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<keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> plans to commence production of electric vehicles at the Sanand plant, acquired from Ford India, from April this year, as per a top company official. Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year. "We are planning to commence electric vehicle production at Sanand with <keyword id="20190169" type="General" weightage="20" keywordseo="nexon" source="keywords">Nexon</keyword> EV from April," Tata Motors Passenger Vehicles MD Shailesh <keyword id="19912128" type="General" weightage="20" keywordseo="chandra" source="keywords">Chandra</keyword> told PTI. The company has already commenced production of internal combustion engine-powered versions of the Nexon at the manufacturing plant with an installed capacity of 3 lakh units per annum. It can be further scaled up to 4.2 lakh units per annum. Chandra said the company is also looking to produce upcoming models at the facility. When asked about the company's product pipeline, he said that <keyword id="20290613" type="General" weightage="20" keywordseo="curvv-ev" source="keywords">Curvv EV</keyword> would be introduced around the second or third quarter of this calendar year. "We are also hoping that by the fag-end of this year, we should also be able to introduce Harrier EV and internal combustion engine (ICE) version of Curvv," Chandra said. On sales outlook for the next fiscal, he noted that the passenger vehicle industry is expected to grow by 5 per cent. "We have few launches planned, so will be targeting to grow better than the industry," Chandra stated. On the Budget wishlist, he stated that extending FAME benefits to personal electric cars would help in accelerating the growth of electrification in the country. Chandra noted that an increase in sales of electric cars was witnessed in states like Maharashtra and Gujarat when they offered incentives to the buyers. "Also, there is a problem of inverted duty structure in EVs that is also something that we have been asking," he noted. About talks on giving some concessions to a US-based EV major, Chandra said: "Our position is very simple that we are not worried about any specific competitor. Any player who is ready to participate in the EV space with upfront investment in localisation or charging infra development is welcome". He further said: "We are not afraid of the competition...we are effectively dealing with the competition, all we seek is a level playing field". SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/rolls-royce-spectre-rolls-out-as-indias-most-expensive-electric-car/articleshow/107051636.cms">Rolls Royce Spectre rolls out as India’s most expensive electric car</a> <a href="https://www.businessinsider.in/tech/news/global-pc-shipments-decline-for-the-eighth-straight-quarter-hopes-pinned-on-ai-to-drive-sales/articleshow/106981182.cms">Global PC shipments decline for the eighth straight quarter; hopes pinned on AI to drive sales</a> <a href="https://www.businessinsider.in/tech/news/quishing-scams-on-the-rise-what-is-it-and-how-to-protect-yourself/articleshow/106953014.cms">Quishing on the rise – Be alert while scanning payment QR codes</a>

Tata Motors to commence EV production at Sanand plant from April

New Delhi, <keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> expects the industry sales growth of electric vehicles in <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> to moderate to 40-45 per cent this year with the base becoming bigger, a top company official said on Wednesday. The company, which launched Punch.ev on Wednesday, plans to introduce four more EV models this year, Tata Motors Passenger Vehicles Ltd &amp; Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra said. It is expecting to grow faster than the industry EV growth rate, he added. "Two years back, EVs were growing on a very low base. In the last calendar year, it had a growth of nearly 100 per cent but now the base is getting bigger. By the end of this financial year, it will be around 90,000 to 1 lakh. On this high base, I think the growth (industry) would moderate to about 40 per cent to 45 per cent," Chandra said. As for Tata Motors, he said with five EV products lined up for launch, the company expects to beat the industry growth rate. When asked about EV penetration in the overall sales of the company, he said, "Currently we are between 12 to 15 per cent. Fortunately, we are also growing in <keyword id="20088520" type="General" weightage="20" keywordseo="ice" source="keywords">ICE</keyword> (<keyword id="20225695" type="General" weightage="20" keywordseo="internal-combustion-engine" source="keywords">Internal Combustion Engine</keyword>). So, the denominator keeps changing." In 2023, Tata Motors sold a total of 69,153 units of EVs. Further, he said, "In the next three years, we have taken a target of achieving 25 per cent of total sales with all the products that we are going to launch. 2024 should be around 15-17 per cent." Chandra said apart from Punch.ev, Tata Motors will launch the Curvv, Harrier EV, <keyword id="20225694" type="General" weightage="20" keywordseo="sierra" source="keywords">Sierra</keyword> and Altroz EV this year, most of which are expected in the second half. Punch.ev has been launched with an introductory price ranging from Rs 10.99 lakh-14.49 lakh. It comes with two battery pack options - 25 kWh, offering a range of 315 km, and a 35 kWh option, which offers a range of 421 km on a single charge.

Tata Motors expects industry EV sales growth in India to moderate to 40-45% this year

<keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> on Tuesday said its electric vehicle arm has reduced prices of two models -- <keyword id="20563981" type="General" weightage="20" keywordseo="nexon-ev" source="keywords">Nexon.ev</keyword> and Tiago.ev -- by up to Rs 1.2 lakh on account of reduction in battery cost. The auto major has cut the price of Nexon.ev by up to Rs 1.2 lakh and now the model price starts at Rs 14.49 lakh. Similarly, the company has reduced the prices of Tiago.ev by up to Rs 70,000 with the base model now starting at Rs 7.99 lakh, Tata Motors said in a statement. Introductory prices of the recently-launched <keyword id="20078457" type="General" weightage="20" keywordseo="punch-ev" source="keywords">Punch.ev</keyword> remain unchanged as they already factor in reduction in battery cost in the foreseeable future, it added. "Battery costs constitute a substantial part of the overall cost of an EV. "With battery cell prices having softened in the recent past and considering their potential reduction in the foreseeable future, we have chosen to proactively pass on the resulting benefits directly to customers," <keyword id="20078455" type="General" weightage="20" keywordseo="tata-passenger-electric-mobility" source="keywords">Tata Passenger Electric Mobility</keyword> (TPEM) Chief Commercial Officer Vivek Srivatsa said. While EVs have grown rapidly over the last few years, the company's mission is to accelerate the mainstream adoption of EVs by making them more accessible nationwide, he added. EVs have shown a strong growth momentum and are substantially outperforming the overall passenger vehicle industry growth, Tata Motors said. In 2023, the EV segment grew by over 90 per cent against the 8 per cent growth recorded by the PV industry, it said. This growth momentum has continued in 2024 as well with EV sales registering a 100 per cent year-on-year growth in January 2024. TPEM with over 70 per cent market share is the leader in this fast-growing segment, the automaker stated. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/using-ai-to-impress-someone-this-valentines-nearly-50-say-they-will-be-offended/articleshow/107656212.cms">Using AI to impress someone this Valentine’s? Nearly 50% say they will be offended</a><a href="https://www.businessinsider.in/business/webstories/five-out-of-the-top-10-unlisted-companies-in-india-slipped-in-valuation-in-2023/slidelist/107650633.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/webstories/five-out-of-the-top-10-unlisted-companies-in-india-slipped-in-valuation-in-2023/slidelist/107650633.cms" target="_blank">Five out of the top-10 unlisted companies in India slipped in valuation in 2023</a><a href="https://www.businessinsider.in/tech/mobile/news/seven-out-of-top-10-smartphones-sold-worldwide-in-2023-were-iphones/articleshow/107617907.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/seven-out-of-top-10-smartphones-sold-worldwide-in-2023-were-iphones/articleshow/107617907.cms" target="_blank">Apple domination: Seven out of top 10 smartphones sold worldwide are iPhones</a>

Tata Motors cuts EV prices by up to ₹1.2 lakh as battery cost dips

<ul class="summary-list"><li>Elon Musk has been talking about the $25,000 electric car for years.</li><li>Volkswagen just beat him to the punch with an EV it expects to sell for 25,000 euros ($26,600). </li></ul>For years, Elon Musk has talked about Tesla's plans to reveal a <a href="https://www.businessinsider.com/tesla-mexico-factory-genius-move-for-cheap-car-expert-says-2023-3">$25,000 electric car</a> for the masses. Volkswagen just beat him to the punch. The German automaker on Wednesday revealed the ID. 2all concept: a small, battery-powered hatchback that it plans to sell for 25,000 euros ($26,600) or less when it goes into production in 2026.A vehicle at that price point would represent a huge step forward for the EV market. The <a href="https://mediaroom.kbb.com/2023-03-08-New-Vehicle-Transaction-Prices-Trend-Downward-as-Incentives-Rise,-According-to-Kelley-Blue-Book" target="_blank" rel="noopener">average new EV sold for $58,385</a> in February<a href="https://mediaroom.kbb.com/2023-03-08-New-Vehicle-Transaction-Prices-Trend-Downward-as-Incentives-Rise,-According-to-Kelley-Blue-Book" target="_blank" rel="noopener">,</a> according to Kelley Blue Book, and the cheapest Tesla is the Model 3, which starts at $42,990.<div type="image" title="The Volkswagen ID. 2all concept car" height="2128" width="2837" msid="98740360" hostid="261"></div>The ID. 2all show car is an early preview of an actual vehicle to come later down the road — one which may be called the ID.2. (VW currently sells an ID.3, <a href="https://www.businessinsider.com/volkswagen-id4-electric-suv-pros-and-cons-review-2022-3">ID.4</a>, ID.5, and ID.6.) It hints at the overall design and capabilities we can expect from the real deal when it arrives by 2026.According to Volkswagen, the EV has a range of up to 280 miles, front-wheel drive, and a single motor delivering 223 horsepower. <div type="image" title="The Volkswagen ID. 2all concept car" height="2730" width="3640" msid="98740362" hostid="261"></div>Interior photos show a sleek, minimalist cabin with few buttons and two large screens. The accelerator and brake pedals are styled as play and pause buttons, which is a quirky touch.<div type="image" title="The Volkswagen ID. 2all concept car" height="2730" width="3640" msid="98740365" hostid="261"></div>There's just one snag for US-based buyers: Volkswagen has no plans to bring the future model stateside, a company spokesperson confirmed to Insider.And that makes sense, as the ID. 2all would be a tough sell for American shoppers, who have increasingly favored SUVs over the small hatchbacks that remain popular in Europe. <div type="image" title="The Volkswagen ID. 2all concept car" height="2730" width="3640" msid="98740368" hostid="261"></div><h2>Musk's complicated, yearslong journey with the $25,000 EV </h2>In 2020, <a href="https://www.businessinsider.com/tesla-battery-day-elon-musk-promises-25000-autonomous-electric-ev-2020-9">Musk promised a fully autonomous, $25,000 vehicle</a> as battery costs came down. At the time, he targeted a timeline of about three years. But <a href="https://www.businessinsider.com/elon-musk-tesla-25000-cheap-electric-car-model-3-2022-1#:~:text=Tesla%20isn't%20currently%20working,%2425%2C000%20car%20within%20three%20years.">in January 2022, Musk told investors his company was too busy</a> working on other projects — that included a humanoid robot — to pursue the cheaper venture. At <a href="https://www.businessinsider.com/tesla-bulls-bears-elon-musk-investor-day-ev-wall-street-2023-3">Tesla's first-ever Investor Day</a> earlier this month, which many anticipated would bring news about a sub-$30,000 model, Musk mentioned almost nothing of the sort. In fact, the event fell short of expectations, and <a href="https://www.businessinsider.com/tesla-master-plan-part-three-investor-day-elon-musk-2023-3">Tesla only teased a next-gen vehicle</a> that would be smaller and cheaper than the Model 3. <div type="image" title="The Volkswagen ID. 2all concept car" height="2048" width="2730" msid="98740369" hostid="261"></div><h2>Why automakers are racing to make cheaper EVs</h2>In the meantime, other automakers are targeting the <a href="https://www.businessinsider.com/us-electric-vehicle-buyers-cars-too-expensive-2023-1">low price point as the holy grail to mass EV adoption</a>. A Deloitte study earlier this year found that 70% of US consumers don't want to spend more than $50,000 to buy an EV, and that <a href="https://www.businessinsider.com/car-buying-tips-electric-vehicles-pricing-americans-pickups-trucks-suvs-2023-2">cost is the biggest hurdle</a> to their adoption.<a href="https://www.businessinsider.com/how-lucid-plans-to-make-a-25000-ev-2021-10">Leadership at EV startup Lucid</a>, whose vehicles cost $87,400 and above, has said <a href="https://www.businessinsider.com/electric-vehicles-prices-expensive-cheaper-automakers-batteries-lithium-supply-demand-2022-12">smaller and less expensive battery packs</a>, consumers leaning into <a href="https://www.businessinsider.com/lucid-just-hit-520-miles-range-ev-drivers-only-need-300-2021-9">needing less range</a>, and more accessible infrastructure will be key to the company's pursuit of a $25,000 car.Legacy auto companies are racing to get cheaper electric models on the market. Some of <a href="https://www.businessinsider.com/cheapest-electric-cars-affordable-toyota-chevy-hyundai-kia-nissan-tesla-2023-1">the most affordable EVs drivers can buy now</a> include the $26,500 Chevrolet Bolt EV, the $27,800 Chevrolet Bolt EUV, the $27,800 Nissan Leaf, the $33,550 Hyundai Kona, and more.

