Tata Group Plans IPO For Electric Vehicle Unit, Eyes $1-2 Billion Listing
In a move aimed at monetising its investments in the electric vehicle (EV) sector, Tata Group is gearing up to list its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), in an initial public offering (IPO) valued at $1-2 billion. According…
Tata Nexon EV Facelift Seeing Maximum Demand for Top-spec Variant
The Tata Nexon EV is getting maximum demand for its top-spec Empowered Plus trim level, the automaker has revealed as much as 80 per cent of the bookings for this fully loaded model. This is the fully loaded Tata Nexon…
BPCL and Tata Passenger Electric Mobility Join to set up 7,000 Chargers Across India
Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 and a fully integrated Maharatna energy company, and Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India’s electric vehicle revolution, have signed an MOU to collaborate in establishing public charging stations…
Tata Nexon Ev Facelift Bookings Open In India Ahead Of September 14 Launch
The Tata Nexon EV facelift, which comes with significant upgrades to both its design and cabin in its new avatar, was recently unveiled by Tata Motors. This updated electric vehicle has a greater driving range, making it an ideal option for environment-conscious Indian…
India’s Tata Will Build a $5-Billion New Electric Car Battery Factory In The UK
India’s Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., the conglomerate said Wednesday. The plant is expected to become one of Europe’s largest battery cell manufacturing sites when it begins production in…
Tata Chooses UK For New EV Battery Plant
India’s Tata has chosen to build an electric vehicle battery plant in southwest England, Bloomberg reported on Tuesday, a win that would bolster the country’s automotive industry against stiff global competition. Tata has chosen a site in Somerset to supply…
Tata’s Agratas To Supply Battery Packs For Jaguar Land Rover Electric Cars
Jaguar Land Rover (JLR) has recently revealed its battery sourcing strategy for its next-gen electric cars that target a driving range of about 724 kms (450 miles) in single charge. The automaker has reportedly told its investors that it is…
Tata To Build ₹ 13,000 Crore EV Battery Plant In Gujarat
Salt-to-software conglomerate Tata Group signed an agreement with the Gujarat government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around ₹ 13,000 crore. Tata Agaratas Energy Storage Solutions Pvt., a subsidiary of Tata Group, signed…
Trial Run Of EV Station To Set Tone For More Work
After installation of an electric vehicle (EV) charging station in the parking area at municipal corporation’s zone-D office in Sarabha Nagar on pilot basis, Tata company has sought permission from the civic body to install the charging facility at more sites. However,…
Tata’s EV Dominance In India Faces Challengers Even Without Tesla
Hyundai Motor and MG are among the electric vehicle makers challenging Tata Motors’ dominance in India, a market where Tesla has yet to arrive and Chinese automakers face hurdles to investment. Hyundai Motor India plans to invest 200 billion rupees…
