The most successful and unremarkable and best-selling carmaker in the Indian market.Tata motors except to increase the annual production of the electric vehicle near to 80000 units in this financial year, sources with knowledge of the matter told Reuters.
That compares with 19000 Ev’s is built and sold in the last financial year.
Compare to other carmakers Tata created a major role in sales and declined to comment on production plans but said EV sales were growing rapidly with demand outpacing supply.
A year back Tata announced plans to launch 10 EV models by march 2026, and they were investing over 2 billion USD on new vehicle models well as technology and infrastructure.
Tata accounts for 90% of India’s EV sales – a segment that still only represents 1% of the country’s annual sales of about 3 million vehicles.
on Friday, Tata is going to Unveil a concept car that it plans to build on its first EV platform developed from the ground up.
Cars built on this platform, called the pure EV architecture will also be launched in global markets.
and the new platform is going to represent third phase of Tata electrification plans that have been given a boost by a 1 billion USD investment from private equity firm TPG last year.
As we all know in the first phase was the launching of two EV’s the Nexon SUV and another model for fleets Those cars are excepted to hit the market in about two years.
The second phase calls for modifying a combustion engine platform to buils EV’s with bigger batteries and longer driving ranges.
By 2030, India wants electric models to make up 30% of total car sales.