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indian media: to solve performance and other problems, india's tata motors will purchase electric vehicle batteries from chinese companies

2024-08-29

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source: huanqiu.com

[global times reporter li ziyu] india's economic times quoted livemint website on the 28th as saying that tata motors, india's largest integrated automobile company, will purchase electric vehicle batteries from chinese companies to solve performance problems and diversify its supply and technology base.


tata motors profile picture from foreign media

the economic times said that tata motors currently sells a range of electric vehicles in india, accounting for more than 60% of the electric vehicle market in india. according to the indian business standard, this marks a change in tata motors' previous strategy of purchasing battery packs only from its group company tata automotive systems ltd.

the business standard also said that tata motors' decision was in response to challenges in the electric vehicle market and aimed to address performance issues such as declining battery power in early models.

according to a previous report by the global times, many car companies have begun to launch electric models in the indian market. data shows that the indian electric vehicle market has shown certain growth in the past two years. according to the website of research company counterpoint, electric vehicle sales in india almost doubled in 2023 and are expected to grow by 66% in 2024, reaching 4% of total passenger car sales. by 2030, electric vehicles in india are expected to account for nearly 1/3 of the indian market.