Tata Ev Startegy: The auto major said it has a strong pipeline of new launches for the passenger car business and Jaguar Land Rover (JLR), and feels quite confident to have a strong FY24. It is extremely well positioned "to not only continue to capture growth but gain market share." Starting with the updated Nexon, it will bring a total of four EVs by early next year. While the automaker has no plans to venture into hybrid vehicles, it is working on hydrogen technology for CVs.
With a focus on alternative energy, Indian auto market is set to witness a slew of electric car launches, right from the Mahindra XUV400 to Citroen C3 EV and many more.