EV, petrol/diesel vehicle will cost same by 2030: Tata Motors CEO

Tata Motors CEO Shailesh Chandra predicts entry-level EVs will match petrol/diesel car prices by 2030, offering ~400 km range, as costs fall via integrated components beyond batteries, closing the current 25-30% premium gap. India's EV sales have surged past 5% market share amid rising competition from Tesla, VinFast, and others, eroding Tata's lead from 59% to 35%.
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