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Shares of Tata Motors fell nearly 4 per cent today despite the group reporting a 2 per cent year-on-year growth in global wholesales. Tata Motors stock touched an intraday low of Rs 435, down 3.77 per cent against the previous close of Rs 452.05 on BSE. The share opened at Rs 418.80.
Tata Motors is looking to ramp up the production of electric vehicles (EV) as demand continues to outpace the manufacturing activity by a huge margin
The company said it delivered 564 Nexon EVs and 148 Tigor EVs in a single day on Saturday.
Tata Tigor EV features electrically adjustable and foldable ORVMs, a smart key with push button start, portable charging cable and more
Tigor EV, which is based on Tata Motors' proprietary high voltage EV architecture 'Ziptron' comes with an ARAI-certified range of 306 km and will be available in 3 trim options – XE, XM, XZ+.