loader2
Partner With Us NRI

Open DEMAT AND TRADING ACCOUNT WITH ICICIDIRECT

  • 02 May 2022
  • ICICI Securities

TATAMOTORS - 418 Change: 19.35 (4.85 %)

News: Tata Motors recently unveiled its new concept electric vehicle based on GEN 3 architecture, which is an born and only electric platform. New product launch from this platform is expected by 2025.

Views: Tata Motors is already a leader in the electric vehicle space domestically with >70% market share and remains further committed to electric mobility through new platform developed specifically for EVs (GEN 3). EVs based on GEN 3 promises a minimum certified range of 500 km. Recent media articles suggests company looking to multiply its electric sales volume in FY23E over FY22.

Impact: Positive

related news

Tata Motors emerges as lowest bidder for electric buses tender

As per media sources, Tata Motors has emerged as the lowest bidder for tender floated by Convergence Energy Services Ltd for procurement of electric buses domestically. The tender is envisaged for 5,400 buses amounting to over ₹ 5,000 crore with buses being mostly sold on operating lease model (maintained and run by OEM against fixed charge of ₹/km for a specific no. of years)

27-Apr-2022 09:00

Tata Motors reportdely wins order of 5,000 EV sedans (Tigor-XPresT)

As per media sources, Tata Motors have been roped in to supply 5,000 electric vehicles for fleet operations to Lithium Urban Technologies. The entire deployment of vehicles is aimed to be completed by next year.  

26-Apr-2022 09:00

Tata Motors announces price hike to offset high input cost in PV segment

As per media sources Tata motors has announced price hike to the tune of ~1.1% on blended bases, with effect from 23rd April 2022, across its product profile in the passenger vehicle (PV) segment.

25-Apr-2022 09:00