The global scenarios are changing with the passing time and so does the automotive industry. In India too, the automotive industry is experiencing a paradigm shift to alternative energy options and electronic mobility.
There’s no doubt that Tata Motor’s are esteemed automotive manufacturers of cars, SUVs, trucks, buses and military equipment not only in India but all around the world.
Tata motors is one of the most trusted manufacturers in the country who has unveiled the concept of electric cars and has been a trendsetter. The company has managed to stay ahead in the game of the Indian vehicle game with its futuristic outlook.
Even during Pandemic, when many businesses were facing hardship due to Covid-19 outbreak, the company launched new vehicles.
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With the changes striking of disruptions and innovation in the automotive industry, everywhere there's a hype of sustainable mobility. Most of the commercial vehicle manufacturers are all geared up to welcome the clean, and green technologies. Interestingly, Inda is an early adopter of this new change be it the electric, CNG or hydrogen fuel.
Tata Motors company is driving the customers and raising the bar high, by its innovation and technology.
Currently the company has received approximately 3,500 orders per month for its hugely popular Nexon EV, which is said to corner some 75 percent of the market. This is because the subsidiary has a unique business model in which it will be a platform for EV makers to access capital for their projects, and provide them with the necessary resources to launch and scale their operations. This model has allowed the company to become a key player in the EV market and attract high levels of investment from TPG Rise Climate.
It is estimated that the capital infusion will be completed by March of next year, when the subsidiary will become operational.
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Tata Motors' Plans to Launch 10 New Electric Vehicles:
Interestingly, Tata motors has announced that they’ll launch ten new electric vehicles in India by 2025 wherein they plan to build ten new-battery powered electric vehicles also known as BEVs specifically for the Indian Market.
As part of its commitment to protecting the environment, they are working with Indian and European battery manufacturers for the production of environmentally friendly batteries for its vehicles.
Not Only this but, the company is planning to launch affordable- electric vehicles and independent battery and infrastructure vehicle programs. Their aim is to make self-sufficient batteries and changing stations.
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As a pioneer of clean and green emissions in the Indian automotive industry, Tata Motors has always been on the cutting edge. In addition to its lead in hydrogen fuel cell technology and its foray into CNG and LNG, Ata Motors.
There is no doubt that ten years is a long time for a business cycle to last. The success of the strategy will be determined by when it works or moves forward!
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Despite a 10-year lead in the Indian electric vehicle industry, Tata Motors has outperformed its competitors today. There is no doubt that Tata Motors continues to work on its electrification strategy, and at the moment, they have rolled out several affordable electric vehicle plans, which we can see for ourselves.
Check out the latest update on Instagram.