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August 21, 2020
Tata Motors rolls out 1000th Nexon EV.
- Tata Motors reaffirms a leadership position in the electric car segment with a 62% market share in India.
Photos: Tata Nexon EV. Tata Motors rolls out its 1000th Nexon from the Ranjangaon facility. Images provided by Tata Motors.
Mumbai, August 18, 2020: Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. 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.
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 period, 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 to meet global standards. EVs are the future, and as the industry leader, we are working to make them desirable and a mainstream choice of the customers.”
Designed to offer thrilling, connected drive experience with zero emissions and attractive pricing, the Nexon EV has created a unique benchmark in its category.
To accelerate the adoption of EVs in India, Tata Motors also introduced a holistic e-mobility ecosystem “Tata uniEVerse” to jointly 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 secure financing options.
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 an 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 robust global network of 134 subsidiaries, associate companies and joint ventures, including Jaguar Land Rover in the UK, and Tata Daewoo in South Korea.
Source: TATA MOTORS
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:17 AM | Link to this Post
