Tata Motors Targets 30% EV Share of PV Sales by FY31

Tata Motors Passenger Vehicles aims for EVs to contribute over 30% of sales by FY31, scaling to 1.2 million annual units and 20% market share. The plan is backed by six new nameplates, JLR collaboration and a multi-powertrain strategy, supported by ₹58,465 crore India revenue and ₹6,710 crore net cash.

— Filed Wed, 8 Jul, 2026, 14:12 IST · Source Business Today · Latest · Updated

Tata Motors PV targets EVs contributing over 30% of sales by FY31, scaling to 1.2 million units and 20% market share, backed by six new nameplates, JLR collaboration and a multi-powertrain strategy.