Tata Motors plans to bring in new products in order to have presence in around 95 per cent of Indian passenger vehicles market by 2020, besides working on offering "electric solution" on most of its portfolio going forward. "Our resolve is that by 2020, we will cover 95 per cent of the market with various kinds of products," Tata Motors President, Passenger Vehicles Business Unit, Mayank Pareek told PTI on the sidelines of Geneva Motor Show. Commenting on drive for electric vehicles (EVs) in India, Pareek said the company believed that there was a need to strongly back electric mobility. Speaking about Tata Motors' plans for EVs, he said,"We are committed that most of the products we have should have an electric solution going forward. Also read Tata Sons raises Rs 8,989.84 crore in upsized TCS offeringCurrently, Tata Motors offers only Tigor with electric powertrain in passenger vehicles segment.

Source: dna March 18, 2018 06:33 UTC