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Tata Motors & Indian Oil joins hands to start pilot project

Newsmantra — Thu, 06 Mar 2025 05:49:57 +0000

Tata Motors has launched the trials of Hydrogen Powered Heavy Duty trucks. 16 such trucks will run on several routes across the country for next 18 months. Tata says – necessary improvements will be done and then commercial production will start.

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Tata Motors Expands Presence in Kolkata with OSL Future

Newsmantra — Wed, 18 Sep 2024 06:57:19 +0000

Kolkata, 17th September, 2024: Tata Motors proudly announces the grand opening of its new exclusive dealership, OSL Future, in Kolkata. This premier facility, boasting 18,000 sq. ft. of showroom space and 54,000 sq. ft. of workshop area, represents a significant step in Tata Motors’ strategic expansion in the region.

The inauguration ceremony of New Tata passenger Vehicles Dealership at Raikva (Beliaghata Crossing), Kolkata was attended by: Mr. Amit Sinha, Zonal Manager, Tata Motors Passenger Vehicles Ltd.; Mr. Gumeet Pal Singh, Zonal Customer Care Manager, Tata Motors Passenger Vehicles Ltd.; Mr. Charchit Mishra, Dealer Principal, OSL Future Pvt Ltd. and many other eminent personalities.

Speaking to the media, Mr. Amit Sinha, Zonal Manager, Tata Motors Passenger Vehicles Ltd. said, “ We are thrilled to open the OSL Future dealership in Kolkata, a significant milestone in our expansion journey. This state-of-the-art facility not only underscores our commitment to providing exceptional service but also highlights our dedication to innovation in the automotive industry. With the introduction of the CURVV.EV and our focus on delivering unparalleled customer experiences, we are excited to set new benchmarks in excellence and customer satisfaction in this vibrant market.”

The highlight of the event was the unveiling of the CURVV.EV, Tata Motors’ latest innovation in electric vehicles. The CURVV.EV showcases the company’s dedication to advancing safety, performance, and cutting-edge technology.

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Tata Power Renewable Energy and Tata Motors sign a MoU to set up 200 fast-charging stations for electric commercial vehicles

Newsmantra — Fri, 13 Sep 2024 06:27:57 +0000

Bengaluru,September 12, 2024:Tata Power EV Charging Solutions Limited, one of India’s largest EV Charging solutions providers and a subsidiary of Tata Power Renewable Energy Limited (a subsidiary of Tata Power), today announced the signing of a Memorandum of Understanding (MoU) with Tata Motors Limited (Tata Motors), India’s largest commercial vehicle manufacturer, to set up 200 fast-charging stations for electric commercial vehicles (CV) in all metros cities viz. Mumbai, Delhi, Chennai, Bengaluru, Kolkata. This strategic move expands their ongoing collaboration, in providing sustainable mobility solutions, with a focus on easy charging solutions for small electric commercial vehicles.

As part of this initiative, Tata Motors and Tata Power will provide exclusive charging tariffs for Tata Motors’ electric CV owners, resulting in lower operating costs and increased profitability for its customers. Electric CV users across the Country, will soon benefit from access to almost 1000 strategically located fast chargers, with the planned expansion of the charging network.

Mr. Vinay Pathak, Vice President & Business Head – SCV&PU, Tata Motors, said,“We’re pleased to strengthen our partnership with Tata Power to transform the electric commercial vehicle landscape by ensuring ease of access of fast chargers at convenient locations across the country. It has been our endeavour to not only engineer and manufacture world-class electric vehicles, but also help develop the necessary ecosystem to democratize the use of these eco-friendly and emission-free vehicles. This partnership will also explore avenues to maximize the use of renewable energy to make electric vehicle operations greener.”

Mr. Deepesh Nanda, CEO & MD, Tata Power Renewable Energy Limited said,“With one of the largest EV Charging networks across the country, Tata Power has been enabling electric vehicle owners through its reliable and accessible charging solutions across the country. Already present across diverse segments such as public, semi-public, bus/fleet, and home chargers, we are expanding to the commercial vehicle charging segment, delivering integrated EV charging solutions. This collaboration underlines our commitment to accelerating e-mobility by providing an expansive and reliable EV Charging network across India.”

Tata Power has expanded its network under the brand name of EZ Charge to over 1,00,000 home chargers, 5,500+ public, semi-public, and fleet charging points, along with 1100+ bus charging stations across 530 cities and towns. These chargers have been strategically deployed at diverse and accessible locations such as highways, hotels, malls, hospitals, offices, residential complexes, etc. This concerted effort has been instrumental in facilitating the exponential growth of electric mobility in India.

Tata Motors offers the Ace EV, India’s most advanced electric small commercial vehicle, which is supported by over 150 Electric Vehicle Service Centres nationwide. The Ace EV features an advanced battery management system and ‘Fleet Edge’ telematics, utilizing smart technologies to improve vehicle uptime and road safety with real-time insights into vehicle status, health, location, and driver behaviour.

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SENSEX DOWN OVER 400 POINTS

Newsmantra — Tue, 03 Sep 2019 07:57:24 +0000

BSE Sensex dropped below the 37,000 level, plunging over 400 points, in early trade on Tuesday tracking heavy selling in financial and auto stocks amid weak domestic and global cues.

The 30-share index was trading 403.87 points, or 1.08 per cent, lower at 36,928.92 at 0930 hours, while the broader Nifty sank 124.85 points, or 1.13 per cent, to 10,898.40 in early trade.

In the previous session on Friday, the BSE barometer ended 263.86 points, or 0.71 per cent, higher at 37,332.79, while the Nifty rose 74.95 points, or 0.68 per cent, to close at 11,023.25.

Financial markets remained closed on Monday on account of ‘Ganesh Chaturthi‘.Top losers in the Sensex pack in early trade on Tuesday included Tata Motors, Tata Steel, ICICI Bank, ONGC, HDFC, M&M, NTPC, Vedanta, ITC and SBI, which fell up to 4 per cent.

On the other hand, IT stocks rallied as the rupee depreciated 65 paise against its earlier close to trade at 72.07 in early session. TechM, HCL Tech, TCS and Infosys jumped up to 2 per cent.

According to traders, market sentiment took a hit on account of weak macroeconomic data releases and double-digit decline in auto sales in August as the sector continued to reel under one of the worst slowdowns in its history.

Official data released after market hours on Friday showed that India’s GDP growth slipped to an over six-year low of 5 per cent in the June quarter of 2019-20, hit by a sharp deceleration in manufacturing output and subdued farm sector activity.

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