Tata Motors Plans to Introduce Petrol Engines and EV Variant for Harrier and Safari SUVs
Tata Motors, a leading automobile manufacturer, is expanding its product line to cater to a wider consumer base. The company has announced its plans to offer a petrol engine option for its Harrier and Safari SUVs, aiming to attract more customers. This move comes as Tata Motors aims to stay ahead in the competitive market.
Petrol Engine Option for Harrier and Safari SUVs
Tata Motors is set to replace the existing 2.0-litre diesel engines in their Harrier and Safari SUVs with a new 1.5-litre GDI petrol unit. This announcement was made by Shailesh Chandra, the Managing Director of Tata Motors, during the Auto Expo 2023. The petrol engine is expected to generate 170 horsepower and 280 Nm of torque, providing a powerful performance.
Tata Motors’ decision to introduce a petrol engine option is significant, especially in regions like Delhi where there is a 10-year ban on diesel vehicles. The petrol engine offers a sustainable alternative with a lifespan of 15 years, ensuring long-term satisfaction for consumers.
Moreover, the new petrol engine’s simpler design reduces manufacturing costs, making it a cost-effective choice for customers. This affordability will broaden the appeal of Tata Motors’ SUVs, attracting a larger customer base.
Electric Harrier Model for Sustainable Transportation
Alongside the petrol variants, Tata Motors has also unveiled plans for an electric Harrier model. This electric SUV features a closed-off grille and is designed with practicality in mind. It offers a range between 400-500 km, making it suitable for both long-distance journeys and daily commuting.
To further enhance the electric Harrier’s versatility and extend its range, Tata Motors is considering a 60 kWh battery pack option. This upgrade will allow customers to enjoy an even longer driving range and make the electric Harrier an ideal choice for eco-conscious consumers.
Strong Market Performance and Investor Confidence
Tata Motors has been performing exceptionally well in the market, with a high return over the past year and a significant price uptick in the last six months. Its stock is currently trading near its 52-week high, indicating strong investor confidence in the company’s growth trajectory.
The company’s success can be attributed to its innovative product line and strategic decisions. Tata Motors’ revenue growth has been accelerating, making it a prominent player in the automobile industry.
Tata Motors’ plans to introduce petrol engines and an electric variant for their Harrier and Safari SUVs demonstrate their commitment to offering a diverse range of options to meet the needs of their customers. With a focus on sustainability and customer satisfaction, Tata Motors continues to drive innovation in the automobile industry.