. The two schemes are the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs 10,900 crore over a period of two years, and the PM-eBus Sewa-Payment Security Mechanism (PSM) scheme with a budget of Rs 3,435 crore. "With continued focused support on 2Ws, 3Ws, e-buses and the thoughtful addition of e-ambulances, the scheme will drive higher EV penetration in the country," Mahindra & Mahindra Managing Director Anish Shah said in a statement. Investments laid out for fast charging infrastructure for all segments will help in increasing consumer confidence for faster adoption of ..

Tata Motors, MG offer free charging, battery rentals to lure EV buyers

The price cuts and other offers were a 'step towards mainstreaming EVs and accelerating EV adoption'

Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825

With Wednesday's correction, the stock of the automobile company has plunged 17 per cent from its record high level of Rs 1,179.05 on July 30, 2024

Tata Motors managing director Shailesh Chandra elected Siam president

Chandra had previously served as Vice President of Siam. He is now succeeding Vinod Aggarwal, Managing Director and CEO of Volvo Eicher Commercial Vehicles

Siam appoints Tata Motors MD Shailesh Chandra as its new president

Auto industry body Siam on Tuesday said it has elected Tata Motors Passenger Vehicles Managing Director Shailesh Chandra as its new President for the 2024-25 term. Chandra, who previously served as the vice-president of Siam, succeeds Vinod Aggarwal, Managing Director & CEO of Volvo Eicher Commercial Vehicles (VECV), the Society of Indian Automobile Manufacturers (Siam) said in a statement. The new office bearers were elected during the executive committee meeting held today (Tuesday), it added. Ashok Leyland MD & CEO Shenu Agarwal was elected as the vice-president of Siam for 2024-25. Daimler India Commercial Vehicles CEO & MD Satyakam Arya was also elected as the treasurer.

Tata Motors reduces prices of its EV model range by up to Rs 3 lakh

Tata Motors on Tuesday said it has reduced prices of its electric vehicle model range by up to Rs 3 lakh. The Mumbai-based automaker said it has reduced the price of Nexon EV by up to Rs 3 lakh, Punch EV by 1.2 lakh, and Tiago EV by Rs 40,000. "With these special, limited period prices, we are breaking the high acquisition cost barrier for EVs, and bringing EV prices closer to similar petrol and/or diesel-powered vehicles," Tata Passenger Electric Mobility Chief Commercial Officer Vivek Srivatsa said. The company's singular purpose is to mainstream EVs, by breaking barriers and making EVs more accessible to regular car buyers, he added. Tata Motors has already announced a price cut ranging between Rs 65,000 and Rs 1.8 lakh on its internal combustion engine powerd range which includes models like Tiago, Nexon, Harrier and Safari.

Tata's financial services, insurance biz saw hefty profits in FY24

Realty, airline, and new-age businesses still struggling to make money

Tata Motors launches new Curvv SUV Coupe; priced at Rs 9.99 lakh

With its introductory pricing set to attract a wide range of consumers, the Tata Curvv will challenge established players like Hyundai Creta and Kia Seltos in the mid-SUV segment

August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip

Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.

Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts

Here are 5 stock ideas for September 2024 based on the 'Buy' signal on the technical momentum indicator - the MACD (Moving Average Convergence-Divergence).

Tata Motors partners with Octillion Power Systems for EV battery boost

This strategic move by Tata Motors comes amid industry-wide challenges in the EV market, including a decline in sales and increased competition