Page 47 - Tata Motors

Tata Motors expands EV range, to drive in Tiago's electric model this month

Tata Motors on Friday said it will roll out the electric version of its entry-level model Tiago later this month, in a step towards making environmentally friendly vehicles more accessible to customers. The Tiago EV would be the company's third product in the electric space after Nexon and Tigor, the Mumbai-based auto major announced on the World EV Day. Nexon EV and Tigor EV currently cater to the personal segment, while Xpres T is for the fleet segment. Tata Motors has set a target of introducing 10 electric models over the next five years. "Today, is a momentous occasion for us, as we announce the expansion of our EV portfolio further with a new mainstream intervention from the stable of Tata Motors, the Tiago EV," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said. Earlier this year, the company had unveiled a three-phase approach towards building a comprehensive EV portfolio, he said. As the automaker accelerates its future journey, it is committed to lau

M&M gains 3% to touch new high; overtakes Tata Motors' market cap

In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price.

Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show

Tata Motors' stock gained 161 per cent in 2021, and reached its new 52-week high of Rs 536.70. However, the stock has been tepid so far in 2022 and seen testing the 200-DMA

Top Headlines: Roadmap to advance economy, 100 mn demat accounts, and more

The country's demat account tally topped the 100 million-mark for the first time, in August. Over 2.2 million new accounts were opened last month

Stocks to Watch: DreamFolks, RIL, HAL, L&T, Adani, Tata Motors, REC, NTPC

Stocks to Watch on Tuesday: DreamFloks Services to debut on Tuesday; Reliance Industries acquires majority stake in SenseHawk for $32 mn; Delta Corp in F&O ban.

Tata Motors rolls out India's first CNG-powered truck in M&HCV segment

The CNG models are powered by the 5.7-litre SGI engine generating peak power of 180hp and torque of 650Nm, come with a modular architecture and offer a range of up to 1,000 km

CV industry to perform well this year, says Tata Motors' Girish Wagh

Tata Motors on Monday said it is expecting the Commercial vehicles industry to perform well this fiscal after two years of downturn, with an upturn in demand across all segments. Moreover, consumption is also witnessing continuous growth leading to good demand conditions, Tata Motors executive director, Girish Wagh said at the launch of a range of trucks here. Along with the launch of the country's first CNG-powered Medium and Heavy Commercial Vehicle (M&HCV) range of trucks, the company also rolled out a new series of advanced intermediate and light commercial vehicle (I&LCV) tippers and trucks. Besides, it also introduced Advanced Driver Assistance System (ADAS) and new features in its range of Prima, Signa and Ultra trucks. After two years of downturn in the commercial vehicle industry, the previous fiscal logged 22 per cent volume growth over FY21, said Wagh. "The CV industry seems to be on an upside now. Various indicators such as fleet utilisation or freight rates or ...

Automakers maneuvering with different gears to shift towards EV

Automakers are stepping on different roads towards eco-friendly mobility with home-grown firms like Tata Motors and Mahindra betting on electric vehicles, Japanese majors such as Toyota, Honda and Suzuki looking at hybrids as the bridge to reach the goal. The shift globally includes a family of electrified vehicle technologies (xEVs) which consists of SHEV (Strong Hybrid Electric Vehicle), FCEV (Fuel cell Electric Vehicle), BEV (Battery Electric Vehicle) and PHEV (Plug-in Hybrid Electric Vehicle). In India, it is mainly the battery electric vehicles (BEVs) and hybrids which are being rolled out by the leading automakers. Tata Motors and Mahindra & Mahindra have lined up massive resources to drive in multiple BEVs over the next few years. Similarly, Hyundai, Kia and MG Motor have also introduced battery electric models in the market. The country's largest carmaker Maruti Suzuki on the other hand is preparing to launch its first electric vehicle only in 2025. The auto major in the

Stocks to watch: Adani Enterprises, UPL, Zee Ent, Hero Moto, Tata Motors

Stocks to watch today: Adani Enterprises is set to enter the NSE Nifty50 index from September 30, replacing Shree Cement at the exchange; UPL promoted Mike Frank to Chief Executive Officer.

