cmv_logo

Ad

Ad

Green fuel is a key growth strategy for Tata Motors


By Priya SinghUpdated On: 19-May-2023 11:23 AM
noOfViews3,210 Views

Follow Us:follow-image
Read In
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 19-May-2023 11:23 AM
Share via:

Follow Us:follow-image
Read In
noOfViews3,210 Views

Tata Motors also expects increased penetration of both CNG and EV offerings in the future. The firm is confident in its ability to achieve the above-stated goals through growth and cash flow generation.

Tata Motors also expects increased penetration of both CNG and EV offerings in the future. The firm is confident in its ability to achieve the above-stated goals through growth and cash flow generation.

TATApictureslarge.jpg

Tata Motors is making an investment in green fuel as it enters a new fiscal year. Tata Motors has pledged to launch ten new products by FY25, as well as increase its share of CNG and electric vehicles.

In a press conference following the release of the Q4 results, P B Balaji, Group Chief Financial Officer of Tata Motors, stated that the automaker is committed to continuing its investment in alternative fuels. He highlighted that Tata Motors is not experiencing chip supply issues in the local market.

Also Read: Isuzu chooses Honda as Partner to Develop fuel cell-powered heavy-duty hydrogen trucks

The hydrogen fuel-cell vehicle (FCV) prototype, which was displayed at the Auto Expo, is complete, and an order for the first batch has already been secured. The company also intends to continue collaboration with Cummins on hydrogen powertrains.

Tata Motors also expects increased penetration of both CNG and EV offerings in the future. The firm is confident in its ability to achieve the above-stated goals through growth and cash flow generation. Despite near-term concerns and mild inflation, Tata Motors remain positive about demand.

In fact, another factor supporting the automaker's confidence across segments is that its automotive debt is at a 15-year low and the company is keen on increasing its volume mix with plans to launch 10 different products by FY2025 as per the senior officials.

Tata Motors is sure that its margins will improve in the future, and that robust volumes combined with a product mix that leans heavily on the green factor would help boost their outlook. The aim of zero debt by FY2025 is projected to boost its valuation and improve free cash flow.

News


Switch Mobility Begins Delivery of EiV12 Electric Buses to Delhi Transport Department

Switch Mobility Begins Delivery of EiV12 Electric Buses to Delhi Transport Department

Switch Mobility delivers EiV12 electric buses to Delhi under the CESL tender. The 950-bus fleet will boost zero-emission public transport in the capital....

28-Aug-25 10:32 AM

Read Full News
Zingbus Launches Premium Electric Intercity Bus Service on Delhi–Dehradun Route

Zingbus Launches Premium Electric Intercity Bus Service on Delhi–Dehradun Route

Zingbus introduces premium electric intercity buses on Delhi–Dehradun route with plans to expand 70 e-buses nationwide, supporting clean, affordable, and sustainable long...

28-Aug-25 09:55 AM

Read Full News
Mahindra Expands Commercial Vehicle Network with New Dealership in Bengaluru

Mahindra Expands Commercial Vehicle Network with New Dealership in Bengaluru

Mahindra expands commercial vehicle network in Bengaluru with 3S dealership, iMAXX telematics, and strong after-sales support....

27-Aug-25 09:29 AM

Read Full News
Ashok Leyland Opens New LCV Dealership in Agra to Strengthen Regional Presence

Ashok Leyland Opens New LCV Dealership in Agra to Strengthen Regional Presence

Ashok Leyland opens a new LCV dealership in Agra, offering sales, service, and spare parts to strengthen Western Uttar Pradesh presence....

27-Aug-25 08:38 AM

Read Full News
Kinetic Green Partners with IIFL Samasta Finance to Expand EV Adoption in India

Kinetic Green Partners with IIFL Samasta Finance to Expand EV Adoption in India

Kinetic Green teams up with IIFL Samasta Finance to expand EV adoption in India. The partnership offers financing for two and three-wheelers, targeting semi-urban and rur...

27-Aug-25 06:28 AM

Read Full News
EKA Mobility Partners with Shriram Green Finance for Affordable EV Financing

EKA Mobility Partners with Shriram Green Finance for Affordable EV Financing

EKA Mobility partners with Shriram Green Finance to offer affordable loans for electric buses, trucks, LCVs, and three-wheelers, supporting India’s clean and sustainable ...

26-Aug-25 11:47 AM

Read Full News

Ad

Ad