TATA Motors: 5X Growth In Sales By The End Of 2023-2024

TeknikalRaman

Money & Finance

POSTED BY: Ranjeet Kumar PUBLISHED: 5th July, 22

TATA Motors is expecting a sales growth of 5 times in EV from now to the the end of 2023-2024.

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The chairman of TATA motors said "we have a vey high target of increasing EV sales, our goal is to cross 50,000 cars in 2022 and 1,00,000 cars in 2023.

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Chandrasekaran said this while one of the answering one of the shareholder's question about EV goals.

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The EV sales is already all time high in the first 6 months of 2022, and it is expected to double up in the remaining half of this year.

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Chandrasekaran also said  "The shift from oil engine to electric is irreversible and our target is to be one of  the global leaders in green mobility.

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TATA motors is one of the leading automobile manufacturer globally and has a strong network of subsidiary companies.

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TATA has very strong fundamentals and also has a very stable share which makes it a good buy for safe investors.

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You can also visit our website to learn about "Top 5 Hidden TATA Group Subsidiaries: TATA Group Of Comp."

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