Tata Motors is prospected by companies that are selling Digital marketing, Ecom, Logistics, Supply chain , Security, Omnichannel marketing, Healthcare and Education services. Here are a few quick insights about Tata Motors that you might find valuable in your outreach.
Tata aims for global EV supply chain dominance with £4-billion gigafactory
Intel type: Company Plans
Date: 19 July 2023
The Tata group’s announcement of setting up a 40 GW battery cell gigafactory with an investment of over £4 billion in the United Kingdom (UK) comes close on the heels of its $1.6 billion MoU with the Gujarat government for setting up a similar plant in the state. Taken together, with two such factories, the Indian conglomerate bids fair to emerge as a major player in the global electric vehicle supply chain.
Its two captive auto-making units, Tata Motors at home, and Jaguar Land Rover (JLR) in Europe give it the advantage of two anchor customers already in place, a definite edge over other pure-play battery makers. For instance, Chinese company Envision, currently the only other battery maker in the UK, bought Nissan’s electric car battery business in 2019, presumably for just such a symbiotic relationship.
For Tata, the synergies between the two businesses are huge, with both Tata Motors and JLR setting themselves firmly on the road to redemption through electric vehicles. Since it bought JLR in 2008, the Indian conglomerate has faced challenges in being consistently profitable with its acquisition. But driven by increasing volumes from the British carmaker, Tata Motors reported a profitable fourth quarter and a plan for JLR to invest a whopping $19 billion in electric vehicles over the next five years.
The battery manufacturing plan, though, also needs to be looked at in the larger context of the somewhat frosty relations between another Tata group company, Tata Steel, and the UK government. A decision on potential closure of its Port Talbot steelworks, which came with another of its acquisitions, that of Corus in 2007, looms large with the future of 9000 workers in the balance.
This insight is useful for your prospecting if your business deals with: Supply chain solutions, Logistics, Digital marketing, E-commerce, Security, Education, Delivery management services
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Tata Motors rides on Agratas to fulfil EV aspirations
(source: https://www.fortuneindia.com/enterprise/tata-motors-rides-on-agratas-to-fulfil-ev-aspirations/112976)
Intel type: Deals & Partnerships
Date: 17January 2023
Tata Motors is riding on Agratas Energy Storage Solutions, Tata Group’s lithium-ion cell manufacturing subsidiary, to achieve its electric vehicle (EV) ambitions.
The conglomerate’s proposed gigafactory in Gujarat will ensure ‘political de-risking’ and control of the whole supply chain upstream as well as downstream, the automaker said in an investor presentation.
Tata Group last week announced plans to set up a lithium-ion cell manufacturing unit in Gujarat with an initial investment of around ₹13,000 crore. Agratas Energy signed a Memorandum of Understanding (MoU) with the Gujarat government to build a gigafactory with production capacity of 20-gigawatt hours.
Tata Motors expects this “aggressive localisation” to drive cost reduction and to benefit from the Production Linked Incentive (PLI) schemes. The automaker is looking to increase localisation of its electric vehicles to 85% over the next 3-4 years. This, according to Tata Motors, will reduce component costs of EVs by around 15%.
With the new gigafactory, Tata Group aspires to be at the forefront of the global battery manufacturing industry. The group’s immediate focus is on end-to-end cell design, validation, and, industrialisation, the investor presentation notes.
This insight is useful for your prospecting if your business deals with: Manufacturing, Logistics, Supply chain, Transportation, Sustainability, Ecom, Healthcare, Education and Security solutions
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