Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles & Tata Passenger Electric Mobility
The Indian Automaker Tata Motors stated on Tuesday that there would be no immediate impact of rare earth magnet scarcity on his vehicle portfolio.
“Between the inventory, alternative sources, I believe that things are going well. We will have to wait for how to continue. There are no panic buttons yet. In terms of implications on the magnet and some of the electronic components, it is a combination of inventory and alternative sources, but there is another problem to treat. Mumbai.
Tata Motors said it wants to maintain a market share of 50 percent in electric vehicles (EVs). Furthermore, the company pointed out that the Indian passenger vehicle (PV) industry had witnessed Gedempte Growth in early 2026. The company stated that they are immediately on the right track with EV launch.
“There is a lot and a series of internal actions that make us comfortable not to change one of our launch plans. If there is a significant deterioration of the rare Earth magnet, then we can move, but we have no trigger to change our plans at this stage. We have launched Harrier EV. Vehicles and Tata passer.
Furthermore, the Demerger of the commercial vehicle (CV) and PV segments of Tata Motors will be completed in FY26. From 1 July the balance will be split into two.
The company also pointed out that the hybrid tax benefit has delayed EV growth.
“One of the states that has implemented, I looked at the data, from the moment that this was implemented until the time we talk now, at Pan-India level, EV penetration has improved from 2 percent, 2.5 percent to 4 percent, while that state has remained at 1.5 percent. Our focus is EV.
CV expansion
The CV segment of TATA Motors has entered into new international markets with targeted vehicle offerings.
“In Africa Bezuiden The Sahara is our focus to keep our presence. There are green shoots on the horizon; we see that demand is gradually coming back to Bangladesh, although it is still at a much lower level than pre-covid levels. In Western Azia, Qatar has seen good growth in buses. The launch of a ray-to-tight.
Published on June 24, 2025
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