In the biggest single day delivery in India, Tata Motors delivered 712 EVs (564 Nexon EVs and 148 Tigor EVs) to individual customers in Maharashtra and Goa.
Tata Motors, which is the market leader in EVs in India with a market share of 87% and over 21500 Tata EVs on road till date, made these deliveries last weekend.
According to Vivek Srivatsa, Head, Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd. "Today’s occasion of delivering 712 EVs in a single day to customers across Maharashtra and Goa (a milestone achieved by a 4 wheeler manufacturer in India) is a feat we are ecstatic about. It not only proves the successful inroads that Tata Motors’ EVs have made in the personal mobility space but also stands as a testament to the value and confidence customers are seeing in them."
Tata Motors' EVs fleet include the national bestseller, the Nexon EV, and the Tigor EV
Furthermore, in an effort to make EVs even more accessible to all, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata Auto Components, Tata Motors Finance and Croma, to ensure faster adoption of EVs in India through its EV ecosystem called the "Tata uniEVerse".
3 EVS this month
Meanwhile, Tata Motors is also likely to unveil three EVs this month, starting with one tomorrow (April 6). It is also unveiling two other EVs on April 20 and April 28, according to a report in the Times of India.
And there is considerable speculation on what could these vehicles possibly be. The names 'Tata CURVV' and 'Tata SLIQ' are being bandied about by the automobile media.
But without getting into a guessing game, it is clear that Tata Motors wants to maintain its early dominance of the EV market in India.
Tata Motors, which recently announced its new standalone EV subsidiary TPEML (Tata Passenger Electric Mobility Limited) with plans to launch 10 new electric vehicles (EVs) by 2026, is said to be pumping in Rs 15,000 crore over the next four years to build 3 dedicated platforms to roll out those vehicles.
The three platforms will comprise a conventional ICE (Internal Combustion Engine) platform, a bespoke EV platform and a skateboard platform. The platforms are being unveiled in three distinct phases, but work on them has begun parallelly. The first platform is already in use, as it happens.
The company has raised $1 billion in funding from private equity major TPG in its EV division, valuing the business at $9.1 billion.
But the Tatas will have their task cut out, as more affordable products from carmakers like Hyundai, MG Motor and Mahindra will make things interesting in the market.
