logo
Tata Motors to invest up to $4 billion over 5 years for EVs, new cars

Tata Motors to invest up to $4 billion over 5 years for EVs, new cars

India's Tata Motors plans to invest up to 350 billion rupees ($4.1 billion) over the next five years, aiming to cement its position as the country's top electric vehicle maker amid rising competition and a push to adopt clean cars.
The maker of the Nexon and Punch sport utility vehicles will nearly double its portfolio from eight models to 15, launch more EVs and compressed natural gas cars as well as enhance the vehicles' technology features, according to its investor day presentation released on Monday.
India, the world's third-largest car market, is planning stricter emission norms starting 2027 and wants EVs to form 30% of all car sales by 2030.
Tata Motors did not share its investment plan for the current year to March 2026, but said last month the domestic businesses, including commercial vehicles, would have a capital expenditure of about 80 billion rupees.
Intense competition in the combustion engine market has allowed rival Mahindra & Mahindra to overtake Tata. China's MG Motor has also challenged Tata's EV dominance with the "Windsor" model, outselling its products since late last year.
Yet, Tata Motors maintained its target of 16% market share by March 2027, aiming to reach 18%-20% by March 2030.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rafale Fighter Jet Fuselage to Be Made in India  Vantage with Palki Sharma
Rafale Fighter Jet Fuselage to Be Made in India  Vantage with Palki Sharma

First Post

time6 hours ago

  • First Post

Rafale Fighter Jet Fuselage to Be Made in India Vantage with Palki Sharma

Rafale Fighter Jet Fuselage to Be Made in India | Vantage with Palki Sharma | N18G Rafale Fighter Jet Fuselage to Be Made in India | Vantage with Palki Sharma | N18G French aerospace firm Dassault has signed a deal with India's Tata group to manufacture fuselages for the Rafale fighter jets in India. Once the plant becomes operational in 2028, India will become the first country other than France to make the body of this jet. What does it mean for India's defence sector? Will more such deals follow? Palki Sharma tells you. See More

Tata Motors to launch 5 new cars in 12 months: Sierra.ev, Harrier Turbo & more
Tata Motors to launch 5 new cars in 12 months: Sierra.ev, Harrier Turbo & more

Hans India

time7 hours ago

  • Hans India

Tata Motors to launch 5 new cars in 12 months: Sierra.ev, Harrier Turbo & more

Tata Motors is set to make waves over the next 12 months with the launch of five new vehicles aimed at expanding its petrol and electric lineup. Riding high on recent sales growth, the company is bringing back iconic names and introducing updated versions of popular models. 1. Tata Harrier Turbo Petrol Tata's much-loved Harrier will soon get a turbo petrol variant. Expected to feature a 1.5-litre TGDi engine generating around 168–170 bhp and 280 Nm torque, it will come with a standard 6-speed manual gearbox, and a 7-speed DCT may also be offered. Launch is likely around the festive season, with pricing slightly lower than the diesel counterpart. 2. Tata Safari Turbo Petrol The larger 7-seater Safari will receive the same 1.5-litre turbo petrol engine as the Harrier. With similar specs, the Safari Turbo will go up against petrol SUVs like the Mahindra XUV700, Scorpio-N, and Hyundai Alcazar. Launch expected later this year. 3. Tata Tata is reviving the legendary Sierra as a premium all-electric SUV. It will feature a futuristic design with a triple 12.3-inch screen layout, panoramic sunroof, and modern features like wireless charging and ventilated seats. Expected to come with 65 kWh and 75 kWh battery packs, and AWD producing 369 bhp and 504 Nm torque. 4. Tata Facelift Tata will refresh its sub-compact SUV with a facelift that includes a redesigned front and rear bumper, updated alloys, and added features like a 360-degree camera, blind-spot monitor, and larger touchscreen. Battery options will likely remain the same (25 kWh and 35 kWh). Launch is expected in early 2026. 5. Tata Sierra ICE Following the Tata will also launch a conventional ICE-powered Sierra. Likely to compete with Hyundai Creta, Kia Seltos, and others, it will be powered by the 1.5-litre turbo petrol engine and a 2.0-litre Kryotec diesel engine. Most features from the electric version will be carried over. With this bold new lineup, Tata Motors is clearly focused on offering more choices across both petrol and EV segments, positioning itself as a major player in the evolving Indian automotive landscape.

Tata Motors Elevates Driver Comfort, Launches Air Conditioned Cabins and Cowls across its Truck Range
Tata Motors Elevates Driver Comfort, Launches Air Conditioned Cabins and Cowls across its Truck Range

Hans India

time8 hours ago

  • Hans India

Tata Motors Elevates Driver Comfort, Launches Air Conditioned Cabins and Cowls across its Truck Range

Tata Motors, India's largest commercial vehicle manufacturer, announces the launch of factory-fitted air conditioning systems across its entire truck range. This significant upgrade spans the SFC, LPT, Ultra, Signa, and Prima cabins, while also extending to cowl models for the first time. Tata Motors also introduces a series of value additions, including power output enhancements, reinforcing its commitment to set new benchmarks in performance and drivability. Commenting on the occasion, Rajesh Kaul, Vice President and Business Head – Trucks, Tata Motors Commercial Vehicles, said, 'The introduction of air-conditioned cabins and cowls marks a significant step towards building a comfortable working environment for drivers, enabling higher productivity. In addition to complying with the regulatory requirements, we have leveraged this opportunity to deliver long-term value with a host of enhancements. These upgrades, shaped by extensive customer feedback, and backed by smart engineering, are designed to minimise impact on total cost of ownership, ensuring greater profitability for fleet owners." The new air-conditioning system offers dual-mode operation, Eco and Heavy, delivering optimal cooling with enhanced energy efficiency. Tata Motors' range of heavy trucks, tippers and prime movers now offer higher power output of up to 320hp. Coupled with intelligent technology that maximizes fuel economy, this upgrade makes the trucks well suited for diverse applications. Furthermore, other improvements include duty-cycle-based fuel efficiency features such as engine idle auto-shut, a voice messaging system for real-time alerts, amongst others. Tata Motors' widest commercial vehicle portfolio is complemented by a robust service network of over 3000 touchpoints coupled with a host of value-added services designed for comprehensive vehicle lifecycle management through its Sampoorna Seva 2.0 initiative. This all-inclusive solution ensures support at every step, including road-side assistance, assured service turnaround times, annual maintenance contracts, and easy access to genuine spare parts. Additionally, Tata Motors leverages Fleet Edge, its connected vehicle platform, for optimal fleet management, enabling operators to maximize vehicle uptime and minimize total cost of ownership.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store