India's Tata Motors to invest up to $4 billion over 5 years for EVs, new cars
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2025
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Source: Reuters
Investment Plans: Tata Motors plans to invest up to 350 billion rupees ($4.1 billion) over the next five years to expand its electric vehicle portfolio from eight to 15 models and enhance technology features, amidst increasing competition in India's automotive market.
Market Goals: Despite facing challenges from competitors like Mahindra & Mahindra and MG Motor, Tata Motors aims to secure a 16% market share by March 2027 and increase it to 18%-20% by March 2030, as India pushes for stricter emission norms and greater EV adoption.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
