Shailesh Chandra: ‘Chip shortage global issue, prioritisation to industry key’
Tata Motors launched its sub-compact SUV at a starting price of Rs 5.49 lakh. While the company has been witnessing growth in demand for its vehicles, Shailesh Chandra, president, PV business unit, Tata Motors told Sandeep Singh that the challenge will remain on the supply side because of the semi conductor shortage. Stating that the company is considering and actively looking into Punch EV, Chandra said that EVs will have a double digit penetration over the next 5-6 years.
What is the kind of demand you are receiving and will you be able to meet it?
We have 14 days of understanding of how bookings are trending. The demand we have seen is strong and is more than what we were anticipating.