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India.com
10-06-2025
- Automotive
- India.com
Ratan Tata's this company to invest Rs 330000000000 to launch seven new…, will create challenge for Anand Mahindra's…
Tata Motors is set to invest around Rs 33,000 crore to Rs 35,000 crore during FY26-30 for 30 product initiatives, like the launch of seven new models. The automaker also plans to focus on integrating advanced technologies and powertrains across its passenger vehicle lineup. With these efforts, Tata Motors wants to achieve a market share of 16% by FY27 (including EVs) and further increase it to around 18-20% within the 2-3 years. The auto major expects the domestic passenger vehicle industry to grow to 60 lakh units annually by 2030. 'Looking ahead, we will strengthen our portfolio by FY30…7 new nameplates and 23 product refreshes will holistically enhance the portfolio,' the company said in a presentation to analysts. There would be intense action on investment spend (Rs 33,000 crore-Rs 35,000 crore during FY26-30) focused on innovative new products, software-driven vehicles (SDVs), advanced technologies and powertrains, it added. The company plans to drive in products in the high-growth segments. The company stated that in the PV segment, it aims to deliver robust market-beating growth with an always new and expansive portfolio. Besides, it plans to expand its sales network to increase service capacity in line with volumes. The automaker stated that it also aims to lead the industry in core emerging technologies, software-driven vehicles (SDVs). Specifically for the EV business, the company expects to maintain its leadership position, with electric vehicles projected to account for 20 per cent of its total passenger vehicle volumes by the end of FY27, rising further to 30 per cent by FY30. Two new products – and – will help the company capture volumes in the growing segment, it noted. Tata Motors also plans to structurally enhance the total cost of ownership through product interventions to capture the CNG fleet customer base. The auto major is planning to enhance the charging network to instil confidence in buyers from smaller towns. Overall, it aims at EBITDA breakeven in the overall EV business by FY26. Elaborating on the industry trends, Tata Motors said its rapid growth in consumption, growing penetration of PVs in line with growing GDP and faster replacement cycles are some of the factors going to fuel the sector. It also noted that the SUV body style would continue to dominate and the MPV body style is also likely to grow sharply in the domestic market. The company also highlighted tapering hatchback shares due to higher entry prices and fewer new nameplate launches. Tata Motors expansion plan can affect other existing car sellers like Anand Mahindra's Mahindra and Mahindra, Maruti Suzuki and give them tough competition in all segments. (With Inputs From PTI)
Time of India
09-06-2025
- Automotive
- Time of India
Tata Motors future plans: Rs 33,000-35,000 crore investment to boost passenger vehicles; hoping to lead in EV segment
Automaking giant Tata Motors is planning massive investment plans for the future, earmarking Rs 33,000 crore to Rs 35,000 crore for FY 26-30 on product actions. The Mumbai-headquartered company is targeting 30 product actions, including the launch of seven new models, as it looks to sharpen its competitive edge in India's fast-evolving passenger vehicle (PV) market. As part of its long-term strategy, the automaker aims to secure a 16% market share, including electric vehicles (EVs), by FY27, rising to 18–20% over the next few years. Tata Motors expects the domestic PV industry to hit annual sales of 60 lakh units by 2030 and is positioning itself to ride that wave with a refreshed and expansive portfolio. 'Looking ahead, we will strengthen our portfolio by FY30...7 new nameplates and 23 product refreshes will holistically enhance the portfolio,' the company told analysts in a presentation. The upcoming investments will focus not only on new launches but also on emerging technologies, powertrain upgrades and software-driven vehicles (SDVs), an area where Tata Motors plans to take a leadership role. The company is also expanding its sales and service network to keep pace with growing volumes. In the electric vehicle space, Tata Motors is betting big. It expected EVs to make up 20% of its total passenger vehicle volumes by FY27, which will further increase to 30% by FY30. