Tata Motors to Invest ₹35,000 Cr ($4.1 B) in EVs & New Cars
Timeframe:
Over the next 5 years
What’s the Plan?
– Expand EV and CNG line-up
– Double models from 8 → 15
– Boost tech features across vehicle
Why Now?
– India targets
30% EV sales by 2030
– Introducing stricter emissions rules starting 2027
Tata’s Target
– Maintain
16% market share by March 2027
– Aim for
18–20% by March 2030
Challenges Ahead
– Lost ground in ICE segment to
Mahindra & Mahindra
– New competition from
MG Motor
in EVs
Capital Breakdown
– ₹35,000 Cr for EVs & passenger vehicle
– Additional ₹8,000 Cr for commercial/overall capex by March 2026
The Big Picture
– India is the
3rd–largest auto market globally
– Massive shift into electrification underway
Strategic Outlook
– Tata doubling down on EVs & tech upgrade
– Aiming to lead with cleaner, smarter vehicle
Implication
– More EV options for Indian consumer
– Boost to green-tech manufacturing
– Stronger competition driving innovation
Tata Motors’ ₹35,000 Cr EV investment is a
bold move
—signaling ambition, innovation, and a serious bet on India’s electric future.