Key Points
Tata Motors, India's third-largest passenger vehicle maker, expects next year - both calendar and fiscal - to be the best on record in terms of sales volume for the company's passenger vehicles business, driven by the new models it plans to launch with electrical and conventional powertrains...
The Curvv will be the automaker's first new brand in three years, as the Tata Group automotive flagship seeks to cement its position in the world's third largest market...
"We expect next year to be much more promising as we completely revamp our portfolio with addition of two to three new models which will include facelifts and a new nameplate in the ICE (internal combustion engine) and EV segments," Shailesh Chandra, managing director at Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, told ET..
Unlike rivals which introduced new models in last two years that drove sales, Tata Motors relied on introduction of new powertrains like CNG and electric, and special edition models..
The new Nexon and Nexon.ev, launched recently have got combined bookings in excess of 100,000 units - 85,000 for the fossil fuel version and rest for the electrified one, said Chandra..
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