Tata Motors is not sold on battery-as-a-service model for EVs
Some GST leakage may be happening under battery-as-a-service model, says Tata Motors group chief financial officer P.B. Balaji.
Some GST leakage may be happening under battery-as-a-service model, says Tata Motors group chief financial officer P.B. Balaji.
The price of the Nexon EV has been reduced by up to ₹3 lakh and the Punch.ev has seen a price cut of ₹1.2 lakh.
Tata Motors will cross-promote rooftop solar and EVs.
Massive demand at the lower end of the market means the segment is key to government meeting its target of 30% electric car penetration.
Punch.ev will be Tata Motors' first product based on pure-electric architecture
Tata Passenger Electric Mobility will assist charge point operators in installing chargers at locations most frequented by its EV owners.
Electric vehicles contribute 13-15% to Tata Motors' passenger vehicle sales.
Tata Passenger Electric Mobility has a dominating market share of over 70% in the four-wheeler EV segment.
India's rising share of global manufacturing to prop up short-term output drag, he says.