Chinese EV manufacturers are preparing to challenge Tata Motors’ dominance in India.

The Financial Express reported on Tuesday that Tata Motors, which leads the electric passenger vehicle industry in India with a market share of approximately 85%, will face competition this year from two Chinese companies trying to gain one-third of the local EV market.

The Chinese-owned British brand MG Motor and China’s largest EV manufacturer BYD are expanding their operations to challenge India’s dominance in the developing market. According to the FE report, MG Motor is aiming to sell 20,000-24,000 EVs this year. MG is also planning to launch an affordable EV this year, with a price tag of Rs 10-15 lakh.