Tata Motors today rolled out the first batch of the Tigor Electric Vehicle (EV) at the hands of N Chandrasekaran, Chairman, Tata Sons and Tata Motors, from its Sanand facility in Gujarat. Present on this momentous occasion were Ratan N Tata, Chairman Emeritus, Tata Group, Guenter Butschek, CEO & MD, Tata Motors and members of the Tata Motors Executive Committee. The Tigor EVs are being manufactured for the Indian Government’s prestigious order of electric vehicles from the Energy Efficiency Services Ltd (EESL), an entity under the Ministry of Power.
Flagging off the batch of electric vehicles, Mr. N Chandrasekaran, Chairman, Tata group said, “This occasion is a significant milestone for Tata Motors and a proud moment for the entire team. As we work together to build the future of e-mobility in India, I am confident that our customers will respond very favourably to this electric model. I congratulate the entire Tata Motors team for this commendable achievement and wish them the very best as they go forward on this journey.”
According to Mr.Guenter Butschek, CEO & MD, Tata Motors, “It is indeed a momentous occasion for us as we have shown an exemplary teamwork spirit to overcome all challenges in delivering this project. I also recognize the invaluable contribution made by Electra EV as part of this team. With Tigor EV, we have begun our journey in boosting e-mobility and offering a full range of electric vehicles to the Indian customers. This tender has effectively paved way for connecting our aspirations in the e-mobility space with the vision of the Government.”
Tata Motors had qualified as L1 bidder in the midst of stiff competition and won the tender of 10,000 electric cars floated by EESL in September 2017. For phase 1, Tata Motors is required to deliver 250 Tigor EVs, for which it has received a LoA. For an additional 100 cars, the LoA is expected to be issued shortly by EESL. The electric drive systems for this prestigious order have been developed and supplied by Electra EV – a company established to develop and supply electric drive systems for the automotive sector.
Tata Motors is committed to the Government’s vision for electric vehicles by 2030 and will work in a collaborative manner to facilitate faster adoption of electric vehicles and to build a sustainable future for India.
November 2017 turned out to be positive for the automakers in India. The industry as a whole grew by 13.70% when compared to the last November. This growth can also be attributed to the lower base set by the last November which was affected by demonetization.
As usual first two positions were held by Maruti and Hyundai respectively. Fight for third position became more interesting with Mahindra, Honda, & Tata, giving tough competition to each other. Tata is riding upon the the success of Tiago and new product launches like Nexon. Mahindra is getting sustainable numbers from its old workhorses Bolero and Scorpio, and also from the XUV 500. Honda is depending on City and WRV for the sales momentum. With each company planning for new launches which include completely new products or facelift of the existing products the fight for third position is going to further heat up.
All companies except Renault and Volkswagen grew positively. Renault’s sales declined by 18.80% and Volkswagen’s sales declined by 14.60%. With the launch of compact SUVs from all the companies, Renault Duster lost its leadership position in its segment. Renault sales plummeted despite the launch of Renault Captur, have to wait for the detailed sales statistics to know the numbers brought in by the Captur to Renault’s table. Tata’s Tiago due to its unique positioning is competing with Celerio on one side and Renault Kwid on the other side, thus eating into sales of both Celerio and Kwid. Though not good by any margin, Volkswagen is getting consistent numbers from its trio Polo, Vento, and Ameo. Its new launches aren’t helping much. Volkswagen must develop products with India in mind instead of launching its international products here.
Fiat is riding on the success of Jeep Compass. Jeep Compass sales settled at around 2500 units per month which is good for its segment and price bracket. Skoda India’s main bread winners are Rapid and Octavia. Nissan sales numbers also constitute Datsun’s numbers. Major chunk of Nissan India sales comes from Datsun.
Fiat is the top gainer of the month, it grew by 990.00% from 266 units in November 2016 to 2900 units in this November. This phenomenal increase is due to Jeep Compass. Next top gainers are Skoda and Honda with growth of 75.00% and 47.20% respectively. Standing 4th in the top gainer list is Tata, it grew by 34.70% from 12,736 units in last November to 17,157 units in this November. This growth can be attributed to the consistent sales of Tata Tiago and added numbers from the newly launched Tata Nexon. Next in the top gainers list comes Mahindra, it grew by 17.00% to 14,572 units in this November compared to 12,389 units in the November 2016. None can beat Maruti Suzuki and Hyundai when comes to stable growth in sales. Maruti Suzuki grew by 14.00% and Hyundai grew by 10.00%.