Tata Indica EV Presentation
Tata Indica EV Presentation
Tata Indica EV Presentation
Tata Motors
Established in 1945, Indias largest automobile company with a portfolio of commercial, passenger and utility vehicles. The company is the worlds fourth largest truck manufacturer, and the worlds second largest bus manufacturer. It is Indias third largest passenger vehicle player.
It has had a strategic alliance with Fiat since 2005. Tata Motors distributes Fiat-branded cars in India.
Engine : Permanent magnet motor Max Engine output: 55 kW Max Torque: 157 Nm Transmission: Single speed Top Speed: 114 km/h / 71 mph Acceleration: 0-30 km/h 4.5 sec; 0-60 km/h 9.0 sec Driving range per charge: 160 km / 100 miles (European Combined Drive Cycle) Battery type: Lithium ion super polymer Battery Capacity: 26.5 kWh On a single charge: Travels 177 km while hitting a top speed of 114kmph, 8 hours to recharge.
Denmark, Norway and the UK are the first three countries on the plan to launch. The Vista EV is being developed and assembled at the International Automotive Research Centre at the University of Warwick Campus, Coventry. The battery comes from Swedish manufacturer Miljobil Grenalnd, the drivetrain from Canadian electrical systems company TM4, and the rest of the kit comes from India. Base price falls between 25,000 to 30,000 The Vista EV does qualify for the UK's 5,000 ($8,041 U.S.) plug-in car grant which drop its price down to a more reasonable level.
PEST Analysis
Political
Oil prices Foreign regulation Overloaded road network Restricting traffic flow by imposing additional taxation Administrative barriers
Economical
The target market size maturity of the target market personal disposable income (PDI) Currency stability Labour costs expansion of existing political and economic blocs (EU)
Social factors
Technological factors
Market Screening
Internal Environment Key player in Automobile industry Own Plant & out sourcing Make the company globalize Innovation and engineering External Environment Social, cultural, legal, political, Economic & technological factors Market Size & profitability
Potential Market (By continent) Asia, Europe and USA Specific Segment in the country- Middle class Target Segment- Early adapter, Eco friendly, Young to Middle age
SWOT Analysis
Useful Analysis
Internal Analysis
Strenghts
Weaknesses
Strengths:
Large
distribution network Vast experience Good mileage Strong and robust R&D division Sturdy body Tatas brand name (acquisition of Land Rover)
Weaknesses:
Opportunities:
Strategic acquisitions - opportunity to develop its offering and reach across various segments and geographies.
Threats:
The global automotive industry is intensely competitive. Continuing globalization and consolidation in the worldwide automotive industry.
Total Score
100%
26
22
19
3 7
0 1
2 5
20%
100%
26
10
Competition
Electric vehicles bound for the UK market
Make and Model
Mitsubishi i-MiEV Peugeot iOn Nissan Leaf Citroen C-Zero Tata Indica Vista EV Vauxhall Ampera
First UK delivery
January 2011 January 2011 February 2011 Early 2011 Mid 2012 Early 2012
Early 2012
Mid 2012 Mid 2012
Advantages
Avoids risk of overpayment Avoids problem of integration Still retains full control
Disadvantages
High risk and high commitment Slower Startup Requires knowledge of foreign market and culture
Recommendation
Appropriateness
Lack of proper acquisition target In-house local expertise Embedded competitive advantage
Recommendation
Correct entry approach has been taken.
Questions?