Tata Motors Leads Innovation with Record Patent Filings in FY25
Key Ideas
- Tata Motors filed a record number of 250 patents and 148 design applications in FY25, focusing on EVs, hydrogen-based technologies, and core vehicle systems.
- The company's filings align with current automotive trends like electrification and sustainability, with developments in hydrogen fuel cells and alternative propulsion systems.
- The president highlighted that Tata Motors' innovation strategy aims to meet industry shifts and customer demands, contributing to nation-building through cutting-edge solutions.
- Tata Motors received accolades for its intellectual property-related work and saw its shares rise by 0.8% following the announcement.
Tata Motors achieved a milestone in innovation by filing a record number of patents and design applications in FY25. The filings, totaling 250 patents and 148 design applications, covered a wide range of product and process development areas, with a significant focus on electric vehicles, hydrogen-based technologies, and essential vehicle systems such as battery, powertrain, suspension, brakes, HVAC, and emission control. This surge in filings also included copyright applications and patent grants, boosting the company's total number of granted patents to 918.
The company's strategic move to align its innovations with current automotive trends, including connectivity, electrification, sustainability, and safety, underscores its commitment to staying ahead in the industry. Notably, Tata Motors' applications featured advancements in hydrogen fuel cells and other alternative propulsion systems, reflecting a forward-looking approach towards future mobility solutions.
Rajendra Petkar, Tata Motors' president and chief technology officer, emphasized that the innovation strategy aims to address evolving industry trends and meet customer needs effectively. He highlighted that the company's relentless pursuit of automotive excellence is mirrored in its growing portfolio of pioneering technologies, which also contribute to nation-building through state-of-the-art solutions.
The recognition received by Tata Motors for its intellectual property-related work, with five awards from both domestic and international bodies, further validates the company's innovative prowess. The positive sentiment surrounding Tata Motors' innovation efforts was evident in the market response, as the company's shares witnessed a 0.8% increase, closing at Rs 621.50 per share. This milestone not only signifies Tata Motors' commitment to innovation but also its proactive stance in shaping the future of mobility.