Volkswagen beats Elon Musk in the race to cheap EVs, revealing a car it plans to sell for $26,600

<keyword id="42747" type="General" weightage="100" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> on Friday reported 1.73 per cent decline in overall global sales at 74,172 units in November 2023 as compared to 75,478 units in the same month last year. Total domestic sales were at 72,647 units last month as compared to 73,467 units in November 2022, down 1 per cent, <keyword id="8555" type="General" weightage="20" keywordseo="tata" source="Orion">Tata</keyword> Motors said in a regulatory filing. Overall sales of passenger vehicles (PV), including electric vehicles (EV) were at 46,143 units as against 46,425 units in the year-ago month, down 1 per cent, it added. In the domestic market, PV sales, including EVs were marginally higher at 46,068 units last month as compared to 46,037 units in November 2022. Sales of passenger EVs, including in the domestic market, stood at 4,761 units as against 4,451 units in the year-ago month, up 7 per cent, the company said. Tata Motors said its total commercial vehicles (CV) sales in November 2023 were at 28,029 units as compared to 29,053 units in the same month last year, down 4 per cent. Domestic CV sales were lower by 3 per cent at 26,579 units as compared to 27,430 units in the year-ago month, it added. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-launching-in-india-in-december-2023/slidelist/105645843.cms">From Tata Punch EV to Lamborghini Revuelto, cars set to launch in India in December</a> <a href="https://www.businessinsider.in/business/auto/news/car-and-suv-prices-set-to-rise-in-january-2024-should-you-buy-one-in-december/articleshow/105556415.cms">Car prices set to rise in January – Should you buy one in December?</a> <a href="https://www.businessinsider.in/tech/news/indias-pc-market-surges-to-4-5-million-devices-in-q3-2023/articleshow/105285251.cms">India’s PC market shipments surge in Q3 amidst import restrictions talks</a>

