Tata Motors risks losing EV dominance to Mahindra

The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.

24 March, 202611 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Tata Motors risks losing EV dominance to Mahindra

You may also like

Business
Story image

HDFC Bank’s supposed can of worms needs to be opened and investigated

Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.

Business
Story image

Minus scooters, an empty gigafactory is squeezing Ola Electric dry

The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.

Business
Story image

The smart meter business gets real

Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.