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Informist, Tuesday, Dec. 23, 2025

 

NEW DELHI – Tata Motors Passenger Vehicles Ltd. Tuesday said sales of its electric vehicles crossed the 250,000 mark. The company will invest INR 160 billion-INR 180 billion between 2024-25 (Apr-Mar) and FY30 towards electric products, technologies, and building the ecosystem, it said in a presentation.

 

The company said it will launch the electric variants of Sierra and Punch, and the premium luxury Avinya in 2026. Tata Motors Passenger Vehicles plans to launch three more cars between 2026-27 (Apr-Mar) and FY30.

 

The company currently has a 66% market share in electric passenger vehicle market in India. "Our EV journey which began in 2018, was never about leading alone but about building the ecosystem to enable India's transition to clean mobility," said Shailesh Chandra, the managing director and chief executive officer of the company.

 

Its electric vehicle fleet currently includes Tiago, Punch, Nexon, Curvv, and the Harrier. "As EV adoption accelerates, our commitment remains clear: to mainstream electric mobility by making it accessible across segments, strengthening the ecosystem, and investing in India-first technology and localisation," Chandra said in a release.

 

Tata Motors Passenger Vehicles currently has 200,000 electric home-based chargers and over 20,000 chargers through the ecosystem built with partners. In 2027, the Sierra-maker plans to have 400,000 charging points, which include 30,000 public fast chargers, which will be built through TATA.ev Open Collaboration. The company plans to have 1 million charging points and 100,000 public charging points by 2030. It plans to expand its electric vehicle sales and service network across tier-2 and tier-3 cities. 

 

Going forward, the company plans to source locally produced high-voltage battery cells from Agratas Energy Storage Solutions' upcoming gigafactory in Sanand. Agrats is Tata group's global battery business, which designs and makes batteries for the automobile and energy sectors.

 

For the September quarter, the company had reported a consolidated net profit of INR 761.70 billion on revenues of INR 723.49 billion. The company had recorded a one-time gain of INR 826 billion following the demerger of its commercial vehicle operations. Tuesday, its shares rose 1.1% to INR 363.25 on the National Stock Exchange.  End

 

Reported by Anand JC

Edited by Akul Nishant Akhoury

 

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