Tata Motors Delivers Electric SUV - Nexon EV to Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors

On this auspicious Day of Ganesh Chaturthi, Tata Motors delivers India’s Own Electric SUV, the Tata Nexon EV  to Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors. This development follows the recent landmark announcement of rolling out the 1000th Nexon EV.

In the image (L-R), Mr. Shailesh Chandra, President – Passenger Vehicle Business Unit hands over the electric SUV to Mr. N. Chandrasekaran and his wife Ms. Lalitha Chandrasekaran.

Tata Motors Rolls Out 1000th Nexon EV in the Electric Car Segment Across Indian Market

Tata Motors today announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just over 6-months after the commercial launch of the vehicle portraying the rapid growth in both interest and demand for EVs. Acknowledged as the most preferred electric car in India, the Tata Nexon EV is the best seller in its segment, helping Tata Motors post a market share of 62% in EVs in Q1FY21.

Speaking on this momentous occasion, Shailesh Chandra, President – Passenger Vehicle Business, Tata Motors Ltd. said, “Acceptance of EVs is accelerating fast, and we are seeing growing interest in it from all parts of the country. The rollout of the 1000th Nexon EV in a short time span, despite the challenges of Covid-19, reflects the rising interest of personal segment buyers in EVs. Tata Motors will continue to innovate and develop comprehensive sustainable mobility solutions meeting global standards. EVs are the future and as the industry leader, we are committed to make them desirable and a mainstream choice for the customers.”

Tata Motors has consistently catered to the evolving needs of customers for electric cars with the introduction of best-selling in both the fleet (Tigor EV Electric Sedan, with a range of 140 km & 213 km) and personal segments (Nexon EV Electric SUV, with an anxiety-free range of 312 km on a single charge). Designed to offer thrilling, connected drive experience with zero emissions and at an attractive pricing, the Nexon EV has created a unique benchmark in its category. To popularise the access and use of Nexon EV in India, the company recently launched a novel EV Subscription model, ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of shared economy. 

Further, to accelerate the adoption of EVs in India, Tata Motors also introduced a holistic e-mobility ecosystem “Tata uniEVerse” to closely leverage the strengths and experience of other Tata Group companies to create a viable EV environment. Powered by Tata uniEVerse, consumers will have access to a suite of e-mobility offerings including charging solutions, innovative retail experiences and easy financing options.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 110 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 134 subsidiaries, associate companies and joint ventures, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centres located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Tata Motors Media Clarification on Jaguar Land Rover Stake Sale

Unconfirmed and unsubstantiated reports have been published by some media alleging that Tata Motors may sell stake in Jaguar Land Rover (JLR). 

Tata Motors categorically denies and dismisses any such intent. Jaguar Land Rover is and remains a key pillar of Tata Motors and the wider Tata Group. 

We recently announced our results for Q1 and have indicated that we are maintaining solid liquidity despite the Covid-19 pandemic and expect to be cash positive from Q2 onwards.

Jaguar Land Rover business remains strong as it transitions to new electrified, autonomous and connected technologies to support its Destination Zero ambition.

Tata Motors Introduces India’s Largest Tipper Truck - The Signa 4825.TK with 16-Wheels

 

Key highlights:

* Gross vehicle weight of 47.5 tonne – the highest in the country for tipper trucks

* Powered by 6.7-litre Cummins engine – world renowned for its robust durability and reliability

* Unmatched 6 years / 6 lakh kilometre warranty

* Industry-first factory-fitted advanced electronic system with sensors to detect and prevent a possible topple while tipping

* Equipped with Hill Start Assist, 3 mode fuel economy switch, Fleet Edge and many more industry-first features

Tata Motors, India’s leading commercial vehicles manufacturer, today announced the launch of Signa 4825.TK – India’s very first 47.5-tonne multi-axle tipper truck for surface transport of coal and construction aggregates. The Signa 4825.TK’s unmatched gross vehicle weight allows more load per trip with its 29 cubic metre box load body. The newly-launched tipper truck is specially designed to meet the customer’s need of high productivity and fast turnaround. It is developed with Tata Motors’ Power of 6 philosophy and offers enhanced performance, higher payload capacity, lower total cost of ownership, higher comfort and safety for the driver.

The Signa 4825.TK is powered by Cummins ISBe 6.7-litre BS6 engine with high power rating of 250hp and torque rating of 950Nm from 1000-1700rpm to ensure faster turnaround time. The powerful engine is mated to a heavy duty G1150 9-speed gearbox, with 430mm dia organic clutch. The gear ratios are designed specifically for surface transportation, with reduced fuel consumption. The tipper truck is equipped with 3 distinct drive modes – Light, Medium and Heavy – to ensure optimum power and torque selection, based on the load and terrain, ensuring high fuel efficiency. It comes as a factory-built, ready-to-use vehicle with the 29 cubic metre tipper body and hydraulics. The Signa 4825.TK is available in two configurations: 10x4, 10x2 to offer flexibility to the customer, basis their requirement.

