Tata Motors to launch 10 EVs by 2025, ‘lead change’ on carbon footprint
Tata Motors will aggressively push its presence in electric vehicles (EVs) and launch 10 new battery-electric vehicles by 2025 across segments in India, its chairman, N Chandrasekaran, has said.
The company, which has the largest share of India’s electric car market, will also invest in lithium-ion cell manufacturing in India and Europe to establish a proper supply chain for its zero-emission vehicles in the coming decade.
“In India, EV penetration in our portfolio has now doubled to 2 per cent this year and we expect the penetration to increase exponentially in the coming years. Tata Motors will lead this change in the Indian market. By 2025, Tata Motors will have 10 new BEV vehicles,” Chandrasekaran said, addressing shareholders in the annual report for FY 21.
