Tata Motors Limited · NSE:TMCV
Tata Motors — BofA EV Forum 2023
16 slides from Tata Motors's conference presentation, Dec 6, 2023
Slide 1: Submission of presentation to Analysts/Investors
BSE Limited Listing Compliance Department First Floor, New Trading Ring National Stock Exchange of India Ltd. Rotunda Building, P J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai 400 001 Bandra(E), Mumbai 400 051 December 6, 2023 Sc no – 17956 Dear Sir/Madam, Sub: Submissio
Slide 2: BofA EV Forum
BofA EV Forum Tata M o to rs | 0 6 D e c e m b e r 2 0 2 3 1
Slide 3: Safe harbour statement
Safe harbour statement Statements in this presentation describing the objectives, projections, estimates and expectations may be “forward- looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Imp
Slide 4: EV industry in India has grown rapidly over the past few years
EV industry in India has grown rapidly over the past few years EV Industry Volumes in India Key Highlights 90. 0 • 80. 0 Indian EV industry has grown 20x from FY20 to FY23 – 70. 0 with nearly 8k/month of sales volume 59.1 51.2 60. 0 • Government has set ambitious target of 30%+ EV Volumes 50. 0 pene
Slide 5: Indian EV industry is currently in a state of transition
Indian EV industry is currently in a state of transition Growing Customer Acceptance for EVs Emerging Industry Dynamics of Indian consumers say their next • 48% purchase will be a BEV (1) Market expansion for EVs has been driven by new model launches, opening up new customer segments of EV owners us
Slide 6: Tata Motors has been the market leader with a dominant market share
Tata Motors has been the market leader with a dominant market share Tata Motors EV Volumes Key Highlights Volume ('000 units) Vahan Market Share 90. 0 100 % 87% 84% • 90% TPEM has maintained dominant, 70+% market share despite 80. 0 72% 73% entry of multiple competition models 80% 70. 0 70% 60. 0 50
Slide 7: Our growth was driven by a wide range of successful products
Our growth was driven by a wide range of successful products Mid Hatch Entry Sedan Compact SUV Tiago.ev Xpres-T, Tigor EV Nexon.ev 10,000 bookings in 1 day 90+% market share in fleets with Top-selling EV in India strong TCO benefit Democratized EVs by appealing to Synonymous with EVs in In
Slide 8: Our strategy to continue the winning momentum in EVs
Our strategy to continue the winning momentum in EVs Wide Product Network Charging Ecosystem Portfolio Development Development Manufacturing Localization to drive capacity addition PLI benefits 7
Slide 9: We will continue to drive the widest EV portfolio in India through aspirational new launches
We will continue to drive the widest EV portfolio in India through aspirational new launches • Premium, modern design • Long-range, aspirational vehicles • Tech-rich products to elevate product experience Curvv.ev Sierra.ev • World-class features and comfort • Expected to open additional segments of
Slide 10: Partnership between TPEM and JLR to enable premium pure electric vehicles - AVINYA
Partnership between TPEM and JLR to further enable a series of premium pure electric vehicles - AVINYA • “Avinya” - TPEM’s ‘premium pure electric’ vehicles series with an uncompromising vision of electric mobility - to be developed on JLR’s EMA platform. • JLR and TPEM have entered into a MOU for ac
Slide 11: Focused actions on EV network to drive market growth and differentiated customer experience
Focused actions on EV network to drive market growth and differentiated customer experience Bespoke EV channel Differentiated In-Store Experience • EV-only outlet will help provide breathing space for ICE & EV models given strong pipeline of • Differentiated experience for EV models in new model int
Slide 12: Open collaboration to significantly enhance charging infra growth
Open collaboration to significantly enhance charging infra growth Growth in Public Charging Infrastructure Holistic future roadmap for network expansion 17x growth 7773 • Growth in charging infrastructure with over 6000+ public chargers and 1200+ RWA chargers, championed by Tata Power 5314 • New pla
Slide 13: We are operationalizing Sanand to support our growth aspirations
We are operationalizing Sanand 2 to support our growth aspirations • Facility acquired from Ford in Sanand • Annual capacity of 300,000 units - scalable to 420,000 units • Salient features: o Smart scalable factory with layout to expand o Excellent infrastructure o Adjacent to our existing plant • I
Slide 14: Aggressive supply chain ecosystem development to improve supplies and drive cost benefits
Aggressive supply chain ecosystem development to improve supplies and drive cost benefits Localization Roadmap Partnership for Cell Manufacturing Phase 3 (2023 Phase 1 (2018-2021): Phase 2 (2021-2023): onwards): Assembly & Testing PLI Compliance Deeper Localisation • Agratas Energy Storage Solutions
Slide 15: Summary: TPEM aspirations
Summary: TPEM aspirations Win Proactively • Create wide product portfolio: highest addressable market • Drive deep penetration/ adoption o Network expansion o Awareness building • Ecosystem development: Tata Universe / Localization • +ve underlying unit economics +ve EBITDA delivery 14
Slide 16: THANK YOU
TATA MOTORS THANK YOU