Tata Motors total sales down 1.73% at 74,172 units in Nov

<ul><li>Shares of <keyword id="42747" type="General" weightage="20" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> surged almost 4% on Monday as the automaker has now become the second largest car seller in India.</li><li>Tata Motors has surpassed <keyword id="596" type="General" weightage="20" keywordseo="hyundai" source="Orion">Hyundai</keyword> in terms of sales growth in December.</li><li>It is also the highest ever monthly sales for the Mumbai-based car manufacturer in December 2021.</li></ul>Tata Motors’ shares are on a high on the first day of trading this year, with its share price rising as much as 4% on excitement of the company achieving the tag of the ‘second largest car maker in the country’ beating Hyundai. The Mumbai-based company has surpassed Hyundai, who was the second largest auto seller until now, in terms of car sales in December. With the likes of Nexon, Tiago, Tigor and Harrier and several others, the automaker has recorded the highest ever monthly sales in December. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Car manufacturers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Domestic December sales 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year-on-Year % change </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,53,149 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors (PV) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">35,299 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hyundai </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">32,312 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-32% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra (CV + PV + 3-wheeler) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">36,140 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Toyota </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10,832 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">45% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Honda </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,973 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-8% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kia </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,797 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-34% </td></tr></tbody><tbody></tbody></table>Note: CVs are commercial vehicles and PVs are passenger vehicles. However, the South Korean car maker Hyundai is still ahead of Tata Motors if we add the sales of both Hyundai and <keyword id="6372046" type="General" weightage="20" keywordseo="kia" source="Orion">Kia</keyword>, which is also owned by Hyundai. The car maker managed to sell a higher number of cars despite witnessing a shortfall in production due to the ongoing semiconductor crisis. “The ever-increasing demand for Nexon EV and Tigor EV as well as progressive revival of the EV [electric vehicles] fleet segment were instrumental in driving this steep growth,” said Shailesh Chandra, president of passenger vehicles business unit at Tata Motors in an exchange filing. <div type="image" title="tata motor" height="900" width="1200" msid="88660301" hostid="261"></div>Good demand on the newly launched Tata Punch also helped the company boost its overall sales. “The overwhelming market response to Tata Punch launched in October 2021 is further boosting demand for the company’s “New Forever” range of cars and SUVs [sports utility vehicles],” added Chandra. Not to forget, the company’s booming electric vehicle business, which is adding to the excitement around electric cars. The company recorded a new sales peak of 5,592 units of electric vehicles in the third quarter of FY22, which is a growth of 345% year-on-year. However, the excitement around the rising sales may not remain long as the company admits it is cautious as the semiconductor shortage continues along with rising covid cases. “Going forward, we expect the situation to remain fluid as the semiconductor shortage continues, instances of COVID begin to rise and underlying demand continues to remain under pressure,” said Girish Wagh, executive director at Tata Motors in an exchange filing. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/mamaearths-revenue-neared-500-crore-by-selling-its-personal-care-products-in-fy2021/articleshow/88658722.cms">Mamaearth says it has turned profitable as revenue neared ₹500 crore last year</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/tata-motors-maruti-suzuki-future-retail-and-other-hot-stocks-on-the-first-trading-day-of-2022/slidelist/88657164.cms">Tata Motors, Maruti Suzuki, Future Retail and other hot stocks on the first trading day of 2022</a>

Tata Motors’ stock at nearly two-month high after selling more cars than Hyundai in December