Speaking at the launch of the Signa 4825.TK, Mr RT Wasan, Vice President, Product Line, M&HCV, Tata Motors said, “Tata Motors has used the BS6 implementation opportunity to not only migrate to the stricter emission norms, but to truly upgrade the entire product portfolio and further match the customer’s requirement by setting new benchmarks for performance, operating efficiency, comfort and safety. We are delighted to introduce the Signa 4825.TK – recognising the needs of the customers such as those in construction and coal industry who wish to complete large projects ahead of time, we have developed India’s largest tipper, with gross vehicle weight of 47.5 tonnes. It has been our constant endeavour to deliver the best product offerings that match and excel the country’s evolving needs and demands. Through our Power of 6 philosophy, we will continue to offer first-in-the-industry products and solutions and further strengthen our position in the cargo and Construck segments.”

Moreover, the advanced features like spacious sleeper cabin, tilt & telescopic steering system, 3-way mechanically-adjustable comfortable driving seat and easy-shift gears. The Signa 4825.TK’s suspended cabin guarantees lower NVH characteristics and provides a comfortable ride even on rough roads. The powerful air conditioning system assures comfortable all-weather driving. The crash-tested cabin, high seating position, bigger daylight opening, rear view mirror, blind spot mirror, solid steel 3-piece bumper make it one of the safest tippers in the country.

The technology-driven tipper truck also offers new-generation features like Hill Start Assist (HSA), Engine Brake and iCGT brake for greater vehicle control and lower operating costs. This fully-built tipper is equipped with advanced electronic system with sensors to detect and prevent a possible topple while tipping, thus increasing the safety of the driver and the operators.

It also comes with the standard fitment of Fleet Edge – Tata Motors’ next-gen digital solution for optimal fleet management, to further increase the uptime and reduce the total cost of ownership.

The entire range of Tata Motors M&HCV trucks comes with the best-in-the-industry warranty of 6 years / 6 lakh kilometres. Tata Motors also offers Sampoorna Seva 2.0 and Tata Samarth – the company’s commitment to commercial vehicle driver welfare, uptime Guarantee, on-site service, and customised annual maintenance and fleet management solutions with each M&HCV.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR, a USD 44 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 110 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 134 subsidiaries, associate companies and joint ventures, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fuelled by state of the art design and R&D centres located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

‘Atmanirbharta by Tata Motors’ - A Digital Campaign Vocalising the Need for Local

 

Tata Motors, India’s leading auto brand in association with WATConsult, the globally awarded hybrid digital agency from the house of Dentsu Aegis Network (DAN) India, today announced the launch of ‘Atmanirbharta by Tata Motors’ – a digital campaign highlighting the existence of localisation in everything that we do. Designed and conceptualised by WATConsult, this campaign has been released ahead of the glorious occasion of India’s 74th Independence Day and emphasises on the meaning of ‘Atmanirbharta’ or self-reliance for individuals and the nation as a whole.

Solidifying the brand’s stance for the ‘Vocal for Local’ initiative, the campaign is headlined by a video, which begins with a very young boy named Rohan shown seated in the rear seat of a Tata Nexon, while his father is driving him across the town. The son inquisitively asks his father, “Atmanirbharta kya hoti hai?” i.e. “What does Atmanirbharta mean?”. By showing a range of occupations to his son, the father makes him understand that Atmanirbharta means being self-reliant in all aspects of life and that it applies to people from all walks of life – be it a toymaker, bangle vendor, scientist or an engineer from ISRO, who sequentially appear in the film. The video ends with the display of Tata Motors’ New Forever range near a hoisted Indian flag, exemplifying the Company’s ability to deliver best in class products that cater to the local needs & tastes while evolving with time and being ever popular with customers. 

Adding to the above, ‘Atmanirbharta by Tata Motors’ highlights that reaching the goal of being self-reliant is not an individualistic responsibility, but a collective one that falls on the shoulders of the entire country. 

Commenting on the launch of this campaign, Mr. Vivek Srivatsa, Head Marketing, Tata Motors Passenger Vehicle Business Unit said, “Tata Motors has always been known as an automotive brand that is a flag bearer for products that caters to the Indian customer. Our cars are manufactured locally and provide world class Design, Safety and Driving pleasure to all. We are proud to be at the forefront of the conversation of being ‘Vocal for Local’. This campaign is our tribute to all the people and the homegrown businesses in India who make our country what it is. I am glad that both Tata Motors and WATConsult took this opportunity to emphasise on this message, and thereby in our own small way, we want to encourage the nation to understand a few aspects of being ‘Atmanirbhar’. Through the ‘Atmanirbharta by Tata Motors’ campaign, we want to steer relevant conversation around the subject by sharing our perspective, while encouraging our customers and the country to work towards this overarching goal.”

