As the nascent electric vehicle ecosystem is beginning to see some action in India with recent launches from players such as Tata Motors, Hyundai Motor India, and MG Motor India, the pioneer of e-mobility in the country, Mahindra Electric believes that it is not lagging behind but rather working with a long-term vision to prosper… Continue reading Mahindra Electric targets 2023 for spurt in personal EV sales
Tag: Tata
Jaguar Land Rover borrows £560m from Chinese banks to secure cashflow
Jaguar Land Rover Carmaker ineligible for UK state support takes three-year loan to weather Covid-19 crisis Coronavirus – latest updates See all our coronavirus coverage The JLR loan will be used to secure the carmaker’s cashflow as it tries to weather the Covid-19 crisis. Photograph: Ben Stansall/AFP/Getty Images Jaguar Land Rover has borrowed 5bn yuan… Continue reading Jaguar Land Rover borrows £560m from Chinese banks to secure cashflow
Jaguar Land Rover raises $705 million loan from Chinese banks
The Jaguar Land Rover logo is seen at a dealership, following the outbreak of the coronavirus disease (COVID-19), Milton Keynes, Britain, June 1, 2020. REUTERS/Andrew Boyers SHANGHAI (Reuters) – Jaguar Land Rover (JLR), owned by India’s Tata Motors (TAMO.NS), has entered into agreements with lenders in China for a secured term loan facility of 5… Continue reading Jaguar Land Rover raises $705 million loan from Chinese banks
N Chandrasekaran seeks to rewire Tata Group for post-Covid world
Into his fourth year as chairman, Chandrasekaran is keen to find solutions to the problems facing the group’s money guzzlers such as Tata Steel Europe, Tata Motors-Jaguar Land Rover and Tata Power. Mumbai: Ahead of a Tata Sons board meeting on Friday, chairman N Chandrasekaran is understood to be sharply recalibrating the group’s business strategy.… Continue reading N Chandrasekaran seeks to rewire Tata Group for post-Covid world
Tata Motors resumes operations across all manufacturing plants
To further shore up the liquidity, the company has issued commercial papers of Rs 3,500 crore and also raised Rs 1,000 crore through non-convertible debentures (NCDs), it added. NEW DELHI: Tata Motors on Tuesday said it has resumed operations across all its manufacturing plants in the country. The company has restarted operations at all plants… Continue reading Tata Motors resumes operations across all manufacturing plants
Tata Motors to launch refreshed Winger variants with added safety features
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Aston Martin underlines the tricky part of the Treasury’s rescue effort | Nils Pratley
T he last lap of Andy Palmer’s reign as chief executive of Aston Martin was the cruellest. As he lost his job, the share price rose 28%. The market’s implied judgment was harsh but fair: a new driver was desperately needed to give credibility to Aston Martin’s latest pitch about corporate turnaround. Palmer, said his… Continue reading Aston Martin underlines the tricky part of the Treasury’s rescue effort | Nils Pratley
China’s Chery Auto plans to sell cars in EU, United States: chairman
FILE PHOTO: A visitor walks next to a Chery car during the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 20, 2015. REUTERS/Carlos Barria BEIJING (Reuters) – China’s Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover (JLR) (TAMO.NS), is planning to sell its own-branded cars in the European Union and United… Continue reading China’s Chery Auto plans to sell cars in EU, United States: chairman
Ola Electric acquires Etergo, to launch own line of electric two wheelers this year
Ola Electric, the EV business that spun out of the ride-hailing giant Ola last year, has acquired an Amsterdam-based electric scooter startup as the Indian firm looks to locally produce and launch its own line of two wheelers as soon as this year. The Indian firm said Wednesday it had acquired Etergo, a Dutch firm… Continue reading Ola Electric acquires Etergo, to launch own line of electric two wheelers this year
@Tata: Tata Motors restarts operations at selected plants and dealerships
13 May, 2020 Introduces a safe, convenient and engaging experience for its customers Key highlights: Resumes production at Pantnagar and Sanand plants Lucknow, Dharwad, Jamshedpur and Pune plants in final stages of pre-operational preparation Dedicated teams ensuring safe work environment at each location Calibrated start across all plants with limited, essential staff Selected dealerships for… Continue reading @Tata: Tata Motors restarts operations at selected plants and dealerships