Tata Motors which had bagged a tender from Energy Efficient Services (EESL) for the supply of 10,000 electric vehicles (EVs), has been working collaboratively on various electric and hybrid vehicle solutions in the commercial vehicle segment along with a dedicated EV platform for passengers vehicles. In order to boost its electric mobility business, Tata motors is exploring good partnership and business models to deliver on electric mobility. The intent is go beyond developing and selling electric vehicles and create an eco-system solutions with the help of its partners. The company is in discussion with Tata Power for charging infrastructure while for components localisation Tata Autocomp Systems and Tata Chemicals have been approached. Tata Reality and Infrastructure is being looked for operations platform and TCS for software and apps. #autojobs4u #Tatamotors #Electricmobility #automobileindustry #automotiveupdates

As a one-time exceptional non-cash charges for asset impairment of 3.1 bn pounds at JLR, has led to Rs.26,961 cr loss in Q3 to Tata Motors. Consolidated revenue for Q3 rose 5% YoY to Rs.77,001 cr. The auto firm had posted a profit of Rs 1,214.60 cr in the year-ago period. Jaguar Land Rover performance has been impacted by challenging market conditions particularly in China and inventory corrections. As per JLR’s Jan announcement, it plans to achieve £2.5 billion of investment, working capital and profit improvements by March 2020 and has suggested reduction of its global workforce by 4,500 people. These decisive actions are aimed at making business “Fit for Future” by stepping up competitiveness, reducing costs and improving cash flows. Under its “Charge and Accelerate” transformation programme the auto major plans to create an efficient and resilient business, enabling JLR to counter the multiple economic, geopolitical, technolo gical and regulatory headwinds presently impacting...