TATA PASSENGER ELECTRIC MOBILITY

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• Non-metros keep up with, at times overtake, big city EV demand

  Tata Motors, which accounts for more than 80% of sales in the electric four-wheeler segment, had about a fourth of its Tiago EVs going to first-time buyers in states such as Bihar, Madhya Pradesh, Uttar Pradesh and Andhra Pradesh.

  

• Tata Motors steps up EV play, plans exclusive outlets

  The EV subsidiary of the Tata Group automotive flagship, Tata Passenger Electric Mobility (TPEM), will firm up the EV channel strategy - including design, location and the number of outlets - within the first quarter of FY24 and the showrooms will be up and running over the next six-12 months, multiple people aware of the company's plans told ET.

  

• EV industry can end the financial year with more than 50,000 car sales, says Tata’s Shailesh Chandra

  "Since electric vehicles are a growing segment there is going to be an overall benefit to the incumbent from a volume growth perspective when more competition comes. So competition is a welcome step for us because it will allow us to grow our volumes faster. Market share may come down. It is not our obsession or whether my market share remains intact at 88 per cent or 90 per cent. "

  

• Tata Motors to launch its third electric vehicle Tiago later this month

  The Tiago EV would be the company's third product in the electric space, following Nexon and Tigor, both of which were announced on World EV Day. Nexon EV and Tigor EV currently serve the personal market, while Xpres T serves the fleet market.