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India's EV Frenzy: Tata Motors Executive Predicts Massive Growth as Costs Plummet & New Giants Enter!

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Published on 25th November 2025, 11:41 AM

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Author

Simar Singh | Whalesbook News Team

Overview

India's electric vehicle market is booming, with EV sales now over 5% of new car registrations, a significant jump from last year. Top executive Shailesh Chandra of Tata Motors Passenger Vehicles Ltd. predicts EVs could make up a third of their sales by 2030. New international players like Tesla and Vinfast are entering, intensifying competition and driving down costs. Despite challenges, EV sales are projected to surpass 650,000 units by 2030, signalling a major shift in India's automotive industry.