<ul class="summary-list"><li>I've driven more than two-dozen electric vehicles. </li><li>Five stand out as the most fun to drive. </li></ul>I've tested <a href="https://www.businessinsider.com/favorite-electric-vehicles-porsche-tesla-hyundai-mercedes-bmw-rivian-2023-4">more than two-dozen electric vehicles</a> of all different shapes, sizes, and price points. But a few stand out as being the most fun to drive. To be sure, "fun" as a concept is broad and subjective. The tea-drinking crossword puzzler has a different definition than the all-night raver. And the same goes for cars. These four vehicles put a smile on my face, got my heart racing, or all of the above. <h2>Kia EV6 GT</h2><div type="image" title="The 2023 Kia EV6 GT." height="1467" width="2200" msid="99812351" hostid="261" sizebytes="922776"></div>Warn your passengers to brace themselves before pinning it in <a href="https://www.businessinsider.com/kia-ev6-gt-electric-suv-review-tesla-rival-2023-2">Kia's new EV6 GT</a>. And maybe double check they don't have any pre-existing neck problems. Because this isn't your ordinary Kia.The new-for-2023 version of the EV6 SUV packs a serious punch in the form of 576 horsepower and 545 pound-feet of torque. The result: instantaneous, gut-punching acceleration when you put the pedal to the metal. Kia says the dual-motor, all-wheel-drive hatchback zips to 60 mph in a brisk 3.4 seconds. <div type="image" title="The 2023 Kia EV6 GT." height="1667" width="2500" msid="99812353" hostid="261" sizebytes="177038"></div>On top of the jaw-dropping quickness, there's something extra enjoyable about doing it all not in a Porsche or a <a href="https://www.businessinsider.com/bmw-ix-vs-mercedes-benz-eqs-electric-luxury-suv-compared-2023-3">BMW</a>, but in a Kia.Interested? The EV6 GT is priced from around $63,000. <h2>Pininfarina Battista</h2><div type="image" title="The Pininfarina Battista." height="1526" width="2000" msid="99812355" hostid="261" sizebytes="182466"></div>When you take the oomph of the EV6 GT and more than triple it, you get <a href="https://www.businessinsider.com/pininfarina-battista-fastest-electric-supercar-review-horsepower-price-photos-2022-10">the certifiably outrageous Pininfarina Battista</a>. The $2 million supercar packs an astonishing 1,900 horsepower from four motors — one driving each wheel. In its own testing, <a href="https://www.businessinsider.com/pininfarina-battista-electric-supercar-review-ev-horsepower-rimac-2022-11">Pininfarina says it achieved a 0-60-mph time of 1.79 seconds</a>, faster than any other street-legal car. <div type="image" title="The Pininfarina Battista." height="1667" width="2500" msid="99812357" hostid="261" sizebytes="161400"></div>A number is one thing — experiencing it is something else entirely. Flooring the Battista in its most ferocious driving setting, Furiosa, feels like breaking the laws of physics. It takes off like a rocket and gives you the sneaking suspicion that you're a blink away from vanishing into some other dimension. Fun? Yes. Terrifying? You bet. <h2>Rivian R1T</h2><div type="image" title="[EMBARGO 9/28 DNP] Rivian R1T" height="1875" width="2500" msid="99812359" hostid="261" sizebytes="552992"></div>And now for something completely different: the <a href="https://www.businessinsider.com/rivian-electric-ev-truck-pickup-coolest-features-r1t-2021-10">Rivian R1T pickup truck</a>. I got behind the wheel of California startup Rivian's first model back in 2021 and <a href="https://www.businessinsider.com/rivian-r1t-ev-electric-pickup-first-drive-impressions-photos-2021-9">had an absolute blast tackling trails in the Colorado mountains</a>. The rugged R1T amounts to something like a cheat code for off-roading. I came in with zero off-pavement experience and in no time found myself gleefully crawling over beachball-sized boulders, fording streams, and zooming up gravelly hills. On steep descents, the R1T slows to a manageable crawl, recapturing energy for its battery pack. <div type="image" title="[EMBARGO 9/28 DNP] Rivian R1T" height="1875" width="2500" msid="99812360" hostid="261" sizebytes="676976"></div>The truck's adjustable-height suspension and quad-motor all-wheel-drive system mean basically all you have to do is steer toward some scary obstacle and hit the right pedal. <a href="https://www.businessinsider.com/best-electric-cars-rivian-r1s-hyundai-ioniq-5-porsche-taycan-2022-12">Rivian's R1S SUV</a> offers similar capabilities, but I didn't get to test it on such challenging terrain, so the R1T stands out. <h2>Porsche Taycan</h2><div type="image" title="The 2022 Porsche Taycan Cross Turismo Turbo S." height="1571" width="2500" msid="99812364" hostid="261" sizebytes="472902"></div>Porsches are renowned for their superior driving dynamics. After <a href="https://www.businessinsider.com/porsche-taycan-turbo-s-cross-turismo-electric-car-review-2022-6">taking a spin in the brand's Taycan Cross Turismo Turbo S</a>, I can see why. I didn't take the electric station wagon to the track or anything, but even on public roads it felt unlike any other car I've driven. Through every turn, <a href="https://www.businessinsider.com/porsche-taycan-4s-review-ev-electric-sedan-tesla-lucid-mercedes-2021-3">the Taycan</a> felt stable and almost glued to the road. And thanks to its tight steering, I felt remarkably connected to it. I could place it precisely where I wanted to with the slightest tweak of the wheel. <div type="image" title="The 2021 Porsche Taycan Turbo S Cross Turismo." height="1875" width="2500" msid="99812366" hostid="261" sizebytes="526840"></div>Moreover, the Cross Turismo Turbo S I drove had 750 horsepower and a 60-mph sprint of just 2.7 seconds, according to Porsche. With power like that at your disposal, it's tough not to have a thrilling time. <h2>GMC Hummer EV</h2><a href="https://www.businessinsider.com/gmc-hummer-ev-review-price-electric-pickup-truck-2022-11"></a><div type="image" title="The GMC Hummer EV Edition 1." height="1875" width="2500" msid="99812367" hostid="261" sizebytes="709996"></div><a href="https://www.businessinsider.com/gmc-hummer-ev-review-price-electric-pickup-truck-2022-11">GMC's gargantuan electric pickup</a> is a nightmare to drive on city streets. And even on the highway, I constantly feared I was about to demolish some tiny Honda Civic. Still, <a href="https://www.businessinsider.com/hummer-ev-photos-electric-pickup-truck-review-gmc-edition-1-2022-11">the Hummer EV</a> is a joy when you have a bit more space to roam. The six-figure truck feels like a supersized, incredibly expensive toy.It has removable glass panels for a roof and quickness that makes absolutely no sense for a 9,000-pound vehicle. It can turn all four wheels the same direction and <a href="https://www.businessinsider.com/gmc-hummer-crab-mode-crawl-diagonally-across-sand-ev-truck-2020-9">drive diagonally</a>. When you switch between drive modes, video-game animations pop up on the Hummer's screen showing the truck trundling across quirky environments, like the Moon or Mars. <div type="image" title="The 2022 GMC Hummer EV Edition 1." height="1667" width="2500" msid="99812567" hostid="261" sizebytes="186438"></div>It's all so over the top, so ostentatious, <a href="https://www.businessinsider.com/gmc-hummer-ev-efficiency-weight-electric-vehicles-pickup-trucks-2022-12">so unnecessarily large</a>, that you can't help but laugh at the Hummer's sheer absurdity when you're behind the wheel.

