Tata Motors is planning big for the next five years. This Indian automaker will be introducing ten new electric cars by 2027. The electric era has begun all around the world. In India, Tata is currently leading in the electric vehicle segment. Tata Motors is holding more than eight percent of the electric vehicle market share. To maintain its dominance and be the leader of the Indian electric vehicle market, Tata will come out with ten new electric cars. These cars will help the brand to be a big player among all the new entries of EV brands. It is believed that with the new launches and new brands in the race electric vehicle segment, Tata will lose a huge market share.
Well, the global electric market is way too ahead of the Indian market as there are already several contenders for the leader’s position. Companies like Volkswagen, Toyota, Hyundai, Ford, Tesla, etc are already in the major race. The trend for electric vehicles started earlier in the global market, especially in the United States and Europe. The American market is also famous for the better reach of pickup trucks. These brands have maintained good records while selling electric trucks as well. However, the Indian market is not good for pickup trucks. We will see how Tata Motors will focus on its long-term plan and what is their current status in the market.
Current Status Of Tata Motors In The Indian Electric Vehicle Market?
Tata Motors is currently sitting at the top with two electric cars in India. These two cars are Tigor EV and Nexon EV. These two cars are also available as internal combustion engine models. After the success of being one of the highest-selling Tata cars and the current trend of electric vehicles, Tata introduced their EV versions.
Tata Tigor EV comes with a price tag of ₹12.49 Lakh. It is almost ₹3 to 4 lakh more than the ICE versions. Tigor is a compact sedan with a range of 306 kilometers on a single charge. It comes with a 26kWh battery pack which can produce 73.75 bhp and 170 Nm of maximum torque.
The second electric model of Tata is the Nexon EV. It comes for ₹14.99 lakh. It is almost ₹4 to 5 lakh more than the price of the ICE variant. Nexon is a subcompact SUV that offers great performance due to its strong build quality. Tata has claimed a range of more than 350 kilometers on this EV. The maximum torque produced is 245Nm and it generates 127bhp. All over it is a great value car.
Future Plans Of Tata Motors
Tata is currently planning for the launch of the new Altroz EV. It will be the third electric car by Tata Motors. Tata has given hints about the Altroz EV in the past. We believe it will be launched very soon as the Indian automaker is planning big for the next five years. With the launch of the new EV, Tata will also reveal their upcoming electric vehicle lineup. The fourth electric variant could be the Punch EV. The Indian automaker has also revealed the concepts of the Currv and the Avinya. These cars will also roll into production very soon.
Tata Motors is one of the major players if the Indian automobile industry and we believe it will retain its position in the electric automobile market as well. The launch of ten new electric vehicles will make a huge difference for Tata.