1 min read.Updated: 06 May 2022, 08:25 AM ISTLivemint
The launch of electric ACE further underlines Tata Motors' strong focus on the EV space, said Jefferies
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Jefferies continues to like Tata Motors' EV strategy, which it believes should boost its market share as electric vehicle (EV) adoption rises. : India is in nascent stages of electrification with EVs forming just ~1% of passenger vehicles. Tata has taken an early lead though with EVs now contributing ~7% of its India PV volumes CYTD.