Section

Tata Motors expects industry EV sales growth in India to moderate to 40-45 pc this year

By Economic Times - 6 months ago
Tata Motors expects the Indian electric vehicle (EV) industry sales growth to moderate to 40-45% this year, with the base becoming larger. The company, which launched Punch.ev, plans to introduce four more EV models this year and expects to grow faster than the industry EV growth rate. The company's Managing Director, Shailesh Chandra, said that EV penetration in the company's overall sales is between 12 to 15%.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.