Tata Motors plans to develop ten electric vehicles (EVs) by 2025 in order to “lead change” in terms of carbon impact.


Group firms will utilise their experience to establish an ecosystem and will invest in the construction of lithium cell manufacturing facilities in India and Europe.

Tata Motors’ chairman, N Chandrasekaran, has stated that the company will aggressively expand its footprint in electric cars (EVs) and launch ten new battery-electric vehicles across segments in India by 2025.

The firm, which controls the majority of the Indian electric vehicle industry, will also invest in lithium-ion cell production in India and Europe to ensure a reliable supply chain for its zero-emission vehicles.

“In India, EV penetration in our portfolio has already quadrupled to 2% this year, and we expect it to grow tremendously in the coming years.” Tata Motors will be at the forefront of this shift in the Indian market. Tata Motors will have ten new BEV vehicles by 2025, according to Chandrasekaran, who addressed shareholders in the fiscal year 21 annual report.

This comes at a time when the government is encouraging automakers to develop and produce EVs in order to decrease their carbon footprint and has implemented regulations that provide incentives to consumers who choose such vehicles.

The government stated in the FY22 Budget that the goods and services tax on EVs would be reduced from 12% to 5%, and that people purchasing EVs would be eligible for income tax breaks.

Tata Motors now offers two completely electric vehicles on the market: the Nexon EV and the Tigor EV. The Altroz electric version is scheduled to be released in the following months. Since its debut in January 2020, the Nexon EV has sold over 4,000 units, making it India’s best-selling electric passenger vehicle.

According to analysts, rising gasoline costs and the government’s subsidy push will function as supportive factors for more EV adoption between 2020 and 2023, resulting in a 26% annual growth rate.

“We anticipate that the Union Budget’s emphasis on EV promotion will improve the long-term prognosis for EV sales but will fall well short of the country’s target of electrifying all new vehicles sold by 2025.