How Tata Group Is Riding India's EV Revolution?

Electric mobility in India presents astronomical growth opportunities. Take a look at how the $103 billion group is steering the industry.

The future of automobiles is here.

According to a report in The Hindustan Times, global electric vehicle (EV) sales stood at 4.6 million units in 2021 surpassing hybrid car sales for the first time.

From 2022-2030, the market size for EVs is projected to grow at a compounded annualised growth rate (CAGR) of 21.7% globally, as per a market research report by Reportlinker.

The report estimates that EV sales will reach 39.2 million units by 2030.