Automobile company Tata Motors expects 20 percent of its total passenger vehicle sales in the domestic market to come from electric vehicles (EVs) in the next three years. A senior company official gave this information on Thursday.
The company expects to touch the 50,000 unit mark in total EV sales this year. Tata Motors has electric models like Nexon EV and Tigor EV. It is also working on flex-fuel (fuel prepared from a mixture of gasoline and methanol or ethanol). The company's product portfolio is expected to be E20 (20 percent ethanol) compliant by 2025.
Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, told reporters on the sidelines of SIAM's annual conference in response to a question on the level of EV sales, "currently the presence of electric vehicles is between eight and 8.5 per cent and our About 25 percent of the models are electric.
When asked how "the company sees the level of EV penetration in its passenger vehicle portfolio in three years," he said, "I think it is heading towards 20 per cent."
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