Tata Motors Urges Automakers: Introspect EV Commitment for India's 2030 Goals

automobile
M
Moneycontrol•23-12-2025, 19:00
Tata Motors Urges Automakers: Introspect EV Commitment for India's 2030 Goals
- •Tata Motors' Shailesh Chandra calls for other automakers to seriously reflect on their EV involvement to achieve India's 30% EV penetration target by 2030.
- •India's EV penetration is under 5% by 2025, with Tata Motors dominating 44% of the passenger EV market.
- •Major players like Maruti Suzuki, Hyundai, M&M, Kia, and Toyota, controlling 95% of the PV market, have limited or no EV offerings.
- •Maruti Suzuki's first EV, e-Vitara, is due in Jan 2026; Suzuki also scaled back its EV model plans and sales targets.
- •Tata Motors commits Rs 16,000-18,000 crore investment by FY30, planning 5 new EV models including Sierra EV and Avinya by 2026, and upgrading existing ones.
Why It Matters: Tata Motors urges industry introspection on EV commitment to accelerate India's 2030 electric mobility goals.
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