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. Given its losses over the past years, it did not pay out any dividends since 2016. We assume that there will be no dividends at least for the next 3 years. Ratios – Tata Motors.
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