• EV demand surge: Bookings for Tata Motors' EVs jumped three times compared to January levels, driven by the Mideast crisis as consumers seek to cut fuel costs and rising confidence from top players entering the market.
• Supply ramp-up: The company cannot fully service the current demand despite supplying twice the volume of a year ago, though supplies are scheduled to increase further starting this month.
• Entry-level EV growth: Entry segment offerings like the Punch EV and Tiago EV are seeing strong growth, with demand increasing six to seven times ahead of the Punch EV facelift launch.