Leading vehicle manufacturer Tata Motors has announced that it remains committed to realising the vision of making India the EV hub of the world. A communication from Tata Motors said that Tata Passenger Electric Mobility (TPEM) had been established with TPG Rise Climate to offer new mobility solutions. TPEM aims to ride the green wave and support the Government’s vision to have 30% electric vehicle penetration by 2030.
Announcing its plans on World EV Day, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility,said, “World EV Day is indeed a special day for us, as we look back and reflect on our journey so far. We are proud to lead the EV market in India, with the lion’s share of 88%. As early entrants, we have shaped the market and seen it grow with Nexon EV and Tigor EV. We have over 40,000 Tata EVs plying on the road and we are grateful to the early adopters who have shown faith in the brand. Leveraging group synergies, we have also established Tata UniEVerse, a one of its kind EV ecosystem, which is further propelling the EV adoption.”
Earlier this year, the company unveiled three phased approaches towards building a comprehensive EV portfolio. The company plans to launch ten EVs in different product segments, body styles and affordability levels. “Today, is a momentous occasion for us, as we announce the expansion of our EV portfolio further with a new mainstream intervention from the stable of Tata Motors, the Tiago EV. As a leader, we are now pioneering the next phase of the EV market expansion, which will bring all the EV benefits of an exciting yet easy drive, silent cabin, and low cost of ownership to a more accessible level,” he added.
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