India's electric car market: Affordable EVs key to mass adoption, says Tata Motors MD Shailesh Chandra
India's electric car market: Affordable EVs key to mass adoption, says Tata Motors MD Shailesh Chandra is drawing significant interest across the industry.
India's electric car market needs affordable models to truly take off, with the sub-?12 lakh segment showing low EV penetration. Tata Motors aims to address this with the refreshed Punch.ev, offering near on-road price parity and a lifetime battery warranty. This move is expected to significantly boost EV adoption and drive exponential growth once the market crosses the 10-15% threshold.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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