Upcoming Tata Electric Cars: With the government planning to make the market fully electric by 2030, all carmakers are gearing up to expand their EV product portfolio in India. Tata Motors leads the market with its three electric models -. In May 2023, the company has registered a growth of 66 percent with the sale of 5,805 units of electric cars in both domestic and global markets. In the same period last year, the company had sold a total of 3,505 units of electric vehicles.
increased sales
According to Tata’s annual report, the company aims to increase its contribution in sales of electric vehicles from 12 per cent to 25 per cent by the end of 2027 and 50 per cent by 2030. In the last quarter, the company contributed 12 percent to the total sales. For the financial year 2024, Tata Motors aims to achieve significant sales growth while investing for its future plan and maintaining market competitiveness. Apart from this, the company is working on plans to expand its EV sales and its network and charging infrastructure across the country.
new models coming soon
Tata Motors has already revealed its plans to launch 10 electric vehicles in the market in the next 4-5 years. This includes many electric cars including Punch EV, Tata Altroz EV, Tata Curve EV, Tata Avinya EV, Tata Sierra EV, Tata Safari EV and Tata Safari EV. The electric version of Punch is likely to be launched in the market in the second half of 2023.
new platform will be used
Apart from this, the company will also build its Harrier EV, which was showcased in concept avatar at the 2023 Auto Expo, in an electric version on Tata’s Gen 2 platform. Upcoming Tata cars will be based on three platforms, including an updated ICE, a bespoke Sigma or Gen 2 and a Skateboard (Born Electric/Gen 3) architecture.
who will compete
Mahindra is also preparing to compete with Tata’s new electric cars. For which the company is testing its BE.05, which can be launched next year.
Also read :- Maruti is about to launch new MPV, will be company’s costliest product
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