Tata Motors PV targets industry-leading FY27 growth, holds two-thirds of India EV market
Chairman N Chandrasekaran projects FY27 outperformance on new launches and multi-powertrain push. TMPV sold 92,000 EVs in FY26 (+43.4%), commands two-thirds EV share, and brought its Panapakkam Tamil Nadu plant online. JLR working to lower breakeven from 3 lakh units; Net Zero target held at 2040.
What happened
Tata Motors Passenger Vehicles · Tata Motors PV chairman N Chandrasekaran projects industry-leading FY27 growth via new launches and multi-powertrain strategy.
Key facts
- 92,000 EVs FY26
- 43.4% EV growth
- 2.5 lakh cumulative EVs
- two-thirds EV market share
- Net Zero by 2040
- JLR breakeven 3 lakh units
Why this matters
Tata's dominant India EV position and 2040 Net Zero anchor open partnership and supply-chain JV windows across batteries, charging, and JLR component localization.