Tata Motors To Invest Rs 35,000 Crore In EVs Over 5 Years, Double Lineup To 15 Models

Tata Motors is betting big on electric mobility, announcing plans to invest up to Rs 35,000 Crore (around $4.1 billion) over the next five years. The goal? To stay ahead in India’s fast-changing automotive landscape and hold on to its lead in the growing electric vehicle market.

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Revealed during its latest investor presentation on Monday, Tata’s roadmap includes nearly doubling its EV lineup, from eight models to 15, while also introducing more compressed natural gas (CNG) vehicles and upgrading the tech inside its cars. This push comes as India gears up for tighter emission norms from 2027 and aims for EVs to make up 30% of total car sales by 2030.

The company didn’t break down how much it will invest in the current financial year (ending March 2026), but it had previously shared that its domestic businesses, including commercial vehicles, would see a capital expenditure of around Rs 80 billion this year.

Tata Motors, which makes popular SUVs like the Nexon and Punch, has been a frontrunner in India’s EV space. But the competition is heating up. Mahindra & Mahindra has edged ahead in the traditional combustion engine market, while China’s MG Motor has started challenging Tata’s EV dominance. MG’s Windsor EV has reportedly outsold Tata’s electric models since late last year.

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Still, Tata isn’t backing down. The company is sticking to its market share goals, aiming for 16% by March 2027 and pushing for 18% to 20% by 2030. With this fresh investment, Tata Motors is clearly gearing up to future-proof its portfolio and stay relevant as the Indian auto industry shifts toward cleaner, smarter vehicles.

(Source: Reuters)