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PV industry growth likely to moderate to less than 5% in FY25: Tata Motors, ET Auto

"We had seen a very strong growth in FY23 of 25%, which is likely to moderate in FY24 to about 8%. Therefore, we are seeing with this high base effect, and FY25 will be slightly challenging with less than 5% growth rate," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said in an analyst call.
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Tata Motors' MD Shailesh Chandra on what is stopping people from buying EVs, ET Auto

Chandra, who also heads Tata Passenger Electric Mobility (TPEM), said even as more choices are made available for customers in the electric vehicle segment in the local market by automakers, there are roadblocks where government needs to intervene.
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Tata Motors' MD Shailesh Chandra on what is stopping people from buying EVs

Chandra, who also heads Tata Passenger Electric Mobility (TPEM), said even as more choices are made available for customers in the electric vehicle segment in the local market by automakers, there are roadblocks where government needs to intervene.
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India may see 1 million EVs being sold in the next five years: Tata Motors Executive, ET Auto

"Five years back, electric vehicles used to sell just 90 units a month. Today these sell 8,500 to 9,500 units a month, which is like 100 times more...five years back the industry had sold about 2,000 cars and we are talking about already an annualised run rate this year of more than one lakh units so its a 50 times growth," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra told reporters.
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