Professional Documents
Culture Documents
Part I
Tata Motors saw this need and responded by launching their new
electric car program. Electric cars are cleaner than internal-
combustion- engine (ICE) vehicles since they do not release
poisonous gases. Furthermore, if the electricity that powers them
comes from a clean source, it adds to the ecological appeal of
electric cars, i.e., they are as clean as the electricity that powers
them.
Which company among….
Question 2a
Tata SWOT Analysis:
Strengths:
1. A brand recognition with a diverse product offering
2. The Incredible Performance of the Jaguar Land Rover Division
3. The leading provider of defense mobility solutions to the Indian
armed services
4. Nano, the world's cheapest automobile from a recognized
manufacturer.
5. Reliable client service
Weakness:
1. The Nano's reputation as a low-cost car drove off potential
buyers, resulting in poor sales.
Opportunities:
1. Increased per capita income to fulfill rising demand
2. Extensive Use of the Internet
Threats:
1. Increasing competition from other automakers
Strengths:
1.A loyal customer base
2. A unique concept
3. Lucrative business models
4. A big consumer base and geographic reach
Weakness:
1. Financial and technical resources are scarce.
2. The Mexican peso's depreciation.
3. Insufficient job experience in the US market
Opportunities:
1. The number of people visiting theme parks is increasing.
2. The Internet is widely used.
3. Increases mobile phone usage
Threats:
1. The commodity's devaluation
2. International and domestic rivalry is fierce.
On the basis of your SWOT analysis….
Question 2b
N Chandrasekhar, the chairman of Tata Motors, has said that the
business may greatly expand its presence in electric vehicles (EVs)
and introduce 10 new battery-electric vehicles across industries in the
Republic of India by 2025.
Two fully electric vehicles are currently available in the market from
Tata Motors - The Tigor and The Nexon work units. A new Altroz
version is anticipated to be published soon.
The Nexon work unit has sold over 4,000 units in India since its
launch in the Gregorian calendar month of 2020, making it the nation's
most well-liked electric travel vehicle.
The creation of the Associate in Nursing work unit program requires
collaboration from a wide range of businesses, from manufacture to
the battery plant to after-sales service. One of the first companies to
use the word "globalization" was the Tata group.
Even though Mahindra's e20 has been a success, it is still less popular
than Nexon. The e20 only has a range of 110 kilometers, compared to
310 kilometers for the Nexon. The leadership should work to enhance
these features, including range, comfort, and energy consumption, to
guarantee future success.
This might be done by doing in-depth research into the needs and goals
of the clients, then incorporating that information into their brand-new
project. Increasing the vehicle's range and passenger comfort should be
the main priorities.
Recommend the various communication strategies…during the change
Question 4b
Management should now endeavor to persuade employees to expand
the success of a small-scale automotive onto considerably bigger
automobiles ranging from SUVs to MUVs after a trial effort to corner
the eV market was successful. Mahindra should make investments to
extend its eV market by launching better cars that can compete with
more costly brands like Tesla and Hyundai since the electric vehicle
sector is predicted to grow at a fast speed. To be able to survive in the
field, the leadership should invest more time in learning about
technology. In order to bring in additional experience, they need also
train their employees in this technology.
Critically analyse the major…
Question 5
“Analyze the key factors (drivers, choices, tactics, or other activities)
that led to Tata Nexon's immediate success. Out of 2.959 units sold,
2.086 (2,200 since launch) were sold by Nexon EV, making up nearly
70% of all sales and a 4 to 1 ratio”
The most amazing feature of the narrative is this. The fluid, which has
been choked by the pandemic, has bucked market trends with strong
sales growth, despite the fact that the industry named the Tata Nexon
EV a "major EV adoption sector."