Tata Motors Chairman Chandrasekaran says hydrogen will remain key for heavy-duty CVs alongside EV push

Tata Motors Chairman N Chandrasekran said that sustainability is Group’s core vision and that the commercial vehicle maker will continue its bet on hydrogen-based technologies for heavier vehicles even as it scales its zero emission electric CVs.

“The transition to cleaner mobility requires a portfolio of electric, hydrogen and cleaner ICE technologies. While we scale the portfolio of zero emission electric CVs, we will continue to invest in hydrogen-based technologies for heavier-duty segments,” Chandrasekran said in his letter to the shareholders in the Integrated Annual Report 2025-26.

He said the drive to sustainability is guided by the ‘Project Aalingana’, which outlines the Group’s approach to planet resilience and the aspiration to reach net zero by 2045.

The company sold over 4,35,000 vehicles in FY26, compared with around 3,85,000 units in the previous year, representing 13 per cent growth.

Growth was driven by the intermediate, light and medium commercial vehicle segment, along with the small commercial vehicle and pickup segment. The heavy commercial vehicle segment recorded its highest market share in a decade at 55 per cent.

The non-cyclical business segment grew 18.2 per cent, supported by spares and services.

Chandrasekaran said the company delivered performance across segments, supported by execution and demand conditions in key markets. He added that the company continues to focus on strengthening its portfolio across commercial vehicles, passenger vehicles and electric mobility, along with technology-led transformation and sustainability initiatives.

In FY26, Tata Motors reported revenue of ₹83,855 crore, compared with ₹76,359 crore in FY25, marking a 9.8 per cent year-on-year increase

He said developments in digital technologies, artificial intelligence and the transition to clean mobility are reshaping the industry. It added that supply chain shifts and geopolitical developments are increasing the need for resilience and agility.

Chandrasekran added that the company will continue focusing on connected vehicle technologies, advanced driver assistance systems, data-driven fleet services and new powertrain development.