Tata Motors, India’s leading electric vehicle manufacturer, plans to leverage locally-produced batteries to maintain its competitive edge as new entrants like JSW MG Motor, Mahindra & Mahindra, and Hyundai Motor launch their EVs in India.
Despite government efforts to promote electric vehicles (EVs), including reduced import duties and state-level incentives, EVs currently hold just a 2% market share in India. Challenges such as inadequate battery life, insufficient charging infrastructure, and theft-prone chargers deter buyers, creating a scenario that impedes EV adoption
