Monday, September 26, 2022

Tata Motors will continue to invest 2,000 crores in CV annually

Major automobile company, Tata Motors plans to continue investments in the scope R2,000 crore in commercial vehicle business per annum going forward. Tata Motors is focused on leading the launch of its new products. On Monday, the company set new standards in India’s fast-growing pickup segment with the launch of the Yodha 2.0, Intra V20 bi-fuel and Intra V50. The launch of these new pickup trucks underscores Tata Motors’ commitment to always empowering and equipping customers with the best-in-class vehicles.

“At the level of the company’s commercial vehicle business, we have been investing everywhere,” Tata Motors CEO Girish Wag told reporters on Monday. RRs 2,000 crore per annum which includes our investments in internal combustion engines, alternative fuels as well as electric vehicles. We will continue to invest at the same rate to ensure we continue to come up with new vehicles,” PTI reported.

Furthermore, Wag said the company is working to increase its range of alternative fuel vehicles. “Today we showed a one-ton CNG vehicle… A few months ago we launched a medium and heavy commercial vehicle powered by CNG with a range of 1,000 km… So we are ready to tackle this transition towards electricity through alternative fuels,” he told reporters.

The CEO also revealed that Tata Motors expects CNG models to account for about 40% in the medium and light commercial vehicle segment, while it expects 20% in small commercial vehicles going forward.

In a statement today, Tata Motors highlighted the Yodha 2.0, Intra V20 bi-fuel and Intra V50. Designed and engineered to meet a wide range of urban and rural applications, said the new Yodha 2.0, Intra V20 bi-fuel and Intra V50 are ideal to serve the diverse mobility needs of fast-growing farming, poultry and dairy as well as expanding delivery requirements for the consumer goods, e-commerce and logistics sectors.

She added, “Each of these pickups offers the lowest total cost of ownership in its class to enable our customers to maximize profits. Tata Motors celebrated the launch of the best pickup trucks in India by delivering 750 of them to customers across the country.”

At the launch of the new pickups, Wag said: “Every aspect of this pickup has been meticulously engineered to efficiently serve a variety of uses across urban, semi-urban and rural areas. It comes with a bold new design and offers the highest payload capacity for heavier cargo; greater length The deck to carry hefty loads; the highest capacity-to-weight ratio, the longest haul range; and state-of-the-art safety and comfort features for a stress-free ride.”

He added, “With all-terrain access to the most remote locations and the support of India’s largest dealer and service network, the comprehensive value proposition of our comprehensive range of pickups is unrivaled. The introduction of these new pickup trucks underscores our commitment to always empowering customers and providing them with the best vehicles.” in its category for further progress and success.”

Yodha 2.0 offers the highest rated payload capacity of 2000kg with best-in-class off-road capability. The new Yodha 2.0 can handle the toughest terrain with ease, ensuring smooth and faster cargo movement in remote parts of the country. The Yodha 2.0 also features an updated design with a rugged look, the signature Tata “Trust Bar”, and a sleek front grille among other functional upgrades.

Also, Yodha is available in rated payload options of 1200, 1500 and 1700 kg, comes with 4×4 and 4×2 configurations, and is available in single cab and crew cab options that enable customers to choose their ideal model and type of cab for them. use.

Meanwhile, the new Intra V50 offers a high payload capacity of 1500kg and the largest deck length. It sets new models in the segment with its high payload capacity, the latest cabin comfort, the longest payload deck and high ground clearance for worry-free all-terrain operations in urban and semi-urban areas.

Whereas, the Intra V20 is India’s first dual-fuel pickup truck with a payload of 1,000 kg and a longest range of 700 km. The V20 is the country’s first commercial bi-fuel (CNG + Gasoline) vehicle with a payload of 1,000 kg, and combines the power of the proven Intra V20 capabilities with the low operational cost of CNG to deliver even greater value.

At the Tata Ace EV, Wagh said they have started production and deliveries are expected to begin next month.

Tata Motors is the country’s leader in the commercial vehicle segment.

On the Bahrain Stock Exchange, Tata Motors shares closed at R397.65 each, down 6%. The market value of the company exists R1,32,066.53 crore Rs.

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from San Jose News Bulletin https://sjnewsbulletin.com/tata-motors-will-continue-to-invest-2000-crores-in-cv-annually/

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