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Tata Motors unveils new brand identity for EV biz

PTI
Updated: August 29th, 2023, 13:47 IST
in Business
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Tata Motors

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New Delhi: Tata Passenger Electric Mobility Tuesday unveiled a new brand identity as it gears up to introduce ten new battery electric vehicles by 2026.

As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement.

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TATA.Ev, the new brand identity for the company’s electric business, is the first step towards providing differentiated and meaningful experiences for customers in the form of a collective initiative to move towards an electric future, it added.

Tata Passenger Electric Mobility Head Marketing, Sales and Service Strategy Vivek Srivatsa said the automaker is entering a new era with TATA.Ev.

“Our new brand identity for electric vehicles underlines our commitment to accelerate the adoption of clean  energy mobility solutions,” he noted.

With a dominating market share of over 70 per cent in the four-wheeler EV segment, the automaker intends to drive a positive change in the automotive industry with the focus  on sustainability, community, and technology, he added.

“Both the products and services are intended to create  highly differentiated and meaningful consumer experiences. The brand personality is humane, honest,  invigorating, and conversational – a rallying point for those curious about having a better impact on the world,” Srivatsa stated.

Tata Passenger Electric Mobility Ltd, a subsidiary of Tata Motors with TPG Rise  Climate as an investor, aims to invest $2 billion by 2026 to launch ten new electric vehicles, build a dedicated BEV architecture, support local manufacture of key components and development of advanced automotive and battery technologies.

It also intends to catalyse the creation of a widespread charging infrastructure as well as growth of other infrastructure to facilitate rapid EV adoption in India. Tata Motors expects electric vehicles to account for half of its passenger vehicle sales by 2030.  The automaker aims to sell around 1 lakh EVs this year.

The company’s current EV portfolio comprises the Nexon EV range, Tiago EV, Tigor EV and the XPRES-T EV.

PTI

Tags: AutomobileEVIndiaTata Motors
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