Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Tata Motors' EV Sales Slump in Feb, 9th Time in 11 Months
Mint Chennai
|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.
Dit verhaal komt uit de March 04, 2025-editie van Mint Chennai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Chennai
Mint Chennai
Rare-earth magnets: Why an ‘India fix’ is not enough
Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.
3 mins
December 02, 2025
Mint Chennai
Anil Ambani moves SC over fraud tag
Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.
1 min
December 02, 2025
Mint Chennai
Mandatory app may trigger pushback
misuse of mobile phones in various scams.
2 mins
December 02, 2025
Mint Chennai
Automakers report brisk sales in Nov, demand remains robust
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.
1 mins
December 02, 2025
Mint Chennai
IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD
Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.
3 mins
December 02, 2025
Mint Chennai
UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case
Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.
1 min
December 02, 2025
Mint Chennai
Centre's tobacco tax recast to lift states’ excise revenue
The duty on tobacco would rise from 64% to 70% once the amended law is implemented
2 mins
December 02, 2025
Mint Chennai
IT growth trails global clients amid shifting tech spending
Automation, product spends, in-house tech centre investments contributed to decoupling
2 mins
December 02, 2025
Mint Chennai
Are gifts from NRIs to residents taxable?
I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?
1 mins
December 02, 2025
Mint Chennai
Gen Z shoppers aren't spending like retailers need them to
More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures
4 mins
December 02, 2025
Listen
Translate
Change font size