After testing more than 25 electric cars, these 5 were the most fun to drive

<ul class="summary-list"><li>The 2025 Ram 1500 Ramcharger is a new electric truck... kind of. </li><li>It uses an electric battery and motors — plus a gas-fueled generator. </li></ul>Ram's newest pickup truck could turn EV skeptics into true believers.<a target="_blank" href="https://www.businessinsider.com/ford-f150-lightning-hummer-ev-rivian-r1t-electric-pickup-trucks-2022-11">Electric trucks</a> are a great invention for a lot of reasons. They're quick, powerful, and have large batteries that can provide off-grid electricity for truck stuff like tailgating and construction.But not everyone is ready for a Ford F-150 Lightning, Rivian R1T, or <a target="_blank" href="https://www.businessinsider.com/teslas-top-designer-spotted-in-matte-black-cybertruck-2023-11">Tesla Cybertruck</a> (if it ever arrives). Public charging plugs are still a hassle to find and use. Moreover, an EV's limited range suffers greatly if you hitch up a hefty boat or trailer.<div type="image" title="The 2025 Ram 1500 Ramcharger." height="1318" width="2500" msid="105072916" hostid="261" sizebytes="283506"></div>Ram's answer to those anxieties is the <a target="_blank" href="https://media.stellantisnorthamerica.com/newsrelease.do?id=25436&amp;mid=69">2025 Ram 1500 Ramcharger</a>, an electric truck with a range-extending gasoline generator. The plug-in-hybrid setup gets you 690 miles of total range, Ram says, trouncing some all-electric rivals by a factor of two.Here's how it works: The Ramcharger is equipped with two electric motors fed by a 92 kilowatt-hour battery. That's roughly what you'd find in a Tesla Model S and much larger than the small batteries in plug-in hybrids like the <a target="_blank" href="https://www.businessinsider.com/toyota-rav4-hybrid-prime-plug-in-review-xse-2022-7">Toyota RAV4 Prime</a>. Electric-only range is estimated at 145 miles, which again is less than a pure EV but handily beats other plug-in hybrids.<div type="image" title="The 2025 Ram 1500 Ramcharger." height="1313" width="2500" msid="105072917" hostid="261" sizebytes="170056"></div>After you drain the battery, the gas engine kicks in to produce electricity and keep the motors turning. Unlike most plug-in hybrids, the Ramcharger's engine doesn't drive its wheels. (This is how the Chevrolet Volt worked too.)The result is a vehicle that's a happy middle ground between gas-powered trucks and <a target="_blank" href="https://www.businessinsider.com/ram-1500-electric-pickup-truck-concept-ces-ford-lightning-chevy-2023-1">electric ones</a>. The Ramcharger meets a moment when interest in EVs is higher than ever, but people still have legitimate hangups about their cost and practicality.<div type="image" title="The 2025 Ram 1500 Ramcharger." height="1318" width="2500" msid="105072919" hostid="261" sizebytes="183432"></div>Other plug-in hybrids have a similar appeal — and <a target="_blank" href="https://www.washingtonpost.com/climate-solutions/2023/05/04/plug-in-hybrids-gateway-evs/">they're getting more popular</a> — but the Ramcharger's big battery and dual motors mean it offers better range and more EV benefits.An owner could charge their Ramcharger at home using cheap electricity and have plenty of range to go about their day. They wouldn't have to worry about range or long charging stops during road trips or towing adventures.<div type="image" title="The 2025 Ram 1500 Ramcharger." height="1318" width="2500" msid="105072922" hostid="261" sizebytes="384974"></div>Thanks to its 663 horsepower and 615 pound-feet of torque, the Ramcharger can zip to 60 mph in a brief 4.4 seconds, Ram says. It can tow up to 14,000 pounds and carry a payload of 2,625 pounds. Bidirectional-charging capability means it can charge a stranded EV or power an owner's house. Using a fast charger, the truck can add 50 miles of range in 10 minutes, Ram says.Truck-making rivals Ford and General Motors have already beat Ram to the punch when it comes to EVs. Both the Ramcharger and the <a target="_blank" href="https://www.businessinsider.com/ram-1500-truck-electric-rev-pickup-500-mile-range-f150-2023-4">Ram 1500 REV</a>, an upcoming all-electric truck coming in 2024, are taking preorders now.

Ram made an electric truck with a generator for people who aren't ready to give up gas convenience

<ul><li><keyword id="42747" type="General" weightage="100" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> is looking to increase passenger vehicle prices from next month</li><li>Last week, <keyword id="44883" type="General" weightage="50" keywordseo="maruti-suzuki" source="Orion">Maruti Suzuki</keyword> also announced to increase vehicle prices from January. </li></ul>Tata Motors is looking to increase passenger vehicle prices from next month in order to make its model range compliant with stricter emission norms which kick in from April 1 next year, according to a top company official. In an interaction with PTI, Tata Motors Managing Director - Passenger Vehicle and Electric Vehicles Shailesh <keyword id="796" type="General" weightage="80" keywordseo="chandra" source="Orion">Chandra</keyword> said the price revision would also offset the impact of commodity prices, which have remained high for the most part of the year. "The regulatory change will have its impact on the cost. Even the real impact of softening of commodity prices is only going to come from next quarter and we still have the residual impact of the commodity escalation that we have seen during the year," Chandra said. He noted that even the battery prices have gone up and the same has not been passed on to the market. "So we are evaluating a price increase basis some of the residual effect that is left as far as the commodity prices are concerned. Battery prices and new regulations have also impacted the EV side," Chandra said. Besides, there is a cost involved in making the model range transition to conform to new emission norms, he added. "We are exploring potential price increase next month because of these factors for both ICE and EVs," Chandra said. Tata Motors sells a range of models like <keyword id="5700" type="General" weightage="50" keywordseo="punch" source="Orion">Punch</keyword>, Nexon, Harrier, and <keyword id="62620" type="General" weightage="50" keywordseo="safari" source="Orion">Safari</keyword> in the domestic market. It leads the electric vehicle segment with products like Tiago EV and Nexon EV. From April 1, 2023, vehicles will need to have an on-board self-diagnostic device to monitor the real-time driving emission levels. The device will constantly monitor key parts for meeting emission standards such as the catalytic converter and oxygen sensors, to keep a close watch on emissions. In a scenario wherein the emissions exceed the parameters, the device will indicate through warning lights that the vehicle should be submitted for service. Additionally, in order to control the level of fuel burnt, the vehicles will also carry programmed fuel injectors, which would control the timing and amount of fuel injected into the petrol engine. Even the semiconductors used by the vehicle will have to be upgraded to monitor throttle, crankshaft positions, air intake pressure, the temperature of the engine, and the contents of the emissions from the exhaust (particulate matter, nitrogen oxide, CO2, Sulphur), etc. Last week, Maruti Suzuki also announced to increase vehicle prices from January. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/oneplus-nord-watch-review-a-decent-watch-with-a-hint-of-premiumness-under-a-budget/articleshow/95281350.cms">OnePlus Nord Watch review: A decent watch with a hint of premiumness under a budget</a> <a href="https://www.businessinsider.in/science/news/this-bio-engineered-houseplant-claims-to-clean-the-air-as-efficiently-as-30-air-purifiers/articleshow/95507043.cms">This bio-engineered houseplant claims to clean the air as efficiently as 30 air purifiers</a>

