Tata Motors expects EVs to take 20 percent share of car sales by 2026 fiscal year

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Tata Motors expects EVs to take 20 percent share of car sales by 2026 fiscal year

Tata currently has the Nexon EV and Tigor EV in its line-up, and the Tiago EV will be added on September 28.

Tata Motors anticipates that, in three years, 20 percent of its domestic passenger vehicles sales will be made up of electric vehicles, said Shailesh Chandra, managing director of passenger vehicles and electric mobility, on the sidelines of SIAM’s 62nd annual convention in New Delhi.

He anticipates that sales of all EV in Tata’s portfolio, including the Nexon EV and Tigor EV, will reach 50,000 units this year. He added, “Right now, [EV penetration] is between 8 and 8.5 percent, and the models in which we have electric, it is about 23 percent”.

Chandra also mentioned that last year, Tata Motors ended with close to 5 percent, and in comparison, it was 1 percent and 2 percent in fiscal years ending in 2020 and 2021. It is expected that the share of electric vehicles to touch around 10 percent in the current fiscal year.

Although the semiconductor shortage has somewhat subsided recently, it is still not entirely fixed, emphasised Chandra. He added that although there is still a healthy demand for electric vehicles, supply chain issues, particularly with batteries, still exist. Across its line-up of passenger cars, Tata currently has waiting periods of around 3 to 4 weeks.

Tata’s current EV lineup

Currently, Tata has two EVs in its lineup – Nexon EV SUV and Tigor EV sedan. The SUV comes in two variants, the Nevon EV Max and Nexon EV Prime. The former gets a 40.5kWh battery and an ARAI-certified range of 437km. Its electric produces 143hp and 250NM of torque. The latter has 30.2kWh battery and an ARAI-certified range of 312km. Nexon EV Prime’s electric motor produces 129hp and 245Nm of torque.

Both SUVs get multi-mode regen. To differentiate it from its ICE-powered counterparts, Tata has added blue accents on the grille, front bumper and boot. Additionally, it also gets blue accents under the window line.

On the other hand, the Tigor EV packs a 26kWh lithium-ion battery pack and a claimed ARAI range of 306km. Its Ziptron architecture uses an electric motor that produces 75hp and 170Nm of torque. Similar to the Nexon EV, the Tigor EV also has blue accents all around to differentiate it from the ICE-powered Tigor.

Upcoming Tata EVs

Tata motors will launch its third electric vehicle, the Tiago EV hatchback, on September 28. While details are scant, it will get Multi-Mode Regen, cruise control and Sports mode. It is expected to have Tigor EV’s Ziptron architecture, and may also get XPres-T’s powertrain.

Furthermore, Tata is also expected to launch the production version of the Curvv SUV concept in the next two years. The midsize SUV coupe will use Tata’s Generation 2 EV architecture, which has been designed to accommodate various body styles and powertrains. Although it will launch as an EV first, an ICE-powered version will follow later.

Also see:

Tata Harrier XMS, XMAS variants launched: what do they get 

Up to Rs 40,000 off on Tata Harrier, Safari, Tigor, Tiago in September

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