Latest news with #TataPassengerElectricMobilityLtd
The Hindu
22-05-2025
- Automotive
- The Hindu
Tata Motors unveils All-New Altroz in multi-fuel options
Tata Motors Ltd. has announced the launch of the All-New Altroz at a starting price of ₹6.89 lakhs. It is available with Petrol, Diesel and iCNG options. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicle Ltd. and Tata Passenger Electric Mobility Ltd. said, 'Our journey in the last 5 years has been defined by fast-paced growth and transformation.' 'As we look ahead, FY26 is not about incremental gains — it's about a quantum leap. 'With over 1 million premium hatches sold in the last 3 years, we believe hatchbacks remain a critical part of India's mobility landscape,' he said. 'The 2025 edition makes the Altroz shine brighter by seamlessly blending contemporary design, advanced technology, and a performance-led approach. It embodies everything today's Premium Hatch Customer seeks — modern styling, a premium feel, tech-rich features, next-level safety, and the widest range of powertrain options. Every element has been thoughtfully crafted to holistically elevate the driving experience. The All New Altroz will make its owners truly 'Feel Special'., he added.
India.com
02-05-2025
- Automotive
- India.com
Exclusive: Tata.ev's Next EV Leap with 64% Market Share
New Delhi – Tata Passenger Electric Mobility Ltd. continues to lead India's electric vehicle revolution, capturing a dominant 64% market share in FY24 with over 73,000 EVs sold. In FY25 so far, retains close to 60% share, cementing its position as the largest 4-wheeler EV manufacturer in the country. In this conversation, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd. highlights how the kickstarted mass EV adoption. With over 2 lakh Tata EVs on the road, the company now gears up for the launch of the in FY26. also plans to double India's charging infrastructure to 400,000 points by 2027. Question 1. What was volume and market share in the EV segment in FY24 and year-to-date FY25? Answer. The largest 4-wheeler EV manufacturer in India, is the pioneer of India's EV revolution and dominated the category in FY24, capturing a 64% market share with over 73,000 volumes. This strong performance has continued into FY25, where we currently hold close to 60% market share YTD. Question has maintained its dominant market share since 2020? Answer. introduced an EV to the mass market at a time when the technology was viewed as an expensive proposition. What essentially kickstarted the EV revolution in India – the – single-handedly helped push the EV industry from a TIV of over 5,400 in FY 20 to 1.67 lakh as of FY 24. As the market leader, we have effectively built the EV ecosystem from scratch and set it up for everyone to reap the benefits. Right from building acceptance for the category amongst fence-sitters, to setting up the charging infrastructure, we have worked on the absolute basics to create and nurture the EV category for the benefit of the country's future. Our efforts across these years have helped us understand exactly what the modern Indian EV customer is looking for in their EV, our product portfolio – widest in the market – is spread across multiple price points, body styles, and battery options to cater to every customer archetype and their use case. Over 2 lakh Tata EVs on the road, logging over 5 bn KM place us in the perfect position to use their insights and create reliable EVs, focused on the Indian consumer. The success of our portfolio is testament to our effort in this space, and the excitement for products like the and only goes on to vindicate our position. Question 3. What new EVs can we expect from the company in 2025? Answer. As the leader of the India EV market, we're committed to a portfolio of innovative and compelling EVs that resonate with the diverse use cases of discerning customers. We recently showcased the at the Bharat Mobility Global Expo 2025, with its launch planned in FY26. The is based on our advanced pure EV architecture, whose every layer is enhanced with innovative technologies rarely seen in this segment. The soon to be launched EV SUV boasts a Quad Wheel Drive (QWD) Dual Motor setup, delivering an impressive 500 nm of torque for exhilarating performance across diverse terrains. We're targeting a real-world range of around 500 km, addressing range anxiety and enabling customers to explore without limits. This will be followed by the increasingly awaited showed at the 2023 Auto Expo. Specific details on 2025 launches will be shared at the appropriate time. Question 4. Apart from car launches, how will expand charging infrastructure? Answer. is deeply committed to driving the growth of the EV market in India, with a crucial focus on overcoming the charging infrastructure challenge. With over 2 lakh Tata EVs on the road, we have collected data spanning over 5 bn KM of data – making it the largest data repository for a manufacturer, which helps us derive valuable insights and understand diverse customer use cases across India. Moreover, we have been working closely with not only our customers but also key stakeholders such as Charge Point Operators (CPOs), Resident Welfare Associations (RWAs), and other industry bodies. This approach allows us to go beyond the product and gain a comprehensive understanding of the challenges of the EV ecosystem. While the charging infrastructure continues to expand, we recognize that visibility, speed, and reliability remain critical concerns for potential EV users. To address these challenges, we recently announced our effort to double India's current charging infrastructure to over 400,000 charging points by 2027. A key driver of this ambition is the introduction of the MegaCharger Network. In collaboration with partners like Tata Power, Zeon, ChargeZone, and Statiq, we will be rolling out 500 co-branded chargers across the country to ensure enhanced