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Tata Motors Plans Another Affordable EV

Financial Express Lucknow

|

May 23, 2025

TATA MOTORS is planning to roll out another affordable electric vehicle model, as its competitors focus on mid and premium segments.

- SWARAJ BAGGONKAR

The company is waiting for the market to stabilise for the launch of the Altroz EV, which has been in the works for a few years.

Vivek Srivatsa, chief commercial officer, Tata Passenger Electric Mobility, said, "We have a couple of products catering to the ₹8-11-lakh price band. We want Altroz (EV) to play a specific role. We have two products where Altroz (EV) was supposed to be. We will wait for the right time when there is a proper role for Altroz in the portfolio and also for the EV category to stabilise."

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