Tata Motors sees low-cost tech powering India’s EV boom; says EVs to cost as much as petrol cars by 2030

Electric models now account for more than 5% of new sales in India, up from 2.5% a year earlier, Chief Executive Officer India, one of the few growth hotspots for EVs as China and Europe slow down, is drawing global investment and competitive offerings that could push down costs faster. The arrival of Tesla Inc. and Vietnam’s Vinfast Competition is already eroding Tata’s dominance. In the first eight months of this year, Tata’s Live Events“It’s a good thing because that is what is creating excitement in th ...