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VERIFIEDET Finance·positive
EVs to account for 10% of India's car market by FY27, says Tata Motors' Shailesh Chandra
AI Summary
- ·Electric cars are projected to constitute approximately 10% of India's passenger vehicle market by FY27.
- ·This growth is attributed to enhancements in charging infrastructure, battery warranties, and a broader range of EV models.
- ·Tata Motors expects EVs to comprise over 30% of its own sales by FY31.