Tata Motors Ltd.: History, Feature, Electric Vehicle & Share/Stock Price

Written by Rayden Sam Posted on 2024-01-21

Leading worldwide automaker Tata Motors Limited produces automobiles, utility vehicles, buses, trucks, and defense vehicles.

History of Tata Motors: When Tata Motors was first established, it made locomotives its primary product. After collaborating with Daimler-Benz AG for 9 years, the company produced its first commercial car in 1954; the two companies’ association ended in 1969.

With the introduction of the Tata Mobile model in 1988 and the Tata Sierra model in 1991, Tata Motors began producing passenger cars, becoming the first Indian automaker to produce an entirely domestic vehicle.

Who has how much in Tata Motors?

The significant investment holding firm and promoter of Tata Companies is Tata Sons, the owner of the Tata name. Charitable trusts hold 66 percent of the shares of Tata Sons, followed by the Mistry family with 18 percent, Tata Companies with 13 percent, and private people with 3 percent. Ratan Tata and former Chairman Cyrus Mistry are members of the board of directors.

Electric Vehicle by Tata

Tata Motors has had great success in the EV market with the Nexon and Tigor. The Nexon and Tigor EVs are both enjoyable to drive and are leaders in their respective markets. In FY22, Tata Motors offered 19,106 electric Nexon and Tigor vehicles (EVs).

The Tata Tigor EV, which debuted last year and costs between 12.24 and 12.39 lakh, is the safest electric vehicle in India (ex-showroom). The rating from Global CAP was four stars. The electric vehicle can go 306 kilometers on a single charge, according to ARAl.

The Nexon EV remains the most well-liked electric vehicle in India. Since the Nexon EV’s launch two years ago, 13,500 units have been sold in India, according to current data from Tata Motors. The 30.2 kWh Nexon EV battery can go 312 kilometers before another charge is required. Costs range from 14.79 to 19.24 lakh.

Best Selling Cars by Tata Motors

The price of a Tata automobile starts at Rs 5.39 Lakh for the cheapest model, the Tiago, and starts at Rs 18.34 Lakh for the most expensive model, the Nexon EV Max. There are 11 different vehicle models offered by Tata in India, including 2 SUVs, 3 Hatchbacks, 4 Compact SUVs, and 2 Compact Sedans. The Nexon CNG, Altroz EV, Tiago EV, Curvv EV Concept, and Avinya are India’s five upcoming Tata vehicles.

The Tata Group is one of India’s largest corporations and one of the founding members of the country’s automobile sector. Jamshedpur, Jharkhand, Pune, Uttar Pradesh’s Lucknow, Uttarakhand’s Pantnagar, Karnataka’s Dharwad, and Sanand make up the company’s production base in India (Gujarat).