Pune: Tata Motors, India’s biggest automaker by revenues, on Wednesday expanded its electric cars by launching its Punch EV SUV to hit an ambitious sales mark of 1 lakh units annually next year. The Punch EV, priced between Rs 10.99 lakh and Rs 14.49 lakh at pan India showroom, rivals the MG Comet (Rs 7.98 lakh-Rs 9.98 lakh), Citroen eC3 (Rs 11.5 lakh-Rs 12.68 lakh) and Tata’s own Tiago EV that's priced at Rs 8.69 lakh-12.04 lakh. He said at present Nexon EV, Tigor EV, Tiago EV and Xpres-T EV accounted for 12 to 13 per cent of the total Tata’s passenger vehicle sales. The Punch EV is Tata Motors second electric sports utility vehicle (SUV), which will expand India’s growing compact SUV segment, selling about 85,000 cars every month. The Punch EV is the first EV in Tata Motors' lineup to have Gen 2 Pure EV platform called Acti.EV.

Source: Punch January 18, 2024 13:22 UTC