Tata Motors mulling price hike for passenger vehicles from next month

<ul class="summary-list"><li>Fisker has backtracked on telling owners of its EVs to pay for recall repairs.</li><li>The bankrupt EV firm previously said customers would have to cover the "labor costs" of two outstanding recalls themselves.</li></ul>Owners of Fisker Ocean EVs will no longer have to pay for <a target="_blank" class="" href="https://www.businessinsider.com/fisker-ev-ocean-owners-pay-for-recall-repairs-bankruptcy-2024-9">recall repairs</a>.The bankrupt auto company has changed a post on its website to say it will cover the cost of repairs for two outstanding recalls, after initially saying owners of its Ocean EV would have to pay for "labor costs" themselves.According to the National Highway Traffic Safety Administration (NHTSA), automakers are <a target="_blank" class="" href="https://www.nhtsa.gov/sites/nhtsa.gov/files/documents/mvdefectsandrecalls_808795.pdf">legally required</a> to provide safety recall repairs free of charge for vehicles less than 15 years old. A spokesperson for the NHTSA told Business Insider that the agency "is working to ensure vehicle owners receive recall remedies without charge, as required by federal law."<h2 id="1f6cab01-3167-4ce2-9588-d4a632911209">An expensive 'lawn ornament'</h2>BI previously reported that some customers who had paid as much as $70,000 for their Oceans had been left with <a target="_blank" class="" href="https://www.businessinsider.com/fisker-owners-describe-chaos-to-keep-cars-running-after-bankruptcy-2024-7">undrivable and unfixable vehicles</a> following Fisker's bankruptcy in June.One owner told BI that a battery problem had left his Ocean unusable."It's literally a lawn ornament right now," he said.The Fisker Ocean <a target="_blank" class="" href="https://www.nhtsa.gov/vehicle/2023/FISKER/OCEAN#recalls">currently has five outstanding recalls</a>, with two — concerning the car's door handles and its water pump — requiring physical inspection and repairs.In a <a target="_blank" class="" href="https://www.fiskerinc.com/recalls?fbclid=IwZXh0bgNhZW0CMTAAAR36gEwyTRnTBwX0oyZgOlM_tJdjixr1dLQNDIWwbskuI95PEZvtG22MNtU_aem_MHVp_9xGAO3goYBNqViD2Q">recall FAQ</a> previously posted to Fisker's website, the bankrupt EV firm said that due to its "current financial situation," it could only <a target="_blank" class="" href="https://www.businessinsider.com/fisker-ev-ocean-owners-pay-for-recall-repairs-bankruptcy-2024-9">cover the cost of the necessary parts for those recalls</a>, not the repairs themselves.The recall FAQ also stated that any "labor costs" associated with repairs would need to be covered by vehicle owners. Fisker apologized for "any inconvenience this may cause."However, by early Wednesday, the recall FAQ had been updated to state that Fisker would "provide the necessary parts (including the labor) at no cost" to Ocean owners.The reversal will come as a relief for long-suffering Fisker Ocean owners, some of whom previously told BI they had <a target="_blank" class="" href="https://www.businessinsider.com/fisker-owners-describe-chaos-to-keep-cars-running-after-bankruptcy-2024-7">struggled to contact the company</a> or find repair shops that could fix their vehicles.Fisker owner Steven Hammer told BI the prospect of having to pay for recall repairs was "positively infuriating.""It's just one more punch to the gut," said the Colorado resident, who previously had to pay to transport his Ocean to a dealership in another state to fix a broken roof panel after being unable to reach anyone at Fisker."There's a level of cost cutting and incompetence that's hard to bear. We paid BMW prices and got Yugo quality," Hammer added, referring to the Yugoslavian hatchback that <a target="_blank" class="" href="https://www.nytimes.com/2021/06/10/business/yugo-cars.html">became notorious for its unreliability</a> when it was released in the US in the 1980s.In the recall FAQ, Fisker said it would address the other three recalls on the Ocean with a software update.The company warned customers to drive their vehicles "with caution" until the recalls have been addressed.Fisker is the second failed auto company founded by famed former Tesla designer Henrik Fisker. It <a target="_blank" class="" href="https://www.businessinsider.com/fisker-automotive-files-for-bankruptcy-2024-5">collapsed into bankruptcy earlier this year</a>.The EV startup struggled to ship cars and address <a target="_blank" class="" href="https://www.businessinsider.com/mkbhd-fisker-ocean-review-marques-brownlee-video-tiktok-2024-3">quality issues</a> with its electric cars, with <a target="_blank" class="" href="https://www.businessinsider.com/what-happened-henrik-fisker-automotive-startup-ocean-electric-vehicle-2024-6">former and current employees telling BI mismanagement and cost cutting</a> were partly to blame for its demise.Fisker did not respond to a request for comment sent outside normal working hours.Do you work at Fisker or own an Ocean? Get in touch with this reporter at <a target="_blank" href="mailto:tcarter@businessinsider.com">tcarter@businessinsider.com</a>.

