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
Shareshare-icon

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

Follow Us:follow-image
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


Hero MotoCorp Completes 34.1% Stake Acquisition in Euler Motors

Hero MotoCorp Completes 34.1% Stake Acquisition in Euler Motors

Hero MotoCorp completes 34.1% stake acquisition in Euler Motors with Rs 510 crore investment, entering the electric commercial vehicle market....

13-May-25 09:28 AM

Read Full News
Bajaj Auto Secured Top Position in India’s Electric Three-Wheeler Market

Bajaj Auto Secured Top Position in India’s Electric Three-Wheeler Market

According to the Vahan portal, Bajaj sold 5,506 electric three-wheelers, grabbing a 36% share of the L5 category. ...

12-May-25 11:19 AM

Read Full News
Urban Glide Launched to Operate Public Buses Under New Govt Model

Urban Glide Launched to Operate Public Buses Under New Govt Model

Under the GCC model, private companies like Urban Glide handle the day-to-day running of buses, while the government decides routes and ticket prices....

12-May-25 08:12 AM

Read Full News
CMV360 Weekly Wrap-Up | 04th May – 10th May 2025: Decline in Commercial Vehicle Sales, Surge in Electric Mobility, Strategic Shifts in Automotive Sector, and Market Developments in India

CMV360 Weekly Wrap-Up | 04th May – 10th May 2025: Decline in Commercial Vehicle Sales, Surge in Electric Mobility, Strategic Shifts in Automotive Sector, and Market Developments in India

April 2025 sees growth in India's commercial vehicle, electric mobility, and agricultural sectors, driven by key strategic expansions and demand....

10-May-25 10:36 AM

Read Full News
Tata Motors Finance Merges with Tata Capital to Streamline Business

Tata Motors Finance Merges with Tata Capital to Streamline Business

Tata Capital manages assets worth Rs 1.6 lakh crore. By merging with TMFL, it will grow its business in financing commercial vehicles and passenger vehicles....

09-May-25 11:57 AM

Read Full News
Marposs India Teams Up with Omega Seiki Mobility for Electric Logistics

Marposs India Teams Up with Omega Seiki Mobility for Electric Logistics

This move shows Marposs’ focus on new ideas and eco-friendly practices, matching OSM’s goal of promoting clean transport....

09-May-25 09:30 AM

Read Full News

Ad

Ad

web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.