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Tata Motors EVs nearing price parity with ICE cars

March 05, 2026

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Financial Express Kolkata

ELECTRIC VEHICLES (EVs) are approaching a decisive cost inflection point in India, with some models nearing price parity with internal combustion engine (ICE) cars, according to Anand Kulkarni, product line head for electric passenger vehicles at Tata Motors.

- AKBAR MERCHANT

“From a technology perspective, we are clearly at an important inflection point,” Kulkarni said.“Battery technology is improving rapidly. We now have more energy-dense batteries, faster charging, and better safety and reliability.”

He noted that the gains extend beyond battery chemistry. Greater integration of propulsion components — including the motor, inverter, onboard charger, and power electronics — is reducing weight and improving packaging efficiency.

المزيد من القصص من Financial Express Kolkata

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ARTIFICIAL INTELLIGENCE IS rapidly reshaping industries, economies and societies. But AI does not operate in isolation. Its true potential depends on a foundational layer that is often less visible, yet absolutely critical: intelligent, high-performing networks.

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India scales up Russian crude purchases as premiums halve

INDIA'S REFINERS ARE sharply increasing purchases of Russian crude oil as premiums have nearly halved to $5-6 per barrel from a high of $10-12 immediately after the start of the West Asia war.

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Iran warns of war ‘beyond region’

IRAN THREATENED on Wednesday to spread war beyond West Asia if the US attacks again, after US President Donald Trump said he had come within an hour of restarting the military campaign.

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Top telcos diverge growth playbooks

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LTTS bets AI adoption will create services demand, not eliminate it

PREDICTIONS THAT ARTIFICIAL intelligence would reduce the role of IT services firms are increasingly being challenged by the industry's own evolution, with engineering services company L&T Technology Services (LTTS) arguing that enterprise AI adoption is instead creating a new layer of implementation and deployment work.

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