Prøve GULL - Gratis
Tata Motors' EV Sales Slump in Feb, 9th Time in 11 Months
Mint Hyderabad
|March 04, 2025
Automaker blames the slide on the withdrawal of a government incentive
Tata Motors Ltd's electric vehicle (EV) sales have been on a downhill slide so far this fiscal, with sales of nine out of 11 months settling below their FY24 numbers, accompanied by a significant drop in market share. While the country's top EV maker blames the withdrawal of a government incentive for the slide, analysts point to rising competition weaning away buyers.
In February, the Mumbai-based company's EV sales declined 23% from the year-ago period—from 6,923 units in February 2024 to 5,343 units last month. In FY25 so far (April 2024 to February 2025), Tata Motors' EV sales have slid 12% year-on-year to 58,293 units in the domestic and international markets.
Denne historien er fra March 04, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Saudi firms paring back pay premiums
Saudi firms are scaling back generous salary premiums that once lured top foreign talent into sectors such as construction and manufacturing as the kingdom reins in spending and reorders economic priorities, four recruiters told Reuters.
1 min
November 17, 2025
Mint Hyderabad
In India's car labs, Chinese models new benchmark
Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.
1 min
November 17, 2025
Mint Hyderabad
Centre weighs consolidation of public sector general insurance firms
least some quarters of FY25, bringing the consolidation plan back on the agenda.
2 mins
November 17, 2025
Mint Hyderabad
Positives in IT, but fears remain
More than half of FY26 is out of the way, but for India's information technology (IT) companies, revenue visibility remains murky. Investors are swinging between hope and despair, as a recovery in revenue growth gets delayed.
2 mins
November 17, 2025
Mint Hyderabad
PHYSICS WALLAH: SEEKING MOMENTUM IN THE SOUTH
The company lacks mass and velocity in the region. Will the IPO proceeds help it accelerate?
9 mins
November 17, 2025
Mint Hyderabad
India eyes standardized protein-rich food basket to boost TB recovery
India is working to standardize the nutritional support for tuberculosis (TB) patients and their family members through a regional food basket, according to two officials and documents reviewed by Mint.
1 mins
November 17, 2025
Mint Hyderabad
Jaishankar meets Qatar's leaders
External affairs minister S. Jaishankar on Sunday met Qatar's top leadership in Doha and discussed major aspects of the bilateral relationship, including energy and trade, as well as regional and global issues.
1 min
November 17, 2025
Mint Hyderabad
Urban co-op lenders eye online banking
The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.
1 min
November 17, 2025
Mint Hyderabad
DO YOU OWN PAPER OR GOLD? THE CRITICAL FINE PRINT ON SGBS
Ow Bertie is quite chuffed that he owns Sovereign Gold Bonds (SGBs).
2 mins
November 17, 2025
Mint Hyderabad
Pollution season fuels clean-air tech startups
Pollution spike is driving demand for purifiers, mask and clean-air devices
2 mins
November 17, 2025
Listen
Translate
Change font size