Tata Motors plans to expand electric vehicle business, targeting 30% penetration by 2030

Tata Motors, India's leading electric vehicle brand, has announced plans to expand its electric vehicle business, with the goal of launching mid-range and low-end products to achieve electric vehicle penetration of about 30% in its portfolio. Currently, Tata Motors has a 73% share of the Indian electric vehicle market and has achieved a sales milestone of 150,000 electric vehicles.