Fisker backtracks on telling owners to pay for repairs of malfunctioning EVs

<ul class="summary-list"><li>Chevrolet is ready for the new wave of EV customers.</li><li>The stalwart Detroit brand is ready to close the gap with Tesla.</li></ul><a target="_blank" href="https://www.businessinsider.com/chevy-bolt-euv-cheap-electric-car-suv-price-2022-12">Chevrolet</a> is just getting started on its takeover of the electric car market, says Steve Majoros, the brand's chief marketing officer.The longtime Chevy executive sat down with Business Insider at a Tuesday press event for the launch of two electric vehicles that underpin the automaker's future plans: the <a target="_blank" href="https://www.businessinsider.com/electric-chevy-silverado-ev-truck-chevrolet-f150-lightning-2022-9">long-awaited Silverado electric pickup truck</a> and the electric Chevy Equinox.It's <a target="_blank" href="https://www.businessinsider.com/automakers-over-estimated-electric-vehicle-demand-early-adopters-2023-10">not exactly a great time</a> to put more electric vehicles on sale. A changing EV shopper demographic has <a target="_blank" href="https://www.businessinsider.com/automakers-back-to-the-drawing-board-ev-plans-2024-2">thrown the segment for a loop,</a> and two years of runaway growth is finally hitting a plateau.Despite this gloomy backdrop to the day, Majoros is fired up. He starts the conversation by musing at how long this moment has taken to arrive (the electric Silverado was first teased in a <a target="_blank" href="https://www.businessinsider.com/jamie-lynn-sigler-sopranos-super-bowl-ad-james-gandolfini-chevy-2022-2">Super Bowl ad</a> in 2022) and how exciting it is to see GM's EV ambitions come to fruition.While Chevy and other legacy car brands spent the better part of the past decade playing catchup with Tesla, executives have promised that their century of manufacturing expertise would eventually close the gap."Sometimes you see things as these discrete pieces and wonder how they're all going to snap together, and then all of a sudden it's like, 'Wow, the puzzle pieces really came together here,'" Majoros said.<h2 id="a2675402-70ee-411c-a8a3-d5991c4bf3c9">Chevrolet is done playing catchup with Elon Musk</h2>While Chevrolet isn't exactly new to the EV market (the electric <a target="_blank" href="https://www.businessinsider.com/chevy-bolt-euv-cheap-electric-car-suv-price-2022-12">Chevy Bolt</a> has been on sale since 2016), the stalwart Detroit brand has spent the better part of the last decade lagging behind Elon Musk's Tesla.Early adopters favored techy startup brands like Musk's over dinosaurs like GM and in the time the Chevrolet spent selling a single electric model in the US, Tesla released a slew of new models, including its affordable <a target="_blank" href="https://www.businessinsider.com/2024-tesla-model-3-improved-features-model-y-better-option-2024-4">Model 3</a> and <a target="_blank" href="https://www.businessinsider.com/tesla-model-y">Model Y</a> vehicles, which compete directly with the Bolt.Tesla also beat Chevrolet to the punch on an electric pickup truck, launching the <a target="_blank" href="https://www.businessinsider.com/tesla-truck-cybertruck">Cybertruck</a> late last year.But the tides finally are turning in Chevrolet's favor, Majoros said, as EV shoppers gravitate to more practical options and legacy brands."Customers will say 'if it doesn't haul or tow or fit my kids or have the safety features I want, I'm tapping out,'" Majoros said. "I don't care if it runs on electricity, gas, or hamsters."<h2 id="26600d77-f79c-47c9-b7bd-4997d5e9a42d">GM is a second-half team</h2>GM has always been a second-half team, Majoros said, and he thinks the Chevy brand is perfectly situated to meet <a target="_blank" href="https://www.businessinsider.com/ev-electric-car-sales-plateau-early-adopters-competition-2023-8">a new wave of electric car shoppers</a>."Momentum is a true force, whether it's autos, sports, whatever," Majoros said. "We've got some momentum, so let's see how the second half unfolds."There is certainly an opening for Chevrolet in this <a target="_blank" href="https://www.businessinsider.com/electric-vehicle-misconceptions-about-the-ev-transition-market-sales-2024-5">changing electric vehicle market</a>.Recent studies on a new cohort of electric car shoppers show that they are more inclined to consider purchasing an electric car from a legacy brand. After years of a virtual monopoly on the EV market, shoppers are <a target="_blank" href="https://www.businessinsider.com/ev-shoppers-are-looking-for-more-than-tesla-2024-4?utmSource=twitter&amp;utmContent=referral&amp;utmTerm=topbar&amp;referrer=twitter">growing tired of Tesla</a> and looking for fresher options."For people weighing the pros and cons they can look at Chevrolet and see a product they know and trust," Majoros said.

You Searched For "punch ev" and got 11 results

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Tata Motors cuts EV prices by up to ₹1.2 lakh as battery cost dips

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After testing more than 25 electric cars, these 5 were the most fun to drive

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