Tata Motors has signed a memorandum of understanding (MoU) with Finzo EV Solutions Pvt. Ltd., which operates as Turno, to offer customised financing to buyers of its electric small commercial vehicles and pickups (e-SCVPU). Under the partnership, Tata Motors customers will get quick loan disbursals, flexible repayment plans and a 25% assured buyback guarantee. Turno […]
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Tata Motors Limited, India’s largest commercial vehicle manufacturer, and Iveco Group N.V., a leading international player in commercial vehicles, buses and powertrains, have marked a new beginning together as a global commercial mobility enterprise with the scale, reach and capabilities to compete and grow across markets and technology cycles. Ranked fourth in the world amongst commercial […]
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Tata Motors has completed the initial settlement of its tender offer for Iveco Group, with its indirect wholly owned subsidiary, TML CV Holdings B.V., acquiring 89.42% of Iveco Group’s common share capital. Following the completion of the settlement on October 30, Iveco Group has become part of Tata Motors, marking a significant step in the […]
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Amazon and Tata Motors have announced a collaboration to deploy 3,000 electric trucks across Amazon’s transportation network in India. The largest electric-truck deployment by an e-commerce company in India marks Amazon’s most significant move yet to extend fleet electrification beyond last-mile delivery. The trucks will support the movement of customer shipments between facilities, across cities […]
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The company earned about ₹2,100 crore after tax in its standalone business and says it is confident of closing the Iveco deal. Only 35% of shares have been tendered so far. Tata Motors had one of its strongest quarters in the three months to September. The standalone business, which makes commercial vehicles, reported revenue of […]
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€3.82 Billion All-Cash Tender Offer Launched for the Acquisition Tata Motors Limited and IVECO Group N.V. have announced the commencement of a voluntary all-cash tender offer by TML CV Holdings B.V. for all issued ordinary shares of IVECO Group at EUR 14.10 per share, including dividends. The offer values IVECO Group at approximately EUR 3.82 […]
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Progress does not wait for the perfect moment. It belongs to those who see possibility where others see limits — and have the courage to move before the future arrives, says, Mr. Shailesh Chandra. Some companies build cars. Tata Motors Passenger Vehicles (TMPV) has spent more than three decades building something far more enduring — […]
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ToneTag, a deep-tech platform pioneering proximity commerce, today announced the extension of DrivePay to the recently launched Sierra.ev. Natively integrated into the Sierra.ev’s infotainment system, DrivePay introduces voice-led commerce, enabling drivers to place orders from their favourite cafes and recharge FASTag accounts through voice commands, while also discovering payment-ready charging stations along their route, all […]
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Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India. Under the partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, helping fleet operators transition […]
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BLive, India’s leading integrated commercial EV mobility platform, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to deploy up to 1,000 Tata electric mini trucks through BLive PRIME, its franchise-owned commercial EV fleet programme. The planned rollout is part of the company’s strategy to build scale in India’s fast-growing Cargo […]
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