Tata Motors’ EV arm turns Ebitda positive despite dip in sales and market share

Tata Motors’ EV business achieved a positive Ebitda margin in FY25, joining a select group of global EV manufacturers. This milestone was reached despite a dip in EV sales and market share due to increased competition. Improved profitability was driven by localization, cost reduction, and government PLI benefits, positioning the company for future growth in the EV market.