Latest news with #Avinya


Time of India
25-06-2025
- Automotive
- Time of India
Tata Motors strategy: JLR to start assembling luxury cars in Tamil Nadu by 2026; Rs 9,000 crore investment planned
Representative image Jaguar Land Rover (JLR), the British luxury car arm of Tata Motors, will begin assembling its premium vehicles at a new facility in Tamil Nadu by early 2026, senior executives said on Tuesday. The plant will assemble Range Rover Evoque and Velar SUVs from completely knocked down (CKD) kits, with a projected capacity of 30,000 units annually, as per ET. The move is part of a Rs 9,000 crore investment over five years and marks a strategic shift in JLR's Indian manufacturing footprint. 'This move gives us a scalable, future-ready base as JLR expands its portfolio in India,' said PB Balaji, the Group CFO of Tata Motors, as quoted by ET. He further noted that the Ranipet plant will eventually absorb JLR's operations from Pune. The Tamil Nadu facility is also being positioned as a potential base for Tata's premium electric vehicles (EVs) under the Avinya brand. However, Tata Motors has deferred Avinya's launch to 2026 due to engineering hurdles. 'Some blind spots emerged during execution, and the industrialisation process has taken longer than expected,' said Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, as cited by ET. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo Chandra clarified that Avinya will debut as a standalone premium EV brand without overt Tata branding, aimed at global markets. He also criticised state policies favouring hybrid vehicles over EVs, saying they 'distort the market and delay EV adoption.' Meanwhile, JLR is facing global trade headwinds. With US import tariffs on vehicles from the UK rising to 27.5%, Tata Motors is not planning to set up a US manufacturing site in response. 'We need to be careful that we don't overextend ourselves,' Balaji said, ruling out reactive expansions, as per news agency PTI. JLR is also rerouting demand to regions less impacted by trade volatility, including the UK, Europe, and the Middle East. Additionally, Tata Motors is enhancing supply chain resilience, leveraging lessons from the 2022-23 semiconductor crisis. On rare earth exports from China, Chandra said Tata and JLR have sufficient inventory for the coming months and are exploring alternate sources. 'We are comfortable for the next few months… and very hopeful given the government's support on the topic,' he said, reported PTI. Despite the global challenges, Tata Motors confirmed its other EV launches like the and remain on schedule. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Time of India
25-06-2025
- Automotive
- Time of India
JLR to begin car assembly in Tamil Nadu by 2026; Tata Motors delays Avinya EV launch
British auto maker Jaguar Land Rover (JLR) will start assembling its luxury vehicles from completely knocked down (CKD) kits at its upcoming factory in Tamil Nadu by early 2026, said senior executives at parent Tata Motors on Tuesday. However, Tata Motors has deferred the launch of its flagship Avinya brand of electric vehicles (EVs) by a year due to engineering and feasibility challenges, the executives told a media briefing. JLR plans to invest about Rs 9,000 crore over five years in Tamil Nadu, marking a strategic realignment for the company's domestic manufacturing footprint. The automaker will initially assemble the Range Rover Evoque and Velar SUVs, with a planned annual capacity of 30,000 units. Eventually, it will also see JLR move operations from Tata Motors' existing facility in Pune to Ranipet, enabling better scale and logistical synergies, said PB Balaji, Group CFO, Tata Motors. 'This move gives us a scalable, future-ready base as JLR expands its portfolio in India,' said Balaji. The site is also expected to serve as a potential base for Tata's premium EV production, including vehicles under the Avinya brand, making it a critical hub for both Tata and JLR operations, he said. The announcement comes amid expectations of the India-UK Free Trade Agreement (FTA) easing tariffs on imported auto parts and fully-built vehicles. While the FTA may improve the economics of importing cars, local CKD assembly is viewed as a strategic hedge to control costs and keep regulatory flexibility. Tata Motors, however, is now looking at a 2026 timeline—instead of 2025—for the market debut of Avinya, its much-anticipated premium electric offering. 'In 2022, we were optimistic that we could bring Avinya to market in two-and-a-half years,' said Shailesh Chandra, MD – Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. 'But feasibility issues in certain subsystems and architectural layers meant we needed more engineering time. Some blind spots emerged during execution, and the industrialisation process has taken longer than expected.' Chandra clarified that Avinya will be launched as a standalone premium EV brand , without overt Tata branding, aimed at tapping global demand for high-end electric mobility. Meanwhile, he also flagged policy concerns, especially state-level incentives being extended to hybrid vehicles. 'These distort the market and delay EV adoption,' Chandra said. 'There needs to be policy clarity and consistency. Incentives that favour hybrids over EVs risk undermining the national electrification vision.' Commenting on the impact of geopolitical tensions and tariff wars on JLR, Balaji said Tata Motors is stepping up efforts to manage global headwinds for JLR by activating demand in key markets and launching a cost-cutting drive to offset tariff-related pressures. 'We're dialling up market activation around Range Rover, Range Rover Sport, and Defender to tap recovery in the UK and stable demand in the US, Europe, and the Middle East,' he said. On the cost side, JLR continues to face 27.5% import tariffs in the US, with duties also applying to vehicles sourced from its Slovakia plant. To mitigate margin pressure, Tata Motors has started a cost-out programme aimed at restoring JLR's 10% EBIT margin over the next 12–18 months. Balaji ruled out any immediate plans for a US manufacturing site, saying JLR would avoid overextending itself in uncertain trade conditions.


