The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this year but it has quickly… Continue reading Meet the Briton leading a Tesla rival who wants to save the planet
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Tata Nexon EV crosses 4,000-unit sales in 14 months
Tata Motors, which closed FY2021 on a high with total passenger vehicle sales of 222,025 units, up 69% year on year (FY2020: 131,196), has another reason for cheer. The Tata Nexon EV, currently the best-selling electric passenger vehicle in India, has driven past the 4,000-unit mark. Launched on January 28, 2020, the eco-friendly compact SUV… Continue reading Tata Nexon EV crosses 4,000-unit sales in 14 months
Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr
Tata Motors has partnered the Indian defence establishment in various strategic programmess such as MRSAM, Aakash, Agni, BrahMos, etc. Tata Motors on Thursday said it has completed the transfer of its defence business with effect from April 1 to Tata Advanced Systems Ltd (TASL) for an upfront consideration of Rs 227.7 crore. The transfer has… Continue reading Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr
Premium SUVs fastest selling used cars in March as dealers see fastest stock turn of 2021
Premium brand SUVs led the fastest selling used cars in March. According to eBay Motors Group this was a result if buyers, cooped up in lockdown, turning their attention to aspirational purchases. According to it’s Market View, Volkswagen’s Touareg was the fastest selling model in March, taking an average of just 29 days to sell… Continue reading Premium SUVs fastest selling used cars in March as dealers see fastest stock turn of 2021
Tata Motors sales jump 500% to 66,609 units in March; FY21 sales up 5%
In FY21 the company’s PV sales registered its highest ever annual sales in 8 years at 222,025 units, while posting a growth of 69% versus FY20. New Delhi: Tata Motors on Thursday reported 505% growth in total domestic sales at 66,609 units in March 2021 as compared to 11,012 units in the same month last… Continue reading Tata Motors sales jump 500% to 66,609 units in March; FY21 sales up 5%
Tata Motors sells 222,025 PVs in FY2021, notches 69% growth
Tata Motors, which is seeing a remarkable turnaround in its passenger vehicle business, has posted a robust sales performance for the fiscal year FY2021, driven on the back of a young and dynamic product portfolio. The company registered cumulative passenger vehicle (PV) sales of 222,025 units in the 11-month period of the financial year, as… Continue reading Tata Motors sells 222,025 PVs in FY2021, notches 69% growth
Tata Motors partners aftermarket players, ventures into Ceramic Coating services
Tata Motors, which is in speedy growth mode in the passenger vehicle business unit (PVBU) and clocked 119 percent rise in sales due to a fresh portfolio of new-age cars across categories including hatchbacks, UVs and EVs, has announced a new initiative at the aftersales level. The company has tied up with aftermarket brands of… Continue reading Tata Motors partners aftermarket players, ventures into Ceramic Coating services
Tata Power to expand EV charging mission to national highways, tourist places in India
Tata Power, India’s largest integrated power company, is aggressively expanding its electric vehicle charging network. The company, which is present across all segments of the EV eco-system – public charging, captive charging, home charging and workplace charging – has deployed all types of chargers including DC 001, AC, Type2, Fast DC chargers up to 50kWh… Continue reading Tata Power to expand EV charging mission to national highways, tourist places in India
Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU
Brussels, 31 March 2021 – The EU automobile industry is open to higher CO2 reduction targets for cars in 2030, provided that they are directly linked to binding commitments from member states to roll out the required charging points and hydrogen stations. CEOs of Europe’s leading car makers agreed this during a recent Board meeting… Continue reading Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU
View: A lucky half-century for this $50 million Tata stake comes to an end
By Andy Mukherjee After several years of legal wrangling, India’s Tata Group has won a decisive victory over its disgruntled minority shareholder. But the boardroom coup that turned into a courtroom drama will only be over with a divorce. That could still get messy. The Shapoorji Pallonji Group’s claim of being an oppressed junior partner… Continue reading View: A lucky half-century for this $50 million Tata stake comes to an end