Tata Motors said that it has started deliveries of the new zero-emission Ace EV four-wheel small commercial vehicle (CV) for last-mile deliveries in India with the first fleet supplied to major e-commerce, courier, and FMCG companies, and their logistics service providers. The recipients of the Ace EV vehicles include Delhivery, Amazon, DHL (Express & Supply […]
Tata Motors Limited said that it sold 2,28,169 vehicles in the domestic and international markets during Q3FY23, which is a 14% increase compared to 1,99,634 vehicles sold in Q3FY22. The total domestic sales of Tata Motors vehicles in Q3FY22 were 2,23,001 units, which is a year-over-year (YoY) growth of 17.7%. In December 2022, the Indian […]
Tata Motors said that it will be hiking the prices of its commercial vehicles up to 2% starting from the new year. According to the Indian commercial vehicle manufacturer, the increase in prices will differ as per individual model and variant and will be implemented for the full range of its commercial vehicles. Tata Motors […]
Tata Motors has revealed plans for a partial divestment of its stake in its subsidiary Tata Technologies Limited through the initial public offering (IPO) route. The Indian automobile manufacturer’s IPO Committee, which is constituted by its board of directors, has granted its in-principle approval to look into the possibility of the partial sale of its […]
Tata Motors has entered into a partnership with IndusInd Bank to offer its authorized passenger electric vehicle (EV) dealers an exclusive electric vehicle dealer financing solution. Under the scheme, the Indian financial services company will offer additional inventory funding to authorized passenger EV dealers of Tata Motors. The additional inventory funding will be over and […]
Tata Motors said that it sold 75,478 vehicles in the domestic and international markets during the month of November 2022, an increase of 21% compared to 62,192 units sold during November 2021. The Indian automobile manufacturer witnessed a 27% year-over-year growth in domestic sales, having sold 73,467 vehicles in November 2022, compared to 58,073 in […]
Tata Motors has reported revenue of INR 79,611 crores for the quarter ending 30 September 2022 (Q2 FY23), an increase of 29.7% compared to the same period of the previous year. Jaguar Land Rover earned revenue of INR 5,260 crores in Q2 FY23, a year-over-year (YoY) increase of 35.9%. The revenue increase reflected a robust […]
Evera, a ride hailing platform in the Delhi NCR region owned by Prakriti E-Mobility, will receive an additional 2,000 XPRES T electric vehicles (EVs) from Tata Motors as part of the latter’s efforts to accelerate the transition to sustainable transportation. Launched in July 2021, Tata Motors’ XPRES-T electric sedan comes with two range options, which […]
Tata Motors, an Indian commercial vehicle manufacturer, has received the contract from Housing and Urban Development Department, Government of Jammu & Kashmir, for the deployment of electric buses in the twin capital cities of Jammu and Kashmir, India. As part of the contract, Tata Motors will supply, operate and maintain 200 standard floor, 12-metre and […]
Tata Motors Limited has signed a power purchase agreement (PPA) with Tata Power for a 7MW captive solar power plant at its Pantnagar automobile manufacturing plant in Uttarakhand. The Pantnagar solar power plant is expected to produce 215 million units of electricity for potentially offsetting more than 1.7 lakh tonnes of carbon emissions. Anal Vijay […]