New Delhi: Indian multinational automotive manufacturing company Tata Motors will introduce an electric version of its entry-level model Tiago later this month. This will be the third electric car from the company after the Nexon and Tigor. Along with this, it can also be the cheapest electric car of the company. Although the prices will be known only at launch, but it is believed that the Tiago EV will be the company’s entry-level EV, which is still the Tigor EV.

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles said, “Today, marks a momentous occasion for us as we announce the expansion of our EV portfolio with the Tiago EV.” Let us tell you that Tata Motors is currently leading the passenger vehicle EV market in India. It has a market share of around 88 percent, with the Nexon EV topping the sales chart. Nexon EV has been the best selling electric car.

Shailesh Chandra said, “As early entrants, we have shaped the market and have seen it grow with the Nexon EV and Tigor EV. There are over 40,000 Tata EVs on the road.” Earlier this year, the company had unveiled a 3-phase approach towards building a comprehensive EV portfolio, he added. Accelerating its future journey, the company will launch 10 EVs across different product segments, body styles and affordable levels.

He said, “As a leader, we are now moving into the next phase of EV market expansion. Chandra said the automaker is committed to realizing the vision of making India the EV hub of the world. Not only Tata, other car makers are also focusing on EV.Maruti is also working on EV.While Mahindra has launched its XUV400 electric SUV on 8th September.