Talking about the campaign, Ms. Heeru Dingra, CEO, WATConsult added, “We are happy to have extended our relations with Tata Motors to curate a concept on a topic that is so relevant in today’s time. The idea was to promote and appreciate the concept of ‘Atmanirbharta’, which is becoming a necessary trait and a motto for our nation. While the animation makes the video more endearing, the narrative seamlessly portrays the potential that India drives, in terms of talent, power and various other aspects, in today’s age. With this video we are confident that we will be able to help each one of us understand the importance of being self-dependent along with respecting all the workers from different strata of life who are in their own way making our nation self-reliant.”

This campaign’s concept takes an adaptive approach by using an animated video for the film as a substitution for a live action version, keeping into consideration the ongoing need for physical distancing. Initially launched in our national language - Hindi, this video will also be translated in English and multiple other regional languages to create a nationwide resonance. 

Click here to watch the full video - Atmanirbharta by Tata Motors

Experience Driving Pleasure of the New Tata Nexon EV with Just a Monthly Subscription

 Key Highlights:

* Tata Nexon EV available at an all-inclusive fixed rental starting at only Rs. 41,900/- per month

* Select the tenure of your choice from 18, 24 or 36 months

* Available in 5 key cities during the inaugural launch – Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru

* Comprehensive insurance cover, instant roadside assistance and a hassle free end-to-end maintenance- all included

* End-to-end digital engagement to eliminate any common and shared touch points

Tata Motors, India’s leading automobile manufacturer, today announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make EVs more accessible to a rapidly growing base of future conscious citizens, Tata Motors is making available its flagship EV, the Tata Nexon at an all-inclusive fixed rental starting at just Rs. 41,900/- per month. Discerning customers can select the tenure of their subscription from a minimum period of 18 months to 24 and 36 months. Through a collaboration with Orix Auto Infrastructure Services Limited, amongst India's top leasing companies, this service is being offered in 5 major cities - Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru, during the inaugural phase of the launch.

With no hassle of vehicle registration and road tax, the entire process of subscribing to the Tata Nexon EV has been made seamless via end-to-end digital engagement. Additional benefits include comprehensive insurance coverage, on call roadside assistance plus free maintenance with periodic servicing and doorstep delivery. Additionally, customers can have their own EV charger installed at their home or office, as convenient.

Announcing the launch of this unique EV subscription programme, Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors said, “EVs are the future, and as the leader of this fast growing segment, Tata Motors is committed to popularise their access and use in India. With this novel subscription model, we are making it more convenient for interested users of EVs to experience their myriad benefits. It is ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of shared economy.”

The subscription model is customised and perfectly suited for corporates who prefer to lease, individuals with frequent inter-city job transfers, and expatriates who stay for a fixed tenure, among others. Further, the partnering with Orix Auto provides a comprehensive value proposition, inviting customers to easily experience the magic of EV. Post the tenure of their subscription, customers can either choose to extend it or just return the vehicle.

To know more about the Tata Motors EV Subscription Program, please visit https://evsubscription.tatamotors.com

US-listed Indian cos on a losing spree

Indian companies listed on the American bourses lost nearly six billion dollars in just one week, with the market value of HDFC Bank eroding as much as 1.38 billion dollars, amid worsening financial turmoil and scour corporate news battering world markets.

The 16 Indian firms in the New York Stock Exchange and Nasdaq collectively lost 5.74 billion dollar in their market capitalisation for the week ended November 21, even as two companies gained valuation.

In recent weeks, the American markets went into a tailspin primarily due to heightened concerns of a protracted economic slowdown and declining consumer spending in the world's largest economy.

Among the 16 Indian stocks listed as American Depository Receipts, apart from HDFC Bank, another private sector lender ICICI Bank too lost more than one billion dollars of valuation.
While the market value of HDFC Bank tumbled 1.37 billion dollars, that of ICICI Bank dropped 1.12 billion dollars.

However, pharma major Dr Reddy's Laboratories and outsourcing firm Genpact added to their market capitalisation. Dr Reddy's Laboratories witnessed a rise of 37 million dollar in valuation, whereas Genpact's value increased by 4.3 million dollars.

IT bellwether Infosys' market valuation eroded by one billion dollars, while that of IT major Wipro decreased by 863 million dollars. In addition, Satyam Computer Services saw a value erosion of 457 million dollars.

Further, leading auto maker Tata Motors lost 77 million dollars and telecom entity Tata Communications saw a decline in value to the tune of 677.17 million dollars.

Other entities whose market capitalisation declined are internet firms -- Sify Technologies and Rediff.com, outsourcing entities -- WNS and EXLService Holdings, leading copper producer Sterlite Industries, telecom company Mahanagar Telephone Nigam Ltd and IT firm Patni Computer Systems.

On Friday, the major American indices -- Dow Jones Industrial Average, S&P 500 and Nasdaq Composite -- snapped its four-day losing streak to close in the positive territory.

Dow jumped 494 points to end the day at 8,046.42 points, while S&P 500 rose over six per cent to 800 points. Nasdaq Composite jumped more than five per cent to close at 1,384.35 points.
The surge in stocks was mainly due to media reports that President-elect Barack Obama would appoint Timothy Geithner as the new Treasury Secretary. Geithner is presently the President of the Federal Reserve Bank of New York.

Source: PTI