Tata Motors Passenger Vehicles is targeting an 18-20% market share and a double-digit Ebitda margin by FY30, while planning to invest Rs 33,000-35,000 crore across its passenger vehicle and electric vehicle operations over the next five years, according to the company’s FY26 annual report. The investment will support new product development, capacity expansion, electrification and the broader EV ecosystem as the automaker looks to strengthen its position in the country’s fast-growing SUV and electric vehicle segments. SUVs, CNG, EVs to drive growth The company, which emerged as the second-largest car manufacturer in the second half of FY26 based on Vahan registrations, expects industry growth to continue to be driven by SUVs, compressed natural gas (CNG) vehicles and EVs. Chairman N Chandrasekaran said the company was entering FY27 with a robust pipeline of launches and a multi-powertrain strategy spanning petrol, diesel, CNG and electric vehicles.