The four-wheel drive mechanism allows power to flow into all four wheels of a vehicle enabling it to surpass tough off-road conditions.
The bookings for the Tiago.ev will start on October 10, 2022. Customers can reserve their car by paying a booking amount of Rs 21000 at any authorised Tata Motors dealership or on the website.
The company, which on Monday strengthened its pickup line with the launches of Yodha 2.0, Intra V20 bi-fuel and Intra V50 models, is also looking to transition to electric mobility.
Tata Motors is looking at expanding their EV portfolio and will be launching the Tiago EV soon
Tata is launching electric Tiago more than four years after showcasing it at the Auto Expo 2018.
The company had logged best-ever domestic wholesales of 5.50 lakh units in 2018 and over the last couple of months it is dispatching around 49,000 units to dealers across India.
The CNG models are powered by the proven 5.7-litre SGI engine generating peak power of 180hp and torque of 650Nm, and offer a range of up to 1,000 km.
The company will supply, operate and maintain 12-metre electric buses for 12 years, as per the contract.
With the NRG XT variant, Tata Motors has carried forward these design elements that include body cladding, an infinity black roof with roof rails, and an enhanced ground clearance of 181mm.
Tata Elxsi brings new age solutions for driverless cars, connected vehicles and more: Tata Elxsi CMO Nitin Pai
He said Amazon Web Services has enabled Tata Elxsi to bring all compute-intensive development and R&D projects to a cloud infrastructure.
JLR posted revenue of 4.4 billion pound in the first quarter, down 7.6% from the fourth quarter of FY22, impacted by supply challenges including semiconductor shortages.
On a standalone basis, Tata Motors reported a net loss of Rs 181 crore, putting up a better performance from a net loss of Rs 1,321 crore in the year-ago period.
The chairman noted that demand for the company’s vehicles across segments remained robust despite various external challenges.
The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant.
After pictures and videos of the vehicle bursting into flames were shared widely on the internet, Tata Motors said that it is conducting a detailed investigation into the matter.
In the electric two-wheeler segment, there have been many incidents of vehicles catching fire in the recent past.
Amid increasing competition from Tata Motors, South Korea carmaker Hyundai is undeterred by the threat to its position as the second-biggest carmaker in India.
For the full fiscal 2022, Tata Motors’ net loss stood at Rs 11,441 crore, primarily due to low sales of its British subsidiary Jaguar Land Rover (JLR) vehicles.
The company's domestic sales surged to 74,755 units in May 2022 from 24,552 vehicles sold in the same months in 2021, posting a year-on-year increase of 204 per cent.
This MOU will be followed by signing of the definitive transaction agreements between TPEML and FIPL over the next few weeks.