Tata Motors To Rev Up EV Play
Autocar Professional|15th July 2022
Tata Motors plans to sell 50,000 electric vehicles in fiscal 2023 and double that figure in fiscal 2024, said N Chandrasekaran, Chairman of Tata Motors at the 77th Annual General Meeting (AGM).
Tata Motors To Rev Up EV Play

Amit Mohile

He also confirmed that the company’s passenger vehicle (PV) sales target for the current fiscal is 500,000 units. Autocar Professional broke this story in its issue dated 1 April 2022.

Elaborating on EVs, the chairman said Tata Motors would add 10 EVs to the existing product portfolio which would help the company enhance its market share by 25 percent by 2025 building on the robust demand that has swelled its EV sales from just 5,000 units in fiscal 2021 to 19,500 units at present. If things go as planned, EVs would account for 10 percent of the company's total sales in the current fiscal.

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