Tata Motors shares in focus after receiving order for 3,400 electric commercial vehicles

Tata Motors has received orders for 3,400 electric commercial vehicles, comprising around 2,000 small commercial vehicles and pick-ups, nearly 900 trucks, and about 500 buses. These vehicles will be deployed across e-commerce, logistics, FMCG, mining, steel, cement, and passenger transport segments. The company highlighted that its EV portfolio includes over 17,000 eSCVs and more than 3,800 electric buses currently on Indian roads, with Tata Motors shares rising 6% over the past month.