Page 36 - Tata Motors

JLR aims to roll out 8 battery electric vehicles in India by 2030: Official

Tata Motors-owned Jaguar Land Rover (JLR) aims to launch eight battery electric vehicles (BEVs) in India by 2030, according to a senior company executive. The company currently sells one electric model -- Jaguar I-Pace -- in the country. In an interaction with PTI, JLR Chief Commercial Officer Lennard Hoornik said the automaker will commence taking orders for the Range Rover BEV for the Indian market next year with deliveries expected to begin in 2025. "We are planning to introduce at least 8 BEVs by the end of the decade in India," he noted. The British automaker, a wholly-owned subsidiary of Tata Motors since 2008, aims to become a net-zero carbon business globally by 2039. Terming the Indian market a "big strategic priority" for the automaker, Hoornik noted that the country is in the right direction when it comes to transitioning into electric mobility. He said subsidy push in the initial phase, setting up the right amount of charging infrastructure and having a great product

Tata Motors total sales in domestic market rise 2% to 80,633 units in Sept

Tata Motors Ltd on Sunday reported a 2 per cent rise in its total domestic vehicle sales at 82,023 units in September, as against 80,633 units in the same month last year. Passenger vehicle sales in the domestic market, including electric vehicles, were down 6 per cent at 44,809 units last month, as compared to 47,654 units in September 2022, Tata Motors said in a regulatory filing. Electric vehicle sales, including in international markets, were at 6,050 units as compared to 3,864 units in the year-ago month, a growth of 57 per cent. "Passenger vehicle sales remained strong in Q2 FY24 driven by new launches and pre-festive offtakes. Tata Motors posted quarterly sales of 1,38,939 cars and SUVs in Q2 FY24, about 2.7 per cent below our highest ever quarter, Q2 FY23," Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra said. He further said, "Our EV business continues its strong momentum and has posted growth of about 55 per c

20% cars sold in metros run on alternate fuels; sales doubled in last 3 yrs

Given the growing acceptance of hybrid and electric vehicles, the combined share of diesel and petrol vehicles has taken a hit and gone down by 8.27% and 4.64% in urban and rural markets, respectively

Tata Motors inaugurates registered vehicle scrapping facility in Surat

India's leading automobile manufacturer Tata Motors on Saturday inaugurated its third registered vehicle scrapping facility (RVSF) in Surat with a capacity to recycle 15,000 vehicles per year. Named Re.Wi.Re Recycle with Respect,' the third RVSF in Surat -- set up after Jaipur and Bhubaneswar -- uses environmentally-friendly processes and has the capacity to disassemble 15,000 end-of-life vehicles safely and sustainably each year, it said in a statement. The RVSF is developed and operated by Tata Motors' partner Shree Ambica Auto to scrap end-of-life passenger and commercial vehicles of all brands, it said. "We are confident that these decentralised facilities will benefit our customers, foster economic growth, generate employment opportunities and fulfil the need of eco-friendly vehicle scrapping," Balaji said. Re.Wi.Re. is purpose-built for dismantling end-of-life passenger and commercial vehicles across all brands, with a focus on employing environmentally friendly practices.

Stocks to Watch on Sept 22: JSW Steel, Glenmark Life, Samhi, Zaggle, TaMo

Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore

Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics

Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing

Tata Motors to raise CV prices by up to 3%, third price hike in 2023

The company previously raised prices by 1.2% in January and by 5% in March to ensure its vehicles comply with the new emission norms

Strong domestic EV play and JLR sales positives for Tata Motors stock

A key factor is that JLR reported increased sales for Q1FY24 reflecting continuing improvement in chip and other supply constraints

Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200

CLOSING BELL ON SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday

Stocks to Watch today, Sep 15: Infosys, Airtel, BoM, GMM Pfaudler, Sequent

Stocks to watch on Friday, September 15, 2023: Buzzing today - Infosys secures a $1.5 bn global deal, GMM Pfaudler inks $7 mn acquisition and RBI places 15 NBFCs in top layer.

