From Mahindra to Tata Motors, automakers charge ahead with EV plans

The core internal combustion engine-powered vehicles of auto manufacturers may have been badly bruised by the pandemic, but that has not derailed the electric vehicle (EV) revolution. Encouraged by a pick-up in demand, most firms are going ahead with earmarked investments and have planned roll-outs, said top officials.

Shailesh Chandra, president of the passenger vehicle business unit at Tata Motors, says EVs have actually grown year-on-year. Growth could have been steeper had the fleet segment not got hammered due to the pandemic-induced curbs on public transport.

“The employee transport segment has crashed due to work-from-home and e-mobility services companies struggling