Tata Motors EV bookings jump 2.5x; capacity to scale 50% to 15,000 units/month
Rising fuel prices push 1-in-3 Tata bookings to EVs, lifting industry EV penetration to 5.5%. Tata plans capacity expansion from 9-10k to 15k units/month within 3-4 months, alongside next-gen Tiago and Tiago EV launches with lifetime battery warranty.
Tata Motors reports EV bookings up 2.5x amid rising fuel prices, launches next-gen Tiago and Tiago EV with lifetime battery warranty, and plans 50% capacity expansion to 15,000 units/month within 3-4 months.