Tata Motors to open exclusive electric vehicle sales network under Tata.ev

Launches facelift Nexon EV and Nexon ICE at competitive pricing

Tata Motors plans to set up separate sales network for EVs this fiscal year

Tata Motors plans to set up separate sales network for its electric passenger vehicles in current fiscal year as it looks to give differentiated experience to the buyers opting for the environment-friendly models, according to a top company official. The Mumbai-based auto major, which on Thursday introduced all-new versions of its Nexon EV and Nexon (internal combustion engine), said it will start experimenting with new outlets in some of the cities where EV volumes have gone up. "We'll have to separate them (sales outlets for EVs and ICE) given that we have different requirements of customers and also a growing portfolio (of EVs)" Tata Motors Passenger Vehicles Managing Director Shailesh Chandra told PTI in an interaction. He said the company would look at places where it would be viable to have exclusive outlets for the EV range. "We need to separate outlets because there would not be enough space to keep both EVs, ICE models at the same place..So there's a practical difficulty.

Tata Nexon facelift launched at an introductory price of Rs 8.10 lakh

In a segment first feature, Tata Nexon's instrument cluster also shows navigation-related information apart from on the touchscreen

Tata to launch Nexon, Nexon EV facelift 2023 today, Check where to watch

Tata Nexon and Nexon EV facelift 2023 will be launched today at 12 p.m. This is India's top-selling SUV, check here the expected price, live-streaming, variants and more

Hyundai i20 facelift now starts at Rs 6.99 lakh, drops the turbo-petrol

The turbo petrol will be reserved for the N Line variant of the Hyundai i20 which will be launched at a later date

ADAS: The new buzzword in car market, everything you need to know about it

ADAS can detect lane departures and can either warn the driver about the lane departure or, in higher-level ADAS cars, take control of the steering and put the vehicle back in the lane

TPREL to set up 12 MW on-site solar project for Tata Motors in Maharashtra

Tata Power Renewable Energy Ltd (TPREL) will set up a 12 megawatt (MW) on-site solar project at Tata Motors' commercial vehicle manufacturing facility in Maharashtra. In a statement, TPREL said it has already signed a power purchase agreement (PPA) with Tata Motors in this regard. "Tata Motors and Tata Power Renewable Energy Limited (TPREL) have entered into a PPA to develop a new 12MWp on-site solar project at Tata Motors' commercial vehicle manufacturing facility in Pune," the statement said. The project will generate 17.5 million units of electricity per annum mitigating over 12,400 tonnes of Co2 per annum. "Signing of 12MWp PPA with Tata Motors underlines our critical step forward on the shared goals for a sustainable future. We are committed to support the energy transition of our C&I consumers through a bouquet of our clean energy solutions," said Ashish Khanna, CEO, Tata Power Renewable Energy Ltd. The latest order follows a 28.12-megawatt green energy plant for Sanyo ...

Tata Motors, Mahindra gain certificates for production-linked payouts

Indian automakers Tata Motors and Mahindra and Mahindra have received domestic value certificates, a metric key to qualifying for payouts under the nation's production-linked incentive scheme

Tata Motors unit unveils new brand identity for electric vehicles

Tata.ev reflects 'values of sustainability, community, and technology'

Bullish on green mobility, Tata Motors unveils new identity for EV biz

Tata Passenger Electric Mobility on Tuesday unveiled a new brand identity as it gears up to introduce ten new battery electric vehicles by 2026. As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement. TATA.ev, the new brand identity for the company's electric business, is the first step towards providing differentiated and meaningful experiences for customers in the form of a collective initiative to move towards an electric future, it added. Tata Passenger Electric Mobility Head Marketing, Sales and Service Strategy Vivek Srivatsa said the automaker is entering a new era with TATA.ev. "Our new brand identity for electric vehicles underlines our commitment to accelerate the adoption of clean energy mobility solutions," he noted. With a dominating