Noel Tata's BIG plan is set, Tata Motors to launch…, wants to to strengthen its…
Noel Tata (File)
Tata Motors is focusing on expanding its electric vehicle (EV) lineup and enhancing the value of its existing models as part of its strategy to make EVs dominant in the domestic passenger vehicle market.
The Mumbai-based automotive giant plans to introduce the Harrier.ev later this fiscal year, followed by the Sierra.ev, while also rolling out several upgrades to its current models.
Tata Motors sold about 65,000 EVs in FY25, a drop of 10 per cent as compared with FY24. Strengthening EV portfolio with new launches, as we also strengthen the value proposition of existing products, it said in a post-result investor presentation.
The company aims at continued efforts towards mainstreaming EVs, with focused market development and ecosystem actions, it noted while outlining the focus areas for sustainable growth in the passenger vehicles segment in FY26.
On the internal combustion engine vehicle segment, the company said it aims at "leveraging its strongest and freshest portfolio yet, with product interventions across hatches and SUVs.
The company aims to enhance brand consideration through comprehensive marketing campaigns and brand associations, to improve customer experience.
Besides, it intends to focus on accelerating cost reduction initiatives to ensure competitiveness and profitability in a tough environment, it added.
In the commercial vehicle business, the company said it expects improved fleet utilisation and a stable sentiment index with most macroeconomic indicators on track. We anticipate sustained growth despite global headwinds; the company stated.
The company's focus in the current fiscal would be to ensure a smooth transition of AC regulation in trucks, coupled with value enhancements.
Tata Motors will also continue to redefine the future of mobility with an expansive product portfolio, smart digital solutions and new nameplate launches, it stated.
The company also aims to improve retail market shares in all segments and, win back SCV shares by increasing penetration
(With Inputs From PTI)
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Time of India
21 minutes ago
- Time of India
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A jury of eight women and four men was seated on Tuesday in what lawyers say is expected to be a three-to-four-week trial, with opening statements kicking off on Wednesday. The stakes are high, but the class, which includes an estimated 14 million Californians whose mobile devices use Google's Android operating system, is in some ways just an appetizer. The same plaintiffs lawyers from Korein Tillery; Bartlit Beck and McManis Faulkner are litigating a parallel case in San Jose federal court covering Android users in the other 49 states, with billions of dollars in alleged damages. The plaintiffs in court papers say that even when their phones are turned off, Google causes Android devices to surreptitiously send information over cellular networks "for Google's own purposes," including targeted digital advertising. These transfers improperly eat up data that users purchase from their mobile carriers, the plaintiffs allege. Google spokesperson Jose Castaneda said the claims "mischaracterize standard industry practices that help protect users and make phones more reliable," he told me. "We look forward to making our case in court." A unit of Mountain View, California-based Alphabet, Google has a well-used playbook for settling class actions. Earlier this week, for example, the company agreed to pay $500 million to resolve shareholder litigation - a move that comes on the heels of a $50 million deal in May to resolve class-wide allegations of racial bias against Black employees and a $100 million payout in March to a proposed class of advertisers who claimed they were overcharged for clicks on ads. So why is Google taking this case to trial? In court papers, Google's outside counsel from Cooley argue that Android users incurred no actual losses, and that consumers consented to Google's so-called "passive" data transfers via terms of service agreements and device settings. 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The Print
23 minutes ago
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The Print
23 minutes ago
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Odisha CM performs groundbreaking ceremony for 12 projects worth Rs 28,084 crore
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