8OCTOBER, 2024Tata Motors announced that they have been given a contract by the UP State Road Transport Corporation to provide 1,000 diesel bus chassis. The company acquired the order after participating in a competitive virtual bidding process. The bus chassis will be provided gradually according to the agreed terms, said in the statement.Anand S, Head of the Commercial Passenger Vehicle Business at Tata Motors, mentioned, "The Tata LPO 1618 bus chassis is engineered to deliver robust and reliable mobility with high uptime and low maintenance and operating costs. We look forward to commencing supplies as per the guidance of UPSRTC."According to the company, the most recent order comes after the company successfully met a larger order of 1,350 bus chassis last year, which are now operating effectively for UPSRTC.Tata Motors is revolutionizing transportation by exploring new possibilities and constantly stretching the boundaries of imagination. By putting people first and integrating cutting-edge technology, the company is advancing in merging smart and effective e-mobility solutions. Tata Motors demonstrates commitment to advancement and technological progress by maintaining a forward-thinking approach.Tata Motors is dedicated to creating creative transportation innovations that enhance the well-being of individuals and communities as a crucial aspect of its mission. Tata Motors aims to establish itself as the top Indian automotive brand by FY24, consistently achieving recognition and success in the competitive market. TOP STORIESEUROGRIP TO ROLL OUT LOW-RESISTANCE EV TYRES TARGETING DOMESTIC MARKETSTVS Srichakra, a major player in the tyre industry under its Eurogrip brand, is developing next-generation fuel-efficient tyres specifically for electric vehicles (EVs), focusing primarily on the Indian market. The company's Chief Technology Officer, Sivaramakrishnan V, shared that they are working to reduce tyre rolling resistance by an additional 10 percent in the next 6 to 12 months, which would significantly improve EV efficiency. For example, a bike that currently runs for 100 km could potentially cover 110 km with these advanced low rolling resistance tyres.TVS Srichakra offers a product range of 250 tyres, including 12 specifically designed for the EV segment. Over the past three years, the company has launched 45 new products in the premium and super-premium categories, with these new offerings accounting for 35 percent of the company's revenue, according to P Madhavan, Executive Vice President of Sales and Marketing.The company exports 7 percent to 8 percent of its total production to 90 countries. Its standalone revenue from operations for FY24 was Rs 2,754 crore. TVS Srichakra's two manufacturing facilities, located in Madurai, Tamil Nadu, and Rudrapur, Uttarakhand, have a combined capacity to produce three million tyres per month. This development in fuel-efficient tyres for EVs represents a significant step towards supporting the growing EV market in India. UPSRTC COMMISSIONS TATA MOTORS TO SUPPLY 1,000 DIESEL BUS CHASSIS
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