One-fourth of cars sold by Tata Motors Passenger Vehicles are now EVs
TATAMOTORS set out an expansion in an energy transition development.
· Business Today Mkts
India’s biggest electric car maker has ramped up its EV capacity from 8,000 units a year ago to over 16,000 units currently.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
For TATAMOTORS, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is TATAMOTORS.
- Sector exposure: Auto.
In this story
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