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10,000 Electric Cars Highlight Steep Path to India’s Ambitions

Oct. 11, 2017, 12:42 PM

Prime Minister Narendra Modi has kicked off India’s race to turn all new passenger car sales electric by 2030. The largest order has gone to a company that hasn’t commercially started producing the vehicles.

Tata Motors Ltd. hasn’t sold a single electric car yet, though Chief Executive Officer Guenter Butschek says its late-mover status is an advantage at a time when technology advances are leading to a fall in costs. Tata along with Mahindra and Mahindra Ltd.—India’s sole electric carmaker that plans to boost its vehicle manufacturing capacity to 5,000 units a month—underscore the distance to be covered when compared ...