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Electrifying Ambitions: Tata Motors’ EV Drive to Get a Boost from $800-900 Million in PLI Incentives

Electrifying Ambitions: Tata Motors’ EV Drive to Get a Boost from $800-900 Million in PLI Incentives

autherShahkar Abidi     calendar29 Jan 2025

India's largest EV manufacturer leverages government incentives and private equity funding to drive its $2.2 billion expansion plan, with CFO PB Balaji expressing confidence in the strategic funding approach.

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Cabinet approves revised ethanol prices for public sector OMCs
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autherShruti Shiraguppi calendar29 Jan 2025

New Prices aim to ensure adequate supply and support increased blending targets, reducing dependency on crude oil impo...

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Project Abhay: Vision care initiative targets road safety crisis
Project Abhay: Vision care initiative targets road safety crisis

autherShruti Shiraguppi calendar29 Jan 2025

IIT Delhi's health screening of 50,000 truck drivers reveals over half suffer from vision problems, leading to a natio...

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Tata Motors expects PV space to be competitive on new launches, low inventory
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By Ketan Thakkar, Darshan Nakhwa calendar29 Jan 2025

While inventory levels have declined sharply, reducing the need for discounts, a flurry of new launches could keep pri...

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Retailer stress impacting auto sales in China, says Tata Motors
Retailer stress impacting auto sales in China, says Tata Motors

By Ketan Thakkar, Darshan Nakhwa calendar29 Jan 2025

However, the relative performance of JLR is China is strong, and the company also expects improvement in coming quarte...

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Tata Motors watchful of US Tariffs, emphasises strong demand for JLR vehicles
Tata Motors watchful of US Tariffs, emphasises strong demand for JLR vehicles

By Ketan Thakkar, Darshan Nakhwa calendar29 Jan 2025

Company said the UK has a negative trade balance against the US, but the company is still keeping a cautious stand on ...

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Tata Motors predicts gradual improvement in India's auto demand
Tata Motors predicts gradual improvement in India's auto demand

By Ketan Thakkar, Sarthak Mahajan calendar29 Jan 2025

Automaker expects budget, increased infra spending to boost demand in India.

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Automotive Test Systems and Amrita University partner to establish EV test lab in Coimbatore
Automotive Test Systems and Amrita University partner to establish EV test lab in Coimbatore

By Autocar Pro News Desk calendar29 Jan 2025

The new lab which is the extension of an existing facility in the Amrita University campus in Coimbatore houses a 48kW...

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Tata Motors expects JLR's China weakness to be offset by growth in other markets
Tata Motors expects JLR's China weakness to be offset by growth in other markets

By Ketan Thakkar, Sarthak Mahajan calendar29 Jan 2025

Tata Motors expects JLR's strong performance in other markets to offset the weakness in China.

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MapmyIndia registers 24.5% growth in Q3 FY25 revenues
MapmyIndia registers 24.5% growth in Q3 FY25 revenues

By Autocar Pro News Desk calendar29 Jan 2025

While its total income, at Rs 124 crore, registered a 19.6% YoY growth, the EBITDA was pegged at Rs 41.7 crore (+15.7%...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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42.86%

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Total Votes : 14