NexonEV with its correct size and price will sell like hot cakes… if launched in Europe … but unfortunately Tata is more interested in selling Harrier Petrol/Diesel in Europe.
Tata also need to increase its EV volume which can only happen if it can reduce the number of models it has. Tata has become like the Samsung in mobiles… has oneHundredAndOne models…
Now that Tata has a Nexon & Punch… It really does not need a Tiago and a Tigor both in petrol and in electric…
What Tata needs now is VOLUME… VOLUME… VOLUME…
EVCO looks to be a strange idea…
Tata already has low volume production .. so by making cars for EVCo the volumes in other models will reduce even more… although the total production will increase… & cost per car will reduce.
This doesn’t look like a perfect idea because… the success of EVCO will depend upon the production capability of TataMotors…
But what if staff at Tata Motors slows down production? Or go on a strike? So what is the point of making a new company? It looks to have complicated things a lot more than anything.
In spite of all these… TATA will overtake MarutiSuzuki next year to become the No.1 Car Maker of India.
Forget Bitcoin… invest in Tata Motor Shares because the company has a lot of things going for it and Tata is perfectly poised to dominate in the next 10 years at least in India… if not in the world.. The shares of Tata Motors are priced below Rs 500 and will be worth Rs 5,000 in next 5-10years (2025-2030).
Losers of NEXT DECADE will be… Mahindra, Bajaj Auto, HeroMotorCorp, EicherMotor(Enfield) Pull out from these stocks ASAP
Advantages of Tata Motors:
– Launched 20 top class commercial Vehicles last week
-Will launch 10 EVs in next 10 yrs -Will make Li-Ion batteries in India (Tata Chem)
-Focus shifted to Petrol & CNG passenger cars & SUVs (all petrol cars can convert to CNG) instead of Diesel passenger cars.
-EV Exports to Europe could throw a spanner in Tesla’s growth.
-Tata’s build quality & premium-ness has improved a lot after JLR acquisition
-Could also be known as the TESLA killer if Tata can play its EV game properly.
Where ever Tata sells its EVs… Tesla will not be able to compete with TATA because Tata will have an EV in all category unlike Tesla. But for this to happen Tata needs to manufacture EVs in lakhs instead of hundreds.
