US-Iran war accelerated EV adoption in India: Tata Motors MD
India, July 1 -- The West Asia crisis, war between the US, Israel, and Iran, has played a key role in the acceleration of electric mobility in India, shifting the market from a push mode to a pull mode, believes Tata Motors Passenger Vehicle Ltd.'s Managing Director and CEO Shailesh Chandra. He also believes that EV penetration in the Indian passenger vehicle market is expected to be 7-8% in FY27 and will cross 10% in FY28.
While speaking on the sidelines of the launch of the Tata Sierra EV, the all-electric iteration of the Tata Sierra SUV, which was launched on Tuesday at an introductory price ranging between Rs.18.79 lakh and Rs.24.79 lakh (ex-showroom), Chandra said that while the entry of multiple players in the Indian EV segment an...
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