Highlights
About 80 percent of the market in the electric car segment is occupied by Tata.
Tata Nexon EV is currently the bestselling SUV in India.
Tata will launch 10 new electric cars in India in the next 5 years.
New Delhi. Tata Motors introduced the Curv EV concept and the concept version of the Avinya EV in early 2022. Both the concepts are being seen as a glimpse of the future of the brand to be launched by 2025. Shailesh Chandra, President, Passenger Vehicle Business, Tata Motors, has said that the company is working on a plan to launch 10 new electric cars in the next 5 years.
Tata captures 80 percent of the market
Tata Motors is currently ruling the electric car segment with around 80 per cent market share. The market share is expected to decrease, as most of the automakers are now planning to launch electric vehicles in the market. The company believes that the fall will be compensated by additional business.
Tata Tigor and Nexon EV sell well
Tata Motors is currently selling two electric cars – Tigor EV and Nexon EV in the country. While the Tigor is available at a starting price of Rs 12.49 lakh, the Nexon electric SUV has been introduced at a starting price of Rs 14.99 lakh. The company recently launched a long-range version of the Nexon EV, which is called Nexon EV MAX. It is claimed to offer a range of 437kms.
Read also: Customers are crazy about TVS’s electric scooter, hands-on sale
Tata will bring 10 new cars
In the coming months, Tata Motors will launch an electric version of the Altroz premium hatchback in the country. Tata Motors showcased the concept model at the 2020 Auto Expo. In fact, the company has started testing the new model on Indian roads. Adding to this, Tata Motors is also working on an all-new electric micro-SUV based on the Punch SUV. Expect the price of Tata Punch EV to be under Rs. 10 Lakh. Overall, the company will launch 10 new models in the next 5 years and further strengthen its claim on the electric segment.
Be the first to read breaking news in Hindi News18 Hindi | Today’s latest news, live news updates, read the most reliable Hindi news website News18 Hindi |
Tags: Auto News, Electric Car, Tata Motors
FIRST PUBLISHED : August 01, 2022, 14:44 IST
