Tata Motors aims for double‑digit EBITDA margin and over 30% EV mix by 2030

Tata Motors has set a profitability benchmark of double‑digit EBITDA margins for its passenger‑vehicle segment, with the aim of delivering an EBIT margin of more than 5 %.

A key component of the earnings push is the accelerated rollout of electric vehicles (EVs). The automaker expects EVs to constitute over 30 % of its total passenger‑vehicle sales by the end of the decade.

The company’s EV strategy is intertwined with the ₹40,000 crore investment plan, which will fund new battery‑compatible platforms and the scaling of local supply chains.

Alongside the EV push, Tata plans to introduce six new models and refresh a suite of existing ones, ensuring a balanced mix of conventional and electric offerings to capture diverse consumer preferences.

Meeting these margins and the EV‑share target is expected to drive the PV business revenue to ₹1.4 lakh crore by FY 2031 while generating a free cash flow of ₹10,000 crore.