Tata Motors, India’s leading automaker, expects electric vehicles (EVs) to account for 25-30% of its total sales within the next two years, a significant jump from the current 10-12%, according to comments made by the company management in an analyst meeting.
In the last financial year, the company had sold around 50,000 electric vehicles, which constituted around 9.2% of its total vehicle sales of 5.41 lakh units.