Tesla has signed a deal with Tata Electronics to get semiconductor chips for their global operations the deal was officially signed a few months ago. This is a big step for Tesla as it shows their eagerness to enter the Indian automotive market, which is said to be the fastest-expanding market in the world. The agreement will position Tata Electronics[Read More…]
Tata Passenger Electric Mobility Ltd. (TPEM) and Shell India Markets Private Limited (SIMPL) have joined forces to advance India’s electric vehicle (EV) ecosystem. This collaboration, marked by a non-binding Memorandum of Understanding, aims to establish public charging stations across India by leveraging Shell’s extensive fuel station network and TPEM’s expertise gleaned from over 1.4 lakh Tata EVs on Indian roads.[Read More…]
Introduction: The BMW Group and Tata Technologies, a global leader in product engineering and digital services, have recently announced a groundbreaking collaboration. This partnership aims to establish a joint venture (JV) focused on creating a software and IT development hub across key locations in India: Pune, Bangalore, and Chennai. The JV represents a strategic move by both companies to[Read More…]
Rajeev Chandrasekhar confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. India is set to welcome two complete semiconductor fabrication plants, accompanied by significant investments, as confirmed by Minister of Electronics and IT, Rajeev Chandrasekhar. The projects include an $8 billion proposal from Tower Semiconductors, based in Israel,[Read More…]
Tata Motors has announced a significant price reduction for its Nexon and Tiago EV models, with savings of up to ₹1,20,000. This drop is primarily attributed to a slight decline in battery cell prices used in manufacturing. While the prices of the recently launched Punch EV remain unchanged, the Tata Tiago EV will now start at ₹7.99 lakh in India.[Read More…]
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have today signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility including (i) Land & Buildings (ii) Vehicle Manufacturing Plant, Machinery and Equipment and (iii) transfer of all eligible employees of FIPL Sanand’s vehicle manufacturing[Read More…]
Press Release Tata Motors files a record number of 125 patents in FY22, Secures 56 grants in FY22, Continues to set the standard in the automotive industry Tata Motors Ltd (TML), India’s leading automobile company, today announced that it has accelerated its drive for engineering excellence and innovation by filing a record number of 125 patents in FY22, the highest[Read More…]
Press Release Tata Motors, has won a contract to supply 65 electric vehicles to the Kerala State Electricity Board (KSEB) as part of a tender agreement (60 Tigor EVs and five Nexon EVs). This order is part of a competitive pan-India tender launched by KSEB in support of the state’s 2030 vision to “Go Green/Carbon Neutral.” A handover ceremony was[Read More…]
Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake[Read More…]
Two-wheeler manufacturer TVS Motor Company join hands with Tata Power to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations. The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India. This will also give the customers of TVS iQube[Read More…]
