Tata Motors Plans ₹160–180 Billion EV Investment Push

Targeting 1 million charging points by 2030, Tata Motors aims to expand public and private EV charging infrastructure nationwide.

Tata Motors Ltd has announced an investment plan of ₹160–180 billion for its electric vehicle business, signalling a renewed push to scale products, platforms and supporting infrastructure as India’s EV market becomes increasingly competitive.

The investment will be deployed between FY25 and FY30 into Tata Passenger Electric Mobility Ltd and will focus on EV specific architectures, manufacturing capacity and product development. The move marks a shift from early category creation to execution at scale, with electric vehicles steadily moving into the mainstream.

The company also confirmed the launch of its premium EV brand, Avinya, by late calendar year 2026, beginning with a premium SUV positioned above the Harrier EV. The Avinya brand was previewed earlier this year at the Bharat Mobility Show. In addition, Tata Motors plans to introduce five new electric models by FY30, including the Sierra EV and a refreshed Punch EV, both scheduled for launch in 2026, alongside regular updates to its existing EV range.

Tata Motors has crossed cumulative EV sales of 2.5 lakh units in India. Shailesh Chandra, Managing Director and Chief Executive Officer of Tata Motors Passenger Vehicles Ltd, said the milestone validated the company’s long term commitment to electrification, adding that the next phase of growth would be driven by portfolio expansion rather than short term volume gains.

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Looking ahead, Tata Motors is targeting a steady state EV market share of 45 to 50%. The company and its group entities are also aiming to establish one million charging points by 2030, including 100,000 public chargers, while developing a broader EV ecosystem covering battery reuse, energy storage and specialised service infrastructure.

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Vidushi Saxena
Vidushi Saxena
Vidushi Saxena is a Journalist at EFY, with a strong interest in news reporting, in-depth research, and developments shaping the business and technology landscape.

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