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Not Perturbed With EV Market Share Loss In Short Term | Shailesh Chandra | Tata Motors

Not Perturbed With EV Market Share Loss In Short Term | Shailesh Chandra | Tata Motors

Chetan Bhutani
Chetan Bhutani
  • New Delhi,
  • May 22, 2025,
  • Updated May 22, 2025, 5:47 PM IST

Chetan Bhutani spoke with Shailesh Chandra of Tata Motors, on the sidelines of the new Altroz launch. Chandra highlighted strong growth in SUVs, rising from 29% to 55% market share, and increasing traction in the premium hatchback segment, driven by rising household incomes. He noted that short-term EV market share pressure is partly due to fleet segment dynamics and recent competitor launches, but Tata Motors aims to sustain a 50% market share and grow volumes steadily. He added that the India-UK trade pact is a positive milestone, and expects FY26 to mirror FY25 in terms of growth and adds that Tata motors expects a industry beating growth.

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