Business News | Tata Tiago EV Achieves 10,000-unit Sales Milestone
Get latest articles and stories on Business at LatestLY. Tata Motors in another statement said it would hold its board meeting on May 12. It will be the first time since FY16 that the company can declare a dividend.
Mumbai (Maharashtra) [India], May 7 (ANI): Automobile firm Tata Motors has announced that it has achieved the 10,000-unit sales milestone for its Tiago EV since its deliveries commenced.
The Mumbai-headquartered company said it also made it the fastest electric vehicle to achieve this milestone in less than four months. The Tiago EV is the 'fastest booked EV in India', receiving 10,000 bookings in just 24 hours and 20,000 bookings by December 2022.
The company said the EV has successfully made its way to 491 cities, covering a total of 11.2 million km and saving 1.6 million grams of carbon dioxide from emitting into the atmosphere. The Tiago has not only become a segment disrupter that offers "premiumness, safety and technology features and an eco-friendly footprint" but it is also a fun electric trendsetter that provides its users with a superior driving experience, according to a statement from Tata Motors.
Tata Motors in another statement said it would hold its board meeting on May 12. It will be the first time since FY16 that the company can declare a dividend.
Vivek Srivatsa, Head, Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd., said, "The Tiago EV since its launch has been creating milestones. From becoming the 'Fastest Booked EV in India' to becoming the fastest EV in India to achieve the 10,000 delivery mark, this electric hatch has left no stone unturned."
He said that the Tiago EV was launched to democratise the EV experience. "It was a result of our ambition to fast forward the ongoing evolution towards the future of mobility by introducing a car that would encourage the rapid adoption of EVs. And, we are so happy to see our vision realised as 10,000 families said yes to Go.ev with the Tiago EV," Vivek Srivatsa said. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)