Tata Motors, the country’s largest commercial vehicle maker, has announced a price hike of up to 2% on its commercial vehicle range, effective April 1, 2025, the auto giant announced in a BSE release.

Driven by soaring input costs shaking up the global auto industry, the price revamp isn’t a one-size-fits-all deal. Instead, the hike will roll out selectively, varying across models and variants. “The price increase is to offset the rise in input costs, and will vary as per individual model and variant.”

The announcement came just hours after Maruti Suzuki unveiled plans to jack up vehicle prices by up to 4%, starting from April 2025.

Recently, Tata Motors has rolled out the first-ever trials of hydrogen-powered heavy-duty trucks. The company secured the government-backed tender for the project, funded by the Ministry of New and Renewable Energy under the National Green Hydrogen Mission. The trial was flagged off by Union Ministers Nitin Gadkari (Road Transport & Highways) and Pralhad Joshi (New and Renewable Energy).

The run, set to last up to 24 months, will put 16 advanced hydrogen-powered vehicles to the test, each designed with unique configurations and payload capacities. Powered by new-age Hydrogen Internal Combustion Engines (H2-ICE) and Fuel Cell (H2-FCEV) technology, these trucks are set to hit India’s busiest freight corridors. The trials will span key hubs like Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur and Kalinganagar.

Powered by next-gen Hydrogen Internal Combustion Engines (H2-ICE) and Fuel Cell (H2-FCEV) technology, these trucks are set to hit India’s busiest freight corridors. The trials will span key hubs like Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur, and Kalinganagar, paving the way for a greener future in heavy-duty transport.

Speaking on the launch of trials, Gadkari said, “Such Initiatives will accelerate the transition to sustainable mobility in heavy-duty trucking, and move us closer to an efficient, low-carbon future.”

Tata Motors’ profit for the third quarter of the fiscal year (Q3 FY25) dropped 22% to ₹5,451 crore, down from ₹7,025 crore in the same quarter of the previous year. Sequentially, the company’s Q3 profit surged 62% from ₹3,450 crore in the previous quarter.

Revenue from operations surged 3% YoY totalling ₹1.13 lakh crore during the third quarter, from ₹1.10 lakh crore in the same quarter of the previous year. Consolidated EBITDA revved up 13.7% to ₹15,500 crore in Q3 FY25, though it lost some traction, slipping 60 bps YoY.