Sources in the state-owned Road Transport Corporation said these electric buses were received from Tata Motors two months back, but are yet to start operation for want of charging points.
The company's other products like compact SUV Nexon and recently launched SUV Harrier come with bigger 1.5-litre and 2-litre powertrains respectively and are expected to be upgraded to the next level going ahead.
There was zero production and sales of Nano in March. In the same month last year the company had produced 31 units of Nano and sold 29 units, Tata Motors said in a BSE filing.
The company had reported a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18.
The new vehicle from the Tatas will compete with the likes of Jeep Compass, Hyundai Creta, Hyundai Tucson and the Mahindra XUV500.
Nexon is the first and only car in India to receive 5-star adult safety rating in Global NCAP test.
Total revenue from operations grew to Rs 17,758.69 crore during the quarter from Rs 13,310.37 crore in the same period of 2017-18.
The petrol variants of new Tigor are priced between Rs 5.20 lakh and Rs 6.65 lakh, while the diesel trims are tagged between Rs 6.09 lakh and Rs 7.38 lakh.
The stock cracked 13.40 per cent to end at Rs 184.25 on the BSE. During the day, it slumped 19.78 per cent to Rs 170.65, its multi-year low level. On NSE, the scrip dropped 13 per cent to close at Rs 184.55.
"The growth in the last two quarters has seen an upturn and this momentum is expected to continue," Tata Motors Manufacturing Head (CVBU), A B Lall told PTI.
Suzuki said the company has decided to launch EV in India around 2020 in cooperation with Toyota Motor Corporation
The sleek sports car, Jaguar E-Type Zero, will be converted to electric power at its Classic works facility in Coventry by Jaguar Classic.
the SUV unveiled at the Auto Expo 2018 as the H5X concept is named as Tata Harrier as a part of the run-up to the commercial launch preparations.
Ratan Tata said it hurt him when the auto maker lost market share in the last 4-5 years and the country looked at it as a 'failing company'.
Tata Motors reported 38 per cent jump in domestic sales at 58,993 units, led by strong sales in commercial and passenger vehicle (PV) segments.
Auto major Tata Motors on Wednesday unveiled two new passenger vehicle concepts, including a five-seater luxury SUV "H5X" and a premium hatchback "45X".
Automakers like Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu have already announced price hikes from January next year.
Consolidated revenue grew 10.34 percent to Rs 70,156 crore as against Rs 63,577 crore a year ago, Tata Motors said in a release.
Citing a Niti Aayog report, EESL said making India's passenger mobility shared, electric, and connected can cut the country's energy demand by 64 per cent and carbon emissions by 37 per cent in 2030.
With this rollout, Tata Motors aims to scale up its position to the third or fourth spot in the utility vehicle segment.
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