Suvasit Shrivastava Tata Motors has a rich legacy in the automotive industry. Can you highlight some key milestones in the company's journey and how they have shaped Tata's current position in the market? Tata Motors, while relatively young in the automotive industry, having started in 1998, has made significant strides in its 26-year journey. Despite being younger than many competitors, Tata Motors has experienced an enriching journey, especially notable over the past four years since 2020. The company's progress has been marked by overcoming numerous challenges, with strong leadership of Ratan Tata.
Recently, we have achieved a milestone of selling 5 million cars and are ranked among the top three original equipment manufacturers (OEMs) in India, holding a double-digit market share.
We are also a market leader in several segments, including having the highest-selling car in India.
Our journey into the electric vehicle (EV) sector began in 2017, and Tata Motors has played a leadership role in this space. To date, we have sold over 1,30,000 EVs in the country. Tata Motors continues to be a leading force in the automotive sector, with our EVs making a significant impact in India.
Can you elaborate on Tata Motors' recent focus on transitioning its cars and SUVs towards more sustainable technologies? When it comes to sustainability, Tata Motors approaches it from multiple perspectives. We focus on areas like circularity, net-zero energy and water usage, and achieving net-zero emissions in alignment with the Tata Group's ambitious goals. In terms of circularity, we are making sure that the materials used in our cars align with our circularity goals.
Currently, 80% of the materials in our cars are recyclable or reusable, and 85% are recoverable.
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