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo Two key models, the and are expected to strengthen its presence in this segment. The company also plans to improve total cost of ownership, especially for CNG fleet buyers, and expand EV charging infrastructure across smaller towns to ease buyer apprehensions. On the broader industry front, Tata Motors noted that its growth is driven by higher growth in consumption, rising PV penetration due to growing GDP and quicker replacement cycles. It predicted SUVs to continue dominating while the MPV category is also expected to see sharper growth in the domestic market. As for hatchbacks, the company pointed to lesser sales due to high priced entry-level models and fewer new launches. The company aims to reach EBITDA breakeven in its EV business by FY26. 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
03-06-2025
- Automotive
- Time of India
Tata Motors to give EV portfolio a premium edge with Harrier.ev, Sierra.ev
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India's electric car market leader Tata Motors has opened a new front with its push into the premium electric SUV segment amid falling sales and stiff competition from MG Motor India and Mahindra & Mahindra. Besides introducing high-end models like the and it will also improve the price-to-value of its EVs and revamp its fleet offerings to revive Motors took the wraps off the (65kw/hr battery) on Tuesday, prising open the premium end of the e-car market. Priced at ₹21.49 lakh, the electric version undercuts the pricing of rivals' and its own fossil fuel variant. Harrier (petrol automatic) is priced at ₹22.09 lakh to ₹30.55 lakh. Among other things, it comes with a lifetime warranty on the battery."We are entering the ₹20 lakh-plus segment with - that should help us," Shailesh Chandra, MD, Tata Passenger Electric Mobility and Tata Motors Passenger Vehicles, told ET. "This is a white space in the market, and consumers looking to upgrade to larger EVs have very limited options," he noted. The size of this segment has now increased to anywhere between 22,000 to 25,000 units per month, he Motors plans to sell 50,000 units of the latest model in the first full year of the launch, said people aware of the company's production plans. It will be introducing the higher trim variants later in the year. Chandra said the company will sustain the competitive pricing as it has managed to bring down the production cost substantially over the years since it entered the EV market in entry into the premium EV space is a strategic move to capture affluent buyers who may be looking beyond compact and mid-sized electric cars - a segment Tata has long dominated with models like the and "The premium SUV segment is critical because it brings higher realizations, better margins, and helps elevate brand perception," Chandra Tata Motors is reinforcing its hold on the mid and entry-level segments with product and pricing tweaks. However, one of its most urgent challenges lies in the commercial fleet space - historically a strong volume driver. The contribution from the segment is now down to 8 % to 10% compared to 15% a year phase-out of the FAME II subsidy made EV economics less viable for operators, particularly in comparison to CNG, he noted."Our goal now is to build a value proposition for fleet buyers that is on par with CNG," Chandra said, noting that signs of recovery have emerged from new fleet customers in recent months. The steps come at a critical juncture. Tata Motors' EV sales in May 2025 dropped 18.7% year-on-year to 4,320 units, even as the broader electric passenger vehicle market grew 49.6% to 11,405 units, according to Vahan registration data. Its full year dispatches to dealers in 2024-25 declined 13% to 64276 units from the year ago period. Its market share dropped to 53% from 70% in the same maintaining its lead in total volume terms, Tata's market share has been on a steady slide as rivals launch new EV models across categories and aggressively scale operations.
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Business Standard
26-05-2025
- Automotive
- Business Standard
Tata Motors share price gains 3% in trade; What's driving surge in stock?
