View on Tata Motors EV Update: Strong Quarter, Ambitious Targets Ahead from Saji John, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/241dc1a50bb8404296cad499c731c809.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the view on Tata Motors EV Update: Strong Quarter, Ambitious Targets Ahead from Saji John, Research Analyst at Geojit Financial Services
"On the EV side, Tata Motors ended the quarter with a total of 19,000 units, putting it on course for a full-year volume of 100,000 units, supported by current order book & new launches lined up. Moreover, Tata’s market dominance remains at 76% despite significant competitive intervention during the quarter. The company intends to quadruple its E-Bus segment revenue this year as part of its 3300 electric bus supply by 2025. We also believe that the margin will improve in the future as a result of a drop in cell prices and increased localization under the PLI scheme."
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/telangana22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/india22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manish Chowdhury.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Suman Bannerjee.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/farm22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/karnal22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)