TaMo to bid for 6K e-buses, but rules out any price war

TATA MOTORS WILL participate in the government’s upcoming tender for around 6,000 electric buses but will avoid aggressive bidding, opting instead for a cautious and financially disciplined approach, Managing Director and Chief Executive Officer Girish Wagh told FE.

- NITIN KUMAR

The company is looking to regain lost ground in the segment but does not intend to chase volumes at the cost of long-term viability. “We will bid, but we will not get into a price war,’ Wagh said, stressing that success in the electric bus business depends on far more than simply winning tenders.