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2025 promises to be the year of EVs for carmakers in India
Mint Hyderabad
|January 18, 2025
Tata Motors and Hyundai have projected the Indian car market reaching 15-20% EV penetration by 2030
day. "The EV market will of course grow, but not 4x-5x in one year."
Tata Motors Ltd. and Hyundai Motor India Ltd have projected the Indian car market reaching 15-20% EV penetration by 2030. Tata Motors expects three out of 10 cars it sells by 2030 to be electric.
"I believe the growth (in EV sales) should now be tremendous," said Shailesh Chandra, managing director, Tata Motors Passenger Vehicles Ltd.
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