Tata Motors PV targets industry-leading FY27 growth on new launches, EV momentum

Tata Motors Passenger Vehicles is banking on fresh launches, a multi-powertrain push and JLR collaboration to drive industry-leading FY27 growth. The company retained two-thirds of India's EV market with 92,000 units sold in FY26 (+43.4%), crossing 250,000 cumulative EVs.

— Source publishedTue, 16 Jun, 2026, 14:16 IST·First seen Tue, 16 Jun, 2026, 14:23 IST·Source ET Small Business

What happened

Tata Motors Passenger Vehicles targets industry-leading FY27 growth via new launches, multi-powertrain strategy and JLR collaboration. Retained two-thirds share

Key facts

  • 250,000 cumulative EVs
  • 92,000 EVs in FY26
  • 43.4% EV growth
  • two-thirds EV market share
  • 300,000 unit JLR breakeven target
  • Net Zero by 2040

Why this matters

Tata's deepening JLR collaboration and EV scale (250K cumulative units) signal partnership and platform-sharing opportunities, particularly for EV component suppliers and software integrators.