Time of India
24-06-2025
- Automotive
- Time of India
Tata Motors says JLR ready for supply shocks, no US plant despite tariff hit; Avinya EVs delayed to late 2025
Tata Motors Group on Tuesday said its Jaguar Land Rover (JLR) arm is better prepared to tackle current global supply chain disruptions, including those arising from the West Asia conflict, China's rare earth curbs and tariff wars, drawing on lessons learnt during the semiconductor shortage of the COVID-19 era. Group CFO PB Balaji said JLR is not planning to set up a manufacturing unit in the US, despite facing a steep tariff hike on exports to that market. 'As far as the manufacturing footprint is concerned, there are no plans at this point in time for any US site of any sort,' Balaji said at the company's media interaction. He noted that supply chains have undergone 'shock testing' during the semiconductor crisis of 2022-23 and added, 'Internally, we are equipped to process it better. That doesn't mean we will not have a problem. It just means that we'll be able to cope with it better.' Balaji acknowledged that a 10% tariff — up from 2.5% — would impact US volumes. 'I do expect some amount of volume shrink... some degree of demand elasticity will be there,' he said, adding that JLR currently exports around one lakh units to the US from the UK, PTI reported. He said JLR would mitigate the impact through market activation and demand rerouting to the UK, Europe and the Middle East, where the Israel-Iran conflict hasn't significantly affected sales yet. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Flores: Scholarships You Can Apply For (Start Now) College Scholarship | Google Search Search Now Undo The company also plans a cost management programme which will take 12–18 months to fully implement. On the issue of China's export restrictions on rare earth magnets — a critical component in EV manufacturing — Balaji said JLR is not facing production cuts and 'we're not pressing any panic button,' citing stable supplies and alternate sourcing. Tata Motors Passenger Vehicles and EV Managing Director Shailesh Chandra said the company is 'comfortable for the next few months more from a stock perspective' and hasn't altered EV launch plans. 'There's no trigger to change our plans,' he said, adding that both the launch and the rollout remain on track. Chandra confirmed that the auto industry is engaging with the Indian government and its envoy in China to resolve the rare earth issue. 'In the mid to long term, there are multiple solutions... we are working with the government in terms of being more self-sufficient,' he said. He added that alternate sourcing from other countries was also being explored. On the delay in Tata's Avinya brand EVs, Chandra said the launch has been pushed due to feasibility issues in certain subsystems, which required additional engineering and architectural changes. The Avinya EVs are now expected by late 2025 or early 2026. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Time of India
24-06-2025
- Automotive
- Time of India
JLR to begin car assembly in Tamil Nadu by 2026; Tata Motors delays Avinya EV launch
British auto maker Jaguar Land Rover (JLR) will start assembling its luxury vehicles from completely knocked down (CKD) kits at its upcoming factory in Tamil Nadu by early 2026, said senior executives at parent Tata Motors on Tuesday. However, Tata Motors has deferred the launch of its flagship Avinya brand of electric vehicles (EVs) by a year due to engineering and feasibility challenges, the executives told a media briefing. JLR plans to invest about Rs 9,000 crore over five years in Tamil Nadu, marking a strategic realignment for the company's domestic manufacturing footprint. The automaker will initially assemble the Range Rover Evoque and Velar SUVs, with a planned annual capacity of 30,000 units. Eventually, it will also see JLR move operations from Tata Motors' existing facility in Pune to Ranipet, enabling better scale and logistical synergies, said PB Balaji, Group CFO, Tata Motors. 'This move gives us a scalable, future-ready base as JLR expands its portfolio in India,' said Balaji. The site is also expected to serve as a potential base for Tata's premium EV production, including vehicles under the Avinya brand, making it a critical hub for both Tata and JLR operations, he said. The announcement comes amid expectations of the India-UK Free Trade Agreement (FTA) easing tariffs on imported auto parts and fully-built vehicles. While the FTA may improve the economics of importing cars, local CKD assembly is viewed as a strategic hedge to control costs and keep regulatory flexibility. Tata Motors, however, is now looking at a 2026 timeline—instead of 2025—for the market debut of Avinya, its much-anticipated premium electric offering. 'In 2022, we were optimistic that we could bring Avinya to market in two-and-a-half years,' said Shailesh Chandra, MD – Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. 