Punch EV will not cannibalise our other electric car sales but will be category creator: Tata Motors MD - News Summed Up

Punch EV will not cannibalise our other electric car sales but will be category creator: Tata Motors MD


Shailesh Chandra, Managing Director (MD), Tata Motors Passenger Vehicles Limited & Tata Passenger Electric Mobility Limited (TPEML)Tata Motors’ Punch packs a wallop. Story continues below Advertisement Remove AdIn a virtual interaction with the media, Shailesh Chandra, Managing Director (MD), Tata Motors Passenger Vehicles Limited & Tata Passenger Electric Mobility Limited (TPEML), pointed out that in India, 60 percent-plus buyers are less than 35 years of age and are tech-savvy. The Punch EV, which is now making its way to local dealerships, will be offered in five variants: Smart, Smart+, Adventure, Empowered and Empowered+. But Punch EV is a unique product that is coming in,” noted Chandra. Meanwhile, Tata Motors expects the EV industry sales growth in the country to moderate to 40-45 percent this year with the base becoming bigger.


Source: Punch January 30, 2024 18:00 UTC



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