Auto & Transportation
According to Tata Motors, industry EV sales growth in India is expected to moderate to 40–45%.
By - 18 Jan 2024 01:52 AM
"EV growth was starting from a very low base two years ago. It grew by almost 100% in the previous year, but the base is now expanding. By the end of this financial year, it will be around 90,000 to 1 lakh. On thishigh base, I think the growth (industry) would moderate to about 40% to 45%," Chandra said.
Delhi, New: According to a top company official on Wednesday, Tata Motors anticipates that the industry sales growth of electric vehicles in India will moderate to 40–45% this year as the base grows. Four more EV models will be released this year, according to Tata Motors Passenger Electric Mobility Ltd Managing Director Shailesh Chandra, whose company launched Punch.evon on Wednesday.
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