Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
336.40
-5.90 (-1.72%)
< Home < Back

Tata Motors looking to ramp up production of electric vehicles

Date: 11-04-2022

Tata Motors is looking to ramp up the production of electric vehicles as demand continues to outpace the manufacturing activity by a huge margin. The Mumbai-based automaker, which led the passenger electric vehicle space in the domestic market in last fiscal year, has been receiving an average of 5,500-6,000 bookings in the past two months for its EV range.

The company sells three electric products -- Nexon EV, Tigor EV and XPRES-T -- in the domestic market. It has also recently unveiled a coupe style SUV which it plans to launch in the next two years.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.