Tata Motors Ltd. has announced a Rs16,000–18,000 crore investment plan for its electric vehicle (EV) business, underlining a renewed push to scale products, platforms and infrastructure as India’s EV market enters a more competitive phase.
The investment will be deployed between FY25 and FY30 into Tata Passenger Electric Mobility Ltd, and will be directed largely towards EV-specific architectures, manufacturing capacity and product development. The capital commitment marks a transition from early category building to execution at scale, as electric vehicles steadily move into the mainstream.
Shailesh Chandra on company performance
Additionally, the brand has also announced crossing a milestone of 2,50,000 cumulative EV sales in India. “Crossing 2.5 lakh EV sales validates our long-term commitment,” said Shailesh Chandra, MD, CEO, Tata Motors Passenger Vehicles Ltd., adding that the focus ahead will be on scaling products, infrastructure and customer reach in tandem. Chandra said the next phase of growth for Tata Motors’ EV arm will be anchored in portfolio expansion rather than short-term volume chasing.
Launch of Avinya
Also, Tata Motors confirmed the launch of the Avinya premium EV brand by late CY26, beginning with a premium SUV positioned above the Harrier EV. The Avinya brand was previewed with an SUV concept in January 2025 at the Bharat Mobility Show. In addition, Tata Motors has also announced plans to introduce five new EVs by FY30. This includes the Sierra EV and the refreshed Punch EV, both slated for launch in 2026, alongside periodic updates to the existing EV lineup.
As fas as marketshare goes, Chandra said the company is targeting a steady-state EV market share of 45–50 percent over time, supported by scale, a wider portfolio and ecosystem investments.
Tata Motors has also announced that the brand and group companies are targeting one million charging points by 2030, including 100,000 public chargers, to support higher EV penetration. Beyond vehicles and chargers, the company is also developing a circular EV ecosystem, including second-life use of batteries for energy storage and the expansion of EV-specific service and battery repair facilities.
