Tata Will Launch 10 New EVs By 2025
Published On Jun 29, 2021 03:00 PM By Sonny
The Indian carmaker already leads the EV segment in India with the success of the Nexon EV
Tata Motors Chairman N Chandrasekaran mentions plans for 10 new EVs by 2025 in the 76th annual investors’ report.
The Nexon EV with a claimed range of 312km has become the best-selling EV in India, prices start from Rs 13.99 lakh (ex-showroom).
Tata already has EV-compatible models in development such as the Altroz and the upcoming HBX micro-SUV.
Tata plans to offer different types of EVs and different ranges too in the future.
The battery electric vehicle segment in India is poised to grow significantly in the next five years as Indian carmakers expand their EV portfolio. Tata Motors Chairman N Chandrasekaran recently stated that the brand will have 10 new BEVs by 2025 following the success of the Nexon EV.
In the company’s 76th annual report, Chandrasekaran said “In India, EV penetration in our portfolio has now doubled to 2 percent this year and we expect penetration to increase exponentially in the coming years. Tata Motors will lead this change in the Indian market.”
The Nexon EV has become the most popular EV in India with over 4,000 units sold since it was launched at the start of 2020 and currently accounts for 70 percent of the EV sales. It is the most affordable long-range electric offering that claims 312km from its 30.2kWh battery pack and an electric motor that puts out 129PS and 245Nm. This sub-4m electric SUV is priced from Rs 13.99 lakh to Rs 16.56 lakh (ex-showroom) and heavily undercuts the next available electric SUV alternatives like the MG ZS EV and Hyundai Kona Electric that are also bigger and luxurious.
Tata also has the Tigor EV which uses a 21.5kWh battery for a claimed range of 213km with a 41PS/105Nm electric motor. However, this is a commercial vehicle unlike the Nexon EV. Even if only some of the ten new BEVs are for the passenger vehicle segment, Tata already has EV-ready models in its lineup like the Altroz, Tiago and the upcoming HBX micro-SUV. Even the platform underpinning the Harrier mid-size SUV is EV-ready.
The Indian carmaker is likely to offer not only different body shapes in its EV portfolio but different battery ranges too. For instance, the Hyundai Kona Electric or a Tesla Model 3 are available in different battery variants with the top-end models featuring larger batteries for more range.
The first of Tata’s new EVs will likely be the Altroz EV, which has already been showcased in a pre-production concept at the Auto Expo 2020. It could be launched by the end of 2021 with the same expected range as the Nexon EV.
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