accessibility for EV users, including a 25% discount on the charging tariff and priority access exclusively for customers. In addition to this, we will also be working with CPOs and OMCs to install over 30,000 chargers through our Open Collaboration framework. Question 5. How do you plan to address after-sales support gaps? Answer. After-sales is a continuous journey and we have been making significant improvements on this front. In terms of service, the pace at which our sales have increased is large and hence on the service side we are working on increasing our service capacity by augmenting bays, increasing productivity per bay, and more number of working hours/days. We have also introduced the exclusive service centers, with 6 of these outlets contributing to customer delight and more such touchpoints on their way. In addition to this, we are also working towards setting-up local warehouses to enhance ease of access for batteries to reduce the turnaround time when it comes to the rare times of the need for a battery replacement. Question 6. Could you share details about upcoming EV lineup and its target buyers? Answer. We've spoken about the fact that the shown at the Bharat Mobility Global Expo in Delhi, is slated for launch in FY 2026. It's built on our advanced pure EV architecture, whose every layer is enhanced with innovative technologies rarely seen in this segment. The boasts a Quad Wheel Drive (QWD) Dual Motor setup, delivering an impressive 500 nm of torque for exhilarating performance across diverse terrains. We're targeting a real-world range of over 500 km, addressing range anxiety and enabling customers to explore without limits. The is designed to appeal to tech-savvy and environmentally conscious customers who appreciate both luxury and rugged capability. It perfectly balances refined comfort for passengers with powerful performance and precise handling for the driver. We envision it attracting a diverse customer base, from adventurers seeking off-road thrills to urban drivers looking for a sophisticated and capable SUV. We're confident that its competitive pricing within the electric high-SUV segment will make it a compelling choice. Question 7. How soon can we expect to see the launched in India? Do you expect it to grow Tata's EV market share and by how much? Answer. The will be launched in the market in the first half of FY 26 and will be competitively priced within the electric high-SUV segment, making it an attractive choice for a diverse customer base. Combining luxury with ruggedness, the excels as both a refined traveler and a powerful performer, perfectly catering to adventurers and urban drivers alike. While the rear cabin offers passengers a serene, luxurious retreat, the driver is treated to raw power, precision handling, and an immersive driving experience—all in perfect harmony. The will take our plans of expanding the EV market forward, playing a key role in increasing visibility and credibility for electric mobility in the country as we inch towards higher penetration in overall 4-wheeler sales for the technology.
Time of India
01-05-2025
- Automotive
- Time of India
Maharashtra policy on EVs will position state as national leader in sustainable mobility: Tata Motors
Maharashtra government 's new policy on electric vehicles positions the state as a national leader in sustainable mobility , Tata Motors said on Wednesday. The Maharashtra cabinet on Tuesday approved Electric Vehicle Policy 2025 according to which certain electric vehicles (EVs) will receive toll waivers on highways. Besides, subsidies will be provided on purchase of such vehicles to boost their use to help bring down air pollution. The policy was approved in the state cabinet meeting chaired by Chief Minister Devendra Fadnavis. According to the government, under the policy, which will be valid till 2030, ₹1,993 crore will be earmarked for the sector. "The EV policy announced by the Maharashtra government is comprehensive and forward-thinking. It positions the state as a national leader in sustainable mobility," Shailesh Chandra, Managing Director for Tata Motors Passenger Vehicles Ltd & Tata Passenger Electric Mobility Ltd, said. The focus on expanding charging infrastructure across key urban centres and highways, in the policy, directly addresses accessibility -- one of the main challenges to EV adoption, he said. Additionally, according to Chandra, the introduction of toll-free highways for EVs reduces operational costs, making electric vehicles more economically viable. "The continuity of registration and road tax benefits further ensure long-term stability for both consumers and manufacturers," he said. Tata Motors is "committed" to supporting Maharashtra's vision by expanding its EV portfolio and collaborating on infrastructure development, he added. Under the newly announced policy, passenger EVs will be given subsidies while charging infrastructure will be strengthened and there will be charging facilities on the national highways at a distance of 25 km, as per the government. The policy also envisages implementing the Clean Mobility Transition Model by giving sops to those buying EVs till 2030. According to the policy, electric two- and three-wheelers and private four-wheelers, state transport corporation and private buses as well as transport undertakings under civic bodies will be given 10 per cent concession on purchase as against its original cost. Moreover, electric goods-carrying three- and four-wheelers, electric tractors will be given a concession of 15 per cent as against its original cost, according to the government. Under the policy, registration fee will also be waived on EVs while toll will be waived for four-wheeler EV vehicles and buses using the Mumbai-Pune Expressway, Atal Setu, Samruddhi Mahamarg. Toll will only be 50 per cent for these vehicles plying on state and national highways, the government said.
