Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh
Tata Motors on Wednesday unveiled Tigor EV, its second electric model in the personal mobility space after Nexon EV. The auto major has tasted success with Nexon EV, which currently commands about 70 per cent market share in the domestic electric vehicle segment. The Tigor EV comes powered by the company's high voltage electric architecture - Ziptron - and has been developed based on three pillars of technology, comfort and safety.
This is the first time that a car brand will be selling its merchandise on the website.
Tata Motors is upbeat over the launch of new Tata Sumo Gold. The Mumbai-based multinational auto major further expects that the new model would boost sales -- and is expecting to sell 18,000 units of it by the end of the current financial year.
The net proceeds of the fund raising will be used to repurchase certain equity shares issued to Tata Motors and for general corporate purpose.
The new engine features the Westport WP580 Engine Management System and is designed to support various configurations.
Tata Motors is giving a much stronger focus on the design of its cars, from planning product life cycle in a better way to incorporating subtle Indian elements to its future models.