Monday, January 29, 2024

Tata.ev : Move with Meaning

Corporate Brand: Tata. ev
Company : Tata Motors
Brand Analysis Count: # 623

Tata Motors has done an interesting branding strategy for its EV business. Tata's initiatives in the electric vehicle segment are under its subsidiary Tata Passenger Electric Mobility (TEPM).

 In 2023, the company announced that the subsidiary will have a branding of  " Tata.ev" with the extension ".ev" in a circle which the company calls "the orbit"- giving it an individual brand identity at the corporate level. All its electric vehicles will now have an extension of ".ev" along with the brand name to signify the electric version. 
The move is an interesting study in the brand architecture strategy domain. Tata Motors launched its EV business in India in 2019 with the Tigor brand and followed it up with the Tata Nexon EV in 2020 which became highly popular. Now the company has an electric variant for its Tiago and latest Punch brands. 
When Tata launched the electric version of its popular brands, the branding was to add the acronym EV to the brands and that's it. The EV was, in branding parlance, essentially a product descriptor which explained what the product is to the consumer. Other than that, the EV doesn't carry any significance.

However, the elevation of EV as ".ev" literally makes the product descriptor a brand element thus adding more value to the company's brand architecture for the electric variants. Tata Motors has followed the strategy of converting the existing products to electric variants retaining the same brand. Now by adding the extension ".ev", the company can create a protected brand element for the electric variants.
At the corporate level, having a corporate brand also helps Tata Motors to give individuality to the EV business and probably in future launch its own brands in the EV segment. 
At the individual branding level, the ".EV" move will kind of own a powerful acronym which is useful in the long-term branding perspective. 

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