Tag: Tata

Mahindra & Mahindra open to investing in EV battery cell maker to secure supplies: CEO Anish Shah

(Representative image) Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation. Mahindra on Thursday raised $250 million from British International Investment for the unit and is exploring a partnership… Continue reading Mahindra & Mahindra open to investing in EV battery cell maker to secure supplies: CEO Anish Shah

M&M is undervalued, EV bet gets it right, says Anish Shah

Mahindra & Mahindra (M&M) is eyeing a leadership position in the electric vehicle sport utility segment, emboldened by a global investor’s interest in its newly set-up EV subsidiary. The maker of Scorpio and Thar plans to invest over Rs 10,000 crore in its EV business, which raised $250 million from British International Investment (BII) on… Continue reading M&M is undervalued, EV bet gets it right, says Anish Shah

Tata Motors to increase PV prices

Tata Motors has announced a price hike of its passenger vehicles. A weighted average increase in price of 0.55 percent will come into effect starting today, across the range, depending upon the variant and model. In a press note, the company has taken extensive measures to absorb significant portion of the increased input costs. However,… Continue reading Tata Motors to increase PV prices

Tata Motors Group global wholesales up 48% to 3.16 lakh units in Q1 FY23

Global wholesales of all passenger vehicles in Q1 FY23 were at 2,12,914 units, higher by 32% compared to Q1 FY22. New Delhi: Tata Motors Group on Friday said its global wholesales in Q1 FY23, including Jaguar Land Rover, were at 3,16,443 units, up 48%, compared to Q1 FY22when it had dispatched 2,14,250 units to dealers.… Continue reading Tata Motors Group global wholesales up 48% to 3.16 lakh units in Q1 FY23

Tata Group wholesales up 48 percent

The Tata Group has released its global wholesales for the first quarter of FY23, including Jaguar Land Rover. The total numbers were at 3,16,443 units, higher by 48 percent as compared to the year-earlier quarter. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q1 FY23 were at 1,03,529 units, higher… Continue reading Tata Group wholesales up 48 percent

@Tata-JLR: JAGUAR LAND ROVER UK PARTNERS WITH ANDERSEN EV FOR LUXURY, CUSTOMISABLE HOME CHARGING

About Jaguar Land RoverJaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the… Continue reading @Tata-JLR: JAGUAR LAND ROVER UK PARTNERS WITH ANDERSEN EV FOR LUXURY, CUSTOMISABLE HOME CHARGING

M&M’s electric, SUV focus driving gains for the stock on Dalal Street

The M&M stock kicked off trade on a strong note and has maintained a steady pace in intra-day trade on July 8 as the market responded to the British International Investment’s strategic investment. BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation of up to Rs… Continue reading M&M’s electric, SUV focus driving gains for the stock on Dalal Street

JLR’s Q1FY23 retail sales rmains constrained by chip shortage

Jaguar Land Rover (JLR)  reported that its sales volume continued to remain constrained by global chip shortage, compounded by  the run out of the prior model Range Rover Sport,with deliveries just starting and the impact of lockdown in China. The development comes even as the company has witnessed its orderbook surging to almost  200,000 units,… Continue reading JLR’s Q1FY23 retail sales rmains constrained by chip shortage