'But feasibility issues in certain subsystems and architectural layers meant we needed more engineering time. Some blind spots emerged during execution, and the industrialisation process has taken longer than expected.' Chandra clarified that Avinya will be launched as a standalone premium EV brand , without overt Tata branding, aimed at tapping global demand for high-end electric mobility. Meanwhile, he also flagged policy concerns, especially state-level incentives being extended to hybrid vehicles. 'These distort the market and delay EV adoption,' Chandra said. 'There needs to be policy clarity and consistency. Incentives that favour hybrids over EVs risk undermining the national electrification vision.' Commenting on the impact of geopolitical tensions and tariff wars on JLR, Balaji said Tata Motors is stepping up efforts to manage global headwinds for JLR by activating demand in key markets and launching a cost-cutting drive to offset tariff-related pressures. 'We're dialling up market activation around Range Rover, Range Rover Sport, and Defender to tap recovery in the UK and stable demand in the US, Europe, and the Middle East,' he said. On the cost side, JLR continues to face 27.5% import tariffs in the US, with duties also applying to vehicles sourced from its Slovakia plant. To mitigate margin pressure, Tata Motors has started a cost-out programme aimed at restoring JLR's 10% EBIT margin over the next 12–18 months. Balaji ruled out any immediate plans for a US manufacturing site, saying JLR would avoid overextending itself in uncertain trade conditions.


Hindustan Times
11-06-2025
- Automotive
- Hindustan Times
Tata Motors to launch 30 new vehicles by FY30, including EVs, SUVs, MPVs. Check details
Tata Avinya X concept at Auto Expo 2025. Check Offers Tata Motors has set out an ambitious product plan for the remainder of the decade, with a commitment to introducing up to 30 new vehicles by FY2030. The plan consists of seven completely new nameplates and 23 updates or facelifts of current offerings. The revelation, released through the company's most recent investor presentation, highlights Tata's vision to cement leadership in several segments in India's transforming automotive environment. The automaker's overall portfolio will ultimately encompass more than 15 different nameplates, with an increased range of body styles and powertrains, including electric vehicles (EVs), internal combustion engines (ICE), and hybrids. SUVs and crossovers to dominate the lineup While Tata did not provide a model-wise split, it pointed toward an ongoing focus on SUVs, crossovers, and coupes. These are expected to be drivers of the growth over the next couple of years, with SUVs alone estimated to see a 55 per cent rise in demand by FY30 over FY25. The appeal of these strong and roomy vehicles, particularly in urban and semi-urban locations, is instilling confidence in Tata in this space. Also Read : Tata Motors to invest up to ₹ 35,000 crore in PV business in 5 years, new models and EVs in focus The next-generation Sierra SUV, which is in development, is one of the most highly anticipated launches. Test mules of the vehicle have been seen on several occasions, hinting that its commercial launch may not be very distant in the future. Harrier and Safari SUVs are also going to see powertrain diversification, likely referring to new hybrid or flex-fuel offerings. MPVs on the rise: A family-focused bet In a strategic move, Tata Motors also signaled multi-purpose vehicles (MPVs) as a growth driver. The company believes the MPV segment alone could grow as much as 50 per cent by FY30 from increased family needs for cars that combine comfort, space, and utility. Though Tata has not indicated exact MPV models in the pipeline, the emphasis on this body style indicates that new entrants may be designed with both urban families and fleet operators in mind. Also Read : Tata Harrier EV: A showcase of Tata Motors' global tech ties and EV ecosystem vision New age design with Avinya Of the new nameplates, the Avinya series is notable. Revealed initially in concept guise, the Avinya name will probably morph into a family of cars across various body styles and powertrains. As details are scarce, Tata did affirm that the Avinya range will combine next-gen design language with both ICE and EV drivetrain options for a wide range of consumers. Recent launches and what's next For FY26, Tata has already introduced updated versions of popular models such as the Tiago, Altroz Facelift, and the Harrier EV—its newest all-electric SUV. These releases indicate the brand's continued efforts at keeping pace with market trends while providing sustainable alternatives. In addition to the two announced ICE models and two new EVs, the firm teased two additional ICE models and two additional EVs, but these don't yet have names or details. This ongoing two-track strategy—ICE and EV—shows that Tata is ready for a transition market that is slowly electrifying. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 11 Jun 2025, 10:59 AM IST