Tata Motors to Invest Rs 15,000 Crore in EV Business

ByCarbike360|Updated on:16-Oct-2021 01:04 PM

Share via:

5,568 Views

Updated on:16-Oct-2021 01:04 PM

5,568 Views

ata Motors is planning to invest Rs 15,000 crore over the next 5 years when it said it would launch 10 new products. Tata said it would invest in new platforms, technologies and further localise its EV vertical.

Tata Motors to Invest Rs 15,000 Crore in EV Business

Flush with funds from TPG Rise Climate which has decided to invest a seventh of its $ 7 billion crores, Tata Motors is planning to invest Rs 15,000 crore over the next 5 years when it said it would launch 10 new products. Tata said it would invest in new platforms, technologies and further localise its EV vertical.

Read Here, TATA Will Probably be Buying Ford’s Chennai Manufacturing Plant

"We have always been bullish about EVs but there is a definite surge in demand right now. A number of factors are helping it. Favourable policies both from centre and states, increase in fuel prices as well as ICE vehicles post-BS-VI emission norms are working in favour of EVs," said P Balaji, chief financial officer, Tata Motors. "We have seen a 1.5-2x growth every year between FY 2017 and FY 2021. In the current financial year alone the growth is projected at 2.5-2.7x."

More News

VinFast To Invest $500 Million To Expand Tamil Nadu Facility To Manufacture Electric Buses and Scooters

Vietnamese EV leader VinFast signs MOU for $500M investment in Tamil Nadu's Thoothukudi facility, targeting electric buses and e-scooters.

05-Dec-2025 01:06 PM

Read Full News

VinFast To Invest $500 Million To Expand Tamil Nadu Facility To Manufacture Electric Buses and Scooters

Vietnamese EV leader VinFast signs MOU for $500M investment in Tamil Nadu's Thoothukudi facility, targeting electric buses and e-scooters.

05-Dec-2025 01:06 PM

Read Full News

BMW Motorrad Making Way To Launch F450 GS In January 2026

BMW Motorrad's F 450 GS debuts in India in January 2026, built by TVS with a 48 HP 420 cc twin, a 6.5-inch TFT, and ride modes. Priced at Rs 4.5-5.5 lakh, it redefines entry-level adventure riding.

05-Dec-2025 12:10 PM

Read Full News

BMW Motorrad Making Way To Launch F450 GS In January 2026

BMW Motorrad's F 450 GS debuts in India in January 2026, built by TVS with a 48 HP 420 cc twin, a 6.5-inch TFT, and ride modes. Priced at Rs 4.5-5.5 lakh, it redefines entry-level adventure riding.

05-Dec-2025 12:10 PM

Read Full News

Skoda Is Making Plans to Launch The All-new Kushaq Facelift in January 2026

The 2026 Skoda Kushaq Facelift is set to arrive with revamped styling, advanced tech features, improved comfort, and enhanced safety.

05-Dec-2025 09:34 AM

Read Full News

Skoda Is Making Plans to Launch The All-new Kushaq Facelift in January 2026

The 2026 Skoda Kushaq Facelift is set to arrive with revamped styling, advanced tech features, improved comfort, and enhanced safety.

05-Dec-2025 09:34 AM

Read Full News

Bajaj Pulsar N160 Gets Premium Golden USD Forks And Single-Seat Comfort In New Variant

The Bajaj Pulsar N160 gets a bold upgrade with gold USD forks for superior handling and a single-seat setup for daily comfort, priced at Rs 1,23,983. Available in Pearl Metallic White, Racing Red, Polar Sky Blue, and Black.

05-Dec-2025 06:16 AM

Read Full News

Bajaj Pulsar N160 Gets Premium Golden USD Forks And Single-Seat Comfort In New Variant

05-Dec-2025 06:16 AM

Read Full News

Upcoming Scooter Launches set for December: Here’s the list

December 2025 will see exciting scooter launches in India, with Suzuki, Honda, and TVS offering modern designs, practical features, and efficient options, catering to everyday city commuters and EV enthusiasts.

04-Dec-2025 05:07 PM

Read Full News

Upcoming Scooter Launches set for December: Here’s the list

04-Dec-2025 05:07 PM

Read Full News

New Bikes Launched in November 2025: All The New Models Released Last Month

November 2025 brought game-changing bikes to India: segment-first ABS on the Hero 125 cc, a neo-retro Yamaha duo, RE limited editions, and Ducati and Kawasaki superbikes.

04-Dec-2025 12:55 PM

Read Full News

New Bikes Launched in November 2025: All The New Models Released Last Month

November 2025 brought game-changing bikes to India: segment-first ABS on the Hero 125 cc, a neo-retro Yamaha duo, RE limited editions, and Ducati and Kawasaki superbikes.

04-Dec-2025 12:55 PM

Read Full News