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

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

Published on: Nov. 25, 2025, 3:47 p.m. | Source: The Economic Times

India's electric vehicle market is experiencing rapid growth, with EVs now comprising over 5% of new sales, a figure expected to reach nearly a third for Tata Motors by 2030. Falling technology costs and increased competition from global and domestic players are driving affordability and market excitement, signaling a turning point for the country's auto industry.

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