Tata Motors Passenger Vehicles (TMPV) expects electric vehicles to comprise over 30% of its total sales by fiscal year 2031. The company is shifting its strategy to target mainstream consumers as the Indian market moves beyond early adopters.
TMPV will expand its electric portfolio to 10 models by FY31. This roadmap includes the launch of four entirely new electric vehicles. The company also plans more than 10 refreshes of its existing lineup.
Technological development will focus on third-generation batteries. These improvements aim to increase driving range and significantly reduce charging times.