Posted 9/14/2023, 10:32:38 AM
Tata Motors Tests Overseas Markets and Plans EV Expansion As Electric Car Sales Grow
- Tata Motors testing export markets for EVs, considering launches where experiments succeed
- Running EVs in some markets to assess products and strategy before deciding on rollout
- Also planning EV-only dealerships in some Indian cities as domestic sales rise
- Currently has over 80% share of India's small but growing electric car market
- Aims for EVs to make up 25% of Tata's total car sales by 2025, on track to meet targets