MG's Windsor sales in top gear, Tata Motors' EV monopoly under threat

Quick Summary:

We see this more as an excitement and market activation tactic,” said P B Balaji, group chief financial officer, Tata Motors.

In terms of wholesale numbers, Windsor clocked 3,116 units in October, 30 per cent of the entire industry.

Like Tata Motors already came out with its product, our Windsor is in, and several others are lining up in the next five months.

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Category: BusinessFinance

Markets: India

Topics: Tata Passenger Electric Mobility JSW MG Motor Electric mobility P B Balaji EV market Battery-as-a-Service Curvv EV Tata Motors Passenger Vehicles Tata Motors Shailesh Chandra Satinder Singh Bajwa OEMs Market share FAME subsidy Electric vehicles CNG MG Windsor Nexon EV Fleet sales BaaS Federation of Automobile Dealers Associations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 23:17:11 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 863 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23574263

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