Tata Motors to introduce several new CNG and electric cars to sustain growth: MD Shailesh Chandra

Tata Motors is working on several CNG and electric cars even as the automaker expects the passenger vehicle industry growth to moderate to 5-7 per cent in the current financial year as compared with 27 per cent sales growth in the last financial year with dip in pent-up demand.

“There’s going to be a steep increase in the EV volumes. We are expanding our portfolio in the CNG segment, so I think we have several levers, which are going to increase our volumes, as well as market share,” Managing Director, Passenger Vehicle and Electric Vehicles at Tata Motors, Shailesh Chandra said during an analyst call.