By AUTOASTRA Editorial · 28 Sept 2026 · Electric
Tata Motors expects 15 percent market share soon and 20 percent by FY31 as EVs cross 25 percent of its sales and August EV volumes hit a record 16,549 units.
Tata Motors Passenger Vehicles expects to cross 15 percent domestic market share "very soon" and is chasing 20 percent by FY31 with 1.2 million annual sales, Managing Director Shailesh Chandra told PTI in an interview published 27 September. The company, a standalone entity since the demerger took effect on 1 October 2025, has grown nearly 40 percent over the past year and is exiting September with electric vehicles accounting for more than 25 percent of its total sales.
| Metric | Figure | Detail |
| Domestic market share target | 15 percent soon, 20 percent by FY31 | Stated by MD Shailesh Chandra |
| EV share of Tata PV sales | Over 25 percent | Exiting September 2026 |
| August 2026 EV sales | 16,549 units | All-time monthly record |
| January to August 2026 EV sales | 93,164 units | Already above full-2025 total of 81,125 |
| Monthly EV production capacity | 16,000 plus units | Doubled from 7,500 - 8,000 last year |
Chandra said demand for Tata EVs is running at roughly three times what the company can supply, and that EV penetration within its own mix would have crossed 30 percent if production could keep pace. Capacity has more than doubled to over 16,000 units a month and continues to be ramped up.
The growth plan rests on three axes: entering segments where Tata is currently absent, expanding across price points, and pushing the faster-growing powertrains. On that last front, Tata leads both the EV and CNG passenger car markets with a share higher than its overall market share. For context on how quickly electrification is spreading across the whole market, see our alternative fuel coverage, or stack Tata's EVs against rivals on the compare page.
More market share means Tata will fight harder on new segments and fresh product through the festive season and beyond. For EV buyers, the supply constraint is the practical takeaway: popular Tata EV variants may carry waiting periods deep into the festive quarter, so booking early matters if you want delivery before Diwali.
(Sources: Shailesh Chandra interview to PTI published in The Hindu, 27 September 2026; Autocar Professional, 25 September 2026. Image: Tata punch.ev, Wikimedia Commons, CC0)
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