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


Jupiter Electric Mobility Opens Showroom in Hyderabad, Launches JEM TEZ eLCV

Jupiter Electric Mobility Opens Showroom in Hyderabad, Launches JEM TEZ eLCV

Jupiter Electric Mobility launches its first Hyderabad showroom with JEM TEZ eLCV. Featuring a 1.05-ton payload and a 300 km range, it supports urban logistics with low c...

25-Aug-25 07:05 AM

Read Full News
Tata Motors and DIMO Launch 10 New Commercial Vehicles in Sri Lanka, Celebrate 65 Years of Partnership

Tata Motors and DIMO Launch 10 New Commercial Vehicles in Sri Lanka, Celebrate 65 Years of Partnership

Tata Motors and DIMO launch 10 new trucks and buses in Sri Lanka, celebrating 65 years of partnership with advanced mobility solutions, strong service support, and global...

25-Aug-25 05:17 AM

Read Full News
CMV360 Weekly Wrap-Up | 18th–23rd August 2025: Next-Gen GST Reforms, PM E-Drive Scheme Updates, EV Launches, Tractor Investments, Rising Wheat Prices, and Natural Farming Mission

CMV360 Weekly Wrap-Up | 18th–23rd August 2025: Next-Gen GST Reforms, PM E-Drive Scheme Updates, EV Launches, Tractor Investments, Rising Wheat Prices, and Natural Farming Mission

India’s EV and commercial vehicle market grows with new launches, incentives, and dealership expansions, while rising wheat prices, tractor investments, and the Natural F...

24-Aug-25 07:27 AM

Read Full News
PPS Trucking Expands BharatBenz Service Network in Uttar Pradesh

PPS Trucking Expands BharatBenz Service Network in Uttar Pradesh

PPS Trucking inaugurates 3 new BharatBenz service and spares outlets in Ayodhya and Gorakhpur, ensuring 24x7 support, faster repairs, and genuine parts accessibility for ...

22-Aug-25 12:19 PM

Read Full News
Zuperia Auto Unveils Youdha EPOD to Expand E3W Portfolio

Zuperia Auto Unveils Youdha EPOD to Expand E3W Portfolio

Zuperia Auto launches Youdha EPOD, a new electric three-wheeler, expanding its passenger, cargo, and municipal portfolio, aiming to lead India’s growing EV market with ma...

22-Aug-25 11:40 AM

Read Full News
Ashok Leyland Aims 80% LCV Coverage, Leads Swachh Bharat with 85% Share

Ashok Leyland Aims 80% LCV Coverage, Leads Swachh Bharat with 85% Share

Ashok Leyland leads LCV market with 85% share in Swachh Bharat. Dost LCV boosts demand, targeting 80% coverage and growth across urban and rural areas in India....

22-Aug-25 09:33 AM

Read Full News

Ad

Ad