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Tata Motors aims to build 80,000 EVs this financial year: Report

That compares with the 19,000 EVs it built and sold in the last financial year

Till now, a Trusts nominee had to retire from the Tata Sons board at 70 years of age
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On Friday, Tata will unveil a concept car that it plans to build on its first EV platform developed from the ground up.

Reuters New Delhi
Tata Motors expects to aggressively ramp up annual production of electric vehicles (EVs) to more than 80,000 units this financial year, sources with knowledge of the matter told Reuters.

That compares with the 19,000 EVs it built and sold in the last financial year.

Tata, India's biggest automaker, declined to comment on production plans but said EV sales were growing rapidly with demand outpacing supply. The sources were not authorised to speak to media and declined to be identified.

Tata last year announced plans to launch 10 EV models by March 2026, investing about $2 billion on new vehicle architecture,

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)