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Tata Motors will invest $4.5 billion to expand EVs and aims for a 20% EV sales share by 2027.
Tata Motors plans to invest ₹35,000 crore over five years to boost its passenger and electric vehicle (EV) offerings, targeting 40% market share in commercial vehicles by 2027.
The company aims for EVs to make up 20% of its passenger vehicle sales by 2027, rising to 30% by 2030.
It will introduce seven new models and 23 product refreshes, expanding its product range and investing in advanced technologies and charging infrastructure.
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Tata Motors invertirá $ 4.5 mil millones para expandir los vehículos eléctricos y tiene como objetivo una participación de ventas de vehículos eléctricos del 20% para el año 2027.