Tata Motors' share price climbed 2.7 per cent in trade on Monday, May 26, 2025, logging an intraday high at ₹737.95 per share on BSE on a strong growth outlook. At 10:03 AM, Tata Motors shares were up 2.5 per cent at ₹736.55 per share on the BSE. In comparison, the BSE Sensex was up 0.87 per cent at 82,434.57. The market capitalisation of the company stood at ₹2,71,186.56 crore. The 52-week high of the stock was at ₹1,179.05 per share and the 52-week low of the stock was at ₹542.55 per share. In the past one year, the stock has lost 25 per cent as compared to BSE Sensex's rise of 8.3 per cent. According to reports, the auto major is eyeing to regain its market share of 50 per cent in the mid-to-long term through expansion and renewal of its product portfolio. With the domestic electric passenger vehicle market fragmenting into four distinct segments on the basis of price points, the company will be entering the above Rs 20 lakh category with its upcoming and reports suggested. Tata Motors Q4 results 2025: Tata Motors' consolidated net profit tanked 51.2 per cent year-on-year (Y-o-Y) to ₹8,556 crore in the March quarter of financial year 2025 (Q4FY25), from ₹17,528 crore in the March quarter of financial year 2024 (Q4FY24). The company's revenue rose merely 0.4 per cent Y-o-Y to ₹1,19,503 crore, from ₹1,19,033 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) edged up slightly (0.8 per cent Y-o-Y) to ₹16,818 crore in Q4FY25, from ₹16,685 crore in Q4FY24. Subsequently, Ebitda margin expanded just 5 basis points (bps) to 14.07 per cent, from 14.02 per cent a year ago. About Tata Motors Tata Motors is a global automotive manufacturer and a part of the Tata Group. It is known for its diverse portfolio of vehicles, including cars, utility vehicles, commercial vehicles, and luxury vehicles under the Jaguar Land Rover brand. ALSO READ:
Time of India
25-05-2025
- Automotive
- Time of India
Tata Motors seeks to regain 50% mkt share in electric PV segment, charge up portfolio
Tata Motors , the leader in the domestic electric passenger vehicle segment, is seeking to regain its market share of 50 per cent in the mid-to-long term through expansion and renewal of its product portfolio, according to a top company official. With the domestic electric passenger vehicle market fragmenting into four distinct segments on the basis of price points, the company will be entering the above ₹20 lakh category with its upcoming and , Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility Managing Director Shailesh Chandra told PTI here in an interview. The company is working to make the total cost of ownership (TCO) of its EVs in the fleet segment comparable to that of CNG vehicles to regain volumes, he added. "We have the aspiration of sustaining our market share beyond 50 per cent in the mid to long would aspire to be at a 50 per cent market share by having a very wide product portfolio and products which are aligned to the expectation of the customers," Chandra said, adding that by mid-term, he meant 18-24 months and beyond. He was responding to a query on how Tata Motors is looking to maintain its leadership position in the electric PV segment in the wake of intensifying competition. Acknowledging that in the short term, the company will face challenges, he said the decline in the company's market was "pretty much on the cards" as many players have come with multiple products with around 20 models in the market, including luxury cars. The passenger EV market is now segmented into four parts -- ₹8-12 lakh; ₹12 to 20 lakh; above ₹20 lakh and the fleet segment, he noted. Chandra said the company's market share is about 40-41 per cent at present, down from about 55 per cent last fiscal, mainly on account of a drop in fleet sales and intense competition in the ₹12 to 20 lakh segment. "A big part of the loss in volume has come because of the loss of volume in the fleet segment. In the personal segment, we have been kind of sustaining our volumes, but we are losing market share because the competition is coming in," he noted. Elaborating on how the company is preparing to regain its overall market share, he said, "In the ₹8-12 lakh segment where we have and with 75 per cent segment share, we are very comfortable. The idea would be to expand this part of the EV market. We are going to do that by strengthening the value proposition of the existing product and that work is on". In the ₹12-20 lakh segment, he said it is the "most crowded segment" where "all the players have positioned one product or the other". "Here, our market share has come down to 33-35 per cent. This is where we are trying to bring more compelling options with two products that we have here, and to fiercely compete in this segment". Going forward, Chandra said, "There is another segment beyond ₹20 lakh, which is emerging fast, and we are seeing the appetite of people also here to buy electric cars. This is the segment we are not present in right now. This is where we'll come with and then So, that will open a new segment for us, and that should strengthen our volume growth further". On the fleet segment, he said, "Last year, we faced stress because of the discontinuation of the FAME incentive and that brought down the volumes in the fleet segment". So far, the total cost of ownership of an electric car has beaten the diesel option, but the bigger market of the fleet is CNG, Chandra added. "Therefore, the effort is on to ensure how we can bring the (EV) TCO down to the TCO of a CNG and therefore the value proposition in the fleet segment has to be taken forward in that direction and we are actively working on it". With all these actions in the short term, Chandra said, "We will be able to start regaining market share, and also expand our volumes". There will be a continuous expansion and renewal of the portfolio in line with how the market is shaping up, he said, adding "that would mean fresh products, very compelling products going forward". Tata Motors sold about 65,000 EVs in FY25, a drop of 10 per cent compared to FY24.
