Moneycontrol PRO
Black Friday Sale
Black Friday Sale
HomeNewsBusinessTata Motors unveils Tata.ev, its new home for passenger electric vehicles

Tata Motors unveils Tata.ev, its new home for passenger electric vehicles

As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement.

August 29, 2023 / 13:23 IST
The Tiago EV is one of the most popular EV offerings in India

Tata Passenger Electric Mobility on Tuesday unveiled a new brand identity, christened TATA.ev, as it gears up to introduce ten new battery electric vehicles by 2026.

As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement.

Also Read: Tata Motors committed to migrate facilities to zero greenhouse gas emissions by 2045

New era

Commenting on the new brand identity, Mr. Vivek Srivatsa, Head, Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd. said, “We are entering a new era with TATA.ev. Our new brand identity for electric vehicles underlines our commitment to accelerate the adoption of clean energy mobility solutions. We intend to drive positive change in the automotive industry with the focus on sustainability, community, and technology.

"Both the products and services are intended to create highly differentiated and meaningful consumer experiences. The brand personality is humane, honest, invigorating, and conversational – a rallying point for those curious about having a better impact on the world.”

The new ‘sub-brand’ will encompass a new design language and communication on the products itself, and also across different touchpoints moving forward.

Also Read: CCI junks abuse of dominance plea against Tata Motors, Tata Capital and Tata Motor Finance

With a dominating market share of over 70 per cent in the four-wheeler EV segment, the automaker intends to drive a positive change in the automotive industry with the focus on sustainability, community, and technology, he added.

Tata Passenger Electric Mobility Ltd, a subsidiary of Tata Motors with TPG Rise Climate as an investor, aims to invest $2 billion by 2026 to launch ten new electric vehicles, build a dedicated BEV architecture, support local manufacture of key components and development of advanced automotive and battery technologies.

It also intends to catalyse the creation of a widespread charging infrastructure as well as growth of other infrastructure to facilitate rapid EV adoption in India. Tata Motors expects electric vehicles to account for half of its passenger vehicle sales by 2030. The automaker aims to sell around 1 lakh EVs this year.

The company's current EV portfolio comprises the Nexon EV range, Tiago EV, Tigor EV and the XPRES-T EV.

(With inputs from PTI)
Moneycontrol News
first published: Aug 29, 2023 11:57 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347