TATA Motors bets big to launch 10 New Electric Vehicle’s in the Indian market by 2025
Tata Motors is an automobile unit in India. It manufactures passenger cars, trucks, buses, sports cars, and military vehicles, founded in 1945. Tata Motors plans to launch 10 new battery electric vehicle motors by 2025. A big announcement has been made by Tata Motors that battery electric vehicles will be launched by 2025, Said TATA Motor’S Chairman N Chandrasekaran during his address to the shareholders in the 76th Annual Report on 2020-21. Tata Motors has announced that they are going to bring battery electric vehicles by 2025 and will be the first in all those regions of India to install charging points for electric cars. The company is doing this so that after making an electric car, there is no problem of charging and people can buy this car faster in the market. Tata Motors has said that India is actively engaged in partnering with its European countries to meet the supply of batteries. And the company added that the penetration of electric vehicles has increased by 2 percent this year. Tata Motors has sold 4000 units of Tata Nexon electric vehicles in the Fiscal year 2021. In the coming days, the company’s chairman expects that the demand for electric vehicles will increase. The company’s chairman of Tata Motors has said that the time has come to increase green mobility and reduce carbon emissions so that the amount of pollution can be reduced. Now the company has taken a step in this direction.
He said that to stop the continuous change in the environment, now we have to switch in the direction of the battery-electric vehicle to bring about environmental sustainability and within the coming few years so that the company will have to change its earlier politics to make a profit from megatrends.
TATA Motor’S Chairman N Chandrasekaran said Jaguar and Land Rover is targeting 100% zero tailpipe emission for its portfolio by 2036. He has said that our companies are present in 150 countries, we are employing 750,000 people and our brand is touching with 650 million people’s families across the globe. The company’s chairman said we are moving forward to achieve our target in this direction. As of July 2021, this company has a market capitalization of $15.60 Billion it makes the Tata motor world’s 1142nd most valuable company by data from the market capital.
