Can the World’s Least Profitable Carmaker Turnaround?
Andrew Stolz
NOVEMBER 28, 2021
By 2026, Tata plans to roll out 10 electric vehicles models. This should help to bring EV contribution to 20% of total sales by the end of 2026. It will be a challenge for the company to drive its EBIT margin to the industry average of 7-9%. Demand rebound makes up for lost production. The company has relatively high leverage.
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