Tata Motors ambitious about EVs

Tata Motors expects Electric Vehicles (EV) to hold 25% of its Passenger Vehicle (PV) sales in the future

Said N. Chandrasekaran, Chairman, Tata Motors, at the company’s 76th annual general meeting

Currently, EVs account for 2% of the company’s PV sales

The automobile major will announce fundraising plans to boost the EV sector

It plans to launch 10 EV models before 2025; the models will be affordable

The company also plans to install a battery plant outside of Tata Motors, said Chandrasekaran

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