Tata Motors Limited · NSE:TMCV
Tata Motors — BofA EV Forum 2023
15 slides from Tata Motors's conference presentation, Dec 8, 2023
Slide 1: Nexon.ev BofA EV Forum Tata Motors
Nexon.ev BofA EV Forum Tata Motors | 06 December 2023 Tiago.ev TATA MOTORS 1
Slide 2: Safe harbour statement
Safe harbour statement TATA MOTORS 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
Slide 3: 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 Volumes (in '000 units) EV Industry Volumes in India 5.9 2.8 22.0 59.1 51.2 23.7 Key Highlights TATA MOTORS Indian EV industry has grown 20x from FY20 to FY23 - with nearly 8k/month of sales volume Government has set ambitious target
Slide 4: 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 TATA MOTORS of EV owners use EVs as their primary car 48% of Indian consumers say their next purchase will be a BEV (1) 75% 10% 23%(2) first time car buyers for Tiago.ev (2) 24% hi
Slide 5: 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 40% Volume ('000 units) Vahan Market Share 87% 84% 72% 73% 4.2 1.3 19.7 50.0 38.0 FY20 FY21 FY22 FY23 H1 FY24 TML 2 2 2 3 3 Models EV Models 5 4 4 11 12 in Industry TATA MOTORS Key Highlights TPEM has maintain
Slide 6: Our growth was driven by a wide range of successful products
Our growth was driven by a wide range of successful products Mid Hatch Tiago.ev Tiago.ev Entry Sedan Xpres-T, Tigor EV TATA MOTORS Compact SUV Nexon.ev ✓ 10,000 bookings in 1 day ✓ Democratized EVs by appealing to new segments (women, first-time- buyers, small town residents) ✓ 90+% market share in
Slide 7: Our strategy to continue the winning momentum in EVs
Our strategy to continue the winning momentum in EVs TATA MOTORS Wide Product Portfolio Network Development Charging Ecosystem Development Manufacturing capacity addition Localization to drive PLI benefits 7
Slide 8: We will continue to drive the widest EV portfolio in India through new launches
We will continue to drive the widest EV portfolio in India through aspirational new launches HARRIER.EY Curvv.ev CURVV Sierra.ev Harrier.ev AVINYA TATA MOTORS Premium, modern design Long-range, aspirational vehicles Tech-rich products to elevate product experience World-class features and comfort Ex
Slide 9: 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 acce
Slide 10: Focused actions on EV network to drive market growth and customer experience
Focused actions on EV network to drive market growth and differentiated customer experience TATA ev Bespoke EV channel bet TATA MOTORS Differentiated In-Store Experience .ev Get ready to go.ev Tiago.ev EV-only outlet will help provide breathing space for ICE & EV models given strong pipeline of new
Slide 11: Open collaboration to significantly enhance charging infra growth
Open collaboration to significantly enhance charging infra growth Growth in Public Charging Infrastructure 17x growth 7773 2000 450 5314 FY21 FY22 FY23 H1 FY24 65% of national highways have a charger within 100kms TATA MOTORS Holistic future roadmap for network expansion Growth in charging infrastru
Slide 12: 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: Smart scalable factory with layout to expand Excellent infrastructure O Adjacent to our existing plant Industrializa
Slide 13: Aggressive supply chain ecosystem development to improve supplies and drive cost benefits
Aggressive supply chain ecosystem development to improve supplies and drive cost benefits TATA MOTORS Localization Roadmap Partnership for Cell Manufacturing Phase 1 (2018-2021): Assembly & Testing Phase 2 (2021-2023): PLI Compliance Phase 3 (2023 onwards): Deeper Localisation • Tiago.ev Phase 1 & 2
Slide 14: Summary: TPEM aspirations
Summary: TPEM aspirations Win Proactively • Create wide product portfolio: highest addressable market Drive deep penetration/ adoption о Network expansion о Awareness building Ecosystem development: Tata Universe / Localization +ve underlying unit economics → +ve EBITDA delivery TATA MOTORS 14
Slide 15: Thank you
THANK YOU TATA MOTORS 15 About Tata Motors Part of the USD 128 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001 ; NSE: TATAMOTORS and TATAMTRDVR ), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offerin