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

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%.
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