Monday, June 9, 2025

Tata Motors to invest up to Rs 35,000 crore in passenger vehicle business in 5 years

Tata Motors plans to invest ₹33,000-35,000 crore in its passenger vehicle business, including EVs, over the next five years, aiming to launch 30 models by the decade's end. The company targets a 16% PV market share by FY27, increasing to 18-20% by FY30, with EVs comprising a significant portion of sales.

from Auto-Industry-Economic Times https://ift.tt/DKdtyi2

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Mercedes plans bigger India play with greater localisation of parts

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