+
 Tata Motors to roll out 10 battery electric vehicles by 2025
POWER & RENEWABLE ENERGY

Tata Motors to roll out 10 battery electric vehicles by 2025

Automobile major Tata Motors has announced plans to roll out 10 brand-new battery electric vehicles (BEVs) in its domestic product lineup by 2025.

In the company’s Annual Report 2020-21, Tata Motors Chairman N Chandrasekaran told shareholders that the company aims to become a global leader in sustainable mobility solutions. The chairman said that EV penetration in their portfolio in India has now doubled to 2% this year.

Chandrasekaran informed that the company is also considering the creation of automotive software and engineering verticals within the group.

By 2036, Jaguar Land Rover wants all of its vehicles to have zero tailpipe emissions. Jaguar will be fully electric by 2025, with pure BEV vehicles accounting for 60% of Jaguar Land Rover volume by 2030.

Since its launch last year, Tata Motors has sold over 4,000 Nexon EV units. The company also markets Tigor compact sedans to fleet operators.

In terms of the business outlook, Chandrasekaran stated that the impact of the Covid-19 pandemic is expected to gradually fade in the near term as more people are vaccinated. As a result, he added, a gradual performance improvement is expected this year.

In the fiscal year 2020-21, the company reported its highest annual sales in the passenger vehicle segment in eight years, boosting its market share to 8.2%.

Image Source


Also read: Mahindra, Flipkart join hands to use EVs in last-mile logistics

Also read: E-mobility: Ashok Leyland to bring EVs to India via subsidiaries

Automobile major Tata Motors has announced plans to roll out 10 brand-new battery electric vehicles (BEVs) in its domestic product lineup by 2025. In the company’s Annual Report 2020-21, Tata Motors Chairman N Chandrasekaran told shareholders that the company aims to become a global leader in sustainable mobility solutions. The chairman said that EV penetration in their portfolio in India has now doubled to 2% this year. Chandrasekaran informed that the company is also considering the creation of automotive software and engineering verticals within the group. By 2036, Jaguar Land Rover wants all of its vehicles to have zero tailpipe emissions. Jaguar will be fully electric by 2025, with pure BEV vehicles accounting for 60% of Jaguar Land Rover volume by 2030. Since its launch last year, Tata Motors has sold over 4,000 Nexon EV units. The company also markets Tigor compact sedans to fleet operators. In terms of the business outlook, Chandrasekaran stated that the impact of the Covid-19 pandemic is expected to gradually fade in the near term as more people are vaccinated. As a result, he added, a gradual performance improvement is expected this year. In the fiscal year 2020-21, the company reported its highest annual sales in the passenger vehicle segment in eight years, boosting its market share to 8.2%. Image Source Also read: Mahindra, Flipkart join hands to use EVs in last-mile logistics Also read: E-mobility: Ashok Leyland to bring EVs to India via subsidiaries

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code