Tata Uni'Ev'erse
📌 Tata power - Creating an EV charging stations
📌 Tata chemicals - Lithium Ion production
📌 Tata Auto components - Assembling battery packs.
These localisation efforts have meant that Tata EVs meet the criteria for availing Production Linked Incentives (PLI) too.
📌 Now Tata motors announced to set up a massive Rs 13000 crores battery plant.
📌 In an overall view Tata motors look like a clear and easy winner in EV race right?
📌 But if we look into the competitors like Mahindra who has started to launch EVs now and they already have a huge fan base for their SUVs. So they can easily launch the same model in EV as well.
📌 Maruti is clear on its stand that until or unless it could sell at least 10,000 cars a month they will not foray into it. Think if it is entering into EV.
📌 So as of now Tata motors having the first mover advantage. Let's wait and see what will happen in future as it is a very nascent stage to speak to.
#tatamotors #electricalvehicles #mahindraandmahindra #maruti #firstmover
For further information read this and follow Finshots for more
Comments
Post a Comment