August auto sales see record jump on easing chip shortage, new launches

Cumulative dispatches at India's top seven passenger vehicle makers rose 30.2% year-on-year to 329,300 units from 260,450 units, shows the monthly sales data released by the companies on Thursday

Tata Motors' total sales rise 36% in August; domestic sales up 41%

Tata Motors on Thursday said its total sales increased by 36 per cent to 78,843 units in August. The auto major had sold 57,995 units in the same month of the previous year. Its total domestic sales increased by 41 cent to 76,479 units in August. The company had dispatched 54,190 units in August 2021. Passenger vehicle sales in the domestic market stood at 47,166 units last month, as against 28,018 units in August 2021, an increase of 68 per cent. Commercial vehicle sales in the domestic market were at 29,313 units last month, as compared to 26,172 units in the same month last year, an increase of 12 per cent, it added.

TaMo completes acquisition of Marcopolo's stake in Tata Marcopolo Motors

Tata Motors on Tuesday said it has completed the acquisition of its partner Marcopolo's stake in their bus body manufacturing joint venture Tata Marcopolo Motors Ltd. In December 2020, Tata Motors and Marcopolo had entered into an agreement, under which the homegrown automaker agreed to purchase 49 per cent shareholding of its Brazilian partner for Rs 99.96 crore in the joint venture. The 51:49 JV was formed in 2006. The company has completed the procedural requirements under the share purchase agreement for acquiring the entire shareholding held by Marcopolo SA in Tata Marcopolo Motors Ltd (TMML), Tata Motors said in a regulatory filing. Consequently, TMML has become a wholly-owned subsidiary of the company from August 29, 2022, it added. The JV had manufacturing facilities in Dharwad and Lucknow for building bus bodies on chassis supplied by Tata Motors and marketed under the 'Starbus' and 'Starbus Ultra' bus brands. However, Marcopolo decided to exit from the JV under its refre

Tata Motors comes out with a SUV teaser; here's what you can expect

According to leaked images, the upcoming Tata Motors SUV may come with minor exterior upgrades and new features

Sensex up 54 pts, Nifty holds 17,600; NDTV gains 5%, Adani Enterprises 4%

CLOSING BELL: Technically, shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08

Stocks to watch: NDTV, RIL, Canara Bank, Tata Motors, NTPC, NHPC, Hindalco

Stocks to watch today: Adani Group plans to buy 29.18 per cent stake in NDTV; Canara Bank plans to raise up to Rs 3,500 crore via tier II bonds.

Tata Motors signs PPA with Tata Power to develop onsite solar project

Tata Motors has signed a Power Purchase Agreement (PPA) with Tata Power to develop a 7.25 Mwp onsite solar project at its commercial vehicle manufacturing facility here. The project will be a significant move to increase the renewable energy portfolio at its manufacturing facility, the company said in a statement on Tuesday. With this project, the onsite solar plant capacity of Tata Motors' Jamshedpur facility will reach 14 MWp, which will generate 442 million units of green electricity having the potential to reduce carbon emission by 3.5 lakh tonnes. This is equivalent to planting 5.6 lakh trees. Commenting on the occasion, Vishal Badshah, Plant Head, Jamshedpur, Tata Motors said, "It has been our continuous endeavour to reduce greenhouse gas emissions to achieve Net Zero Emission goal. With this agreement, we are reaffirming our commitment to sustainability by increasing the share of renewable energy in our operations. We firmly believe that this will strengthen our journey towar

Tata Motors to supply 921 electric buses to BMTC, inks 12-yr contract

Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC).

Tata Motors bags 921 electric buses contract from Bengaluru transport corp

Tata Motors on Thursday announced that it has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain 12-metre electric buses for a period 12 years, as per the contract. "Tata Starbus is an indigenously developed vehicle with superior design and best-in-class features designed for sustainable and comfortable travel," a company statement said on Thursday. BMTC Managing Director G Sathyavathi, was quoted as saying: "This order is paramount for Bengaluru's growing need for clean, sustainable urban mass mobility. CESL MD and CEO Mahua Acharya, noted that the BMTC has placed its order for electric buses under the 'Grand Challenge of CESL'. Tata Motors said it has already received orders for 1,500 electric buses from Delhi Transport Corporation and 1,180 electric buses from West Bengal Transport Corporation, in the last 30 days.

Rakesh Jhunjhunwala-owned stocks trade mixed. Should you buy, sell, hold?

The decision to stay with these stocks, analysts said, should be based purely on how each of these companies is performing fundamentally

Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook

Analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 509 levels in the coming weeks