Tata Motors has declared that by 2025, it will launch 10 electric vehicles in India!
Tata Motors does remind us about the popularity of Nexon EV. The Nexon EV, which sells over 500 units each month in India, is the company’s best-selling electric vehicle.
In December 2021, Tata Motors became the second-largest seller of passenger automobiles in the domestic market for the first time in nearly a decade.
Not only did December 2021 have the best monthly sales of all time, but October to December 2021 saw the biggest quarterly sales of all time, as well as the highest annual sales since the company’s foundation in 2021.
Tata Motors Passenger Vehicle Business Sets New Milestones!
In December 2021, NSE 2.55 per cent delivered roughly 35300 units, compared to 32312 units dispatched by Hyundai Motor India. Tata Motors shipped about 99000 automobiles from October to December, bringing the total number of vehicles sold in 2021 to 3.31 lakh.
“Decade high quarterly and monthly sales- 99,002 units in Q3 FY22 (growth of 44% vs Q3 FY21) and 35,299 units in Dec ’21 (growth of 50% vs Dec’ 20) were recorded. In addition, the company also posted calendar year sales of 3,31,178 units (CY21), the highest ever since the inception of the PV Business. The overwhelming market response to Tata Punch launched in Oct ’21 is further boosting demand for the company’s “New Forever” range of cars and SUVs,”
Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd.
“HMI has registered a healthy growth of 19.2 % in CY 2021 in the domestic market over last year’s sales performance. We will continue to drive customer delight with the introduction of smart mobility solutions pegged on the tenets of Intelligent Technology, Innovation and Sustainability,” added Garg.
Tata Motors EV Sales
Tata Motors has launched the new Tigor EV in India with ex-showroom prices starting at Rs 11.99 lakh for the base XE variant and going up to Rs 12.99 lakh for the range-topping XZ+ (O) variant. Tata Motors has declared that by 2025, it will launch 10 electric vehicles in India!
Tata Motors does remind us about the popularity of Nexon EV. The Nexon EV, which sells over 500 units each month in India, is the company’s best-selling electric vehicle.
The company also reported record electric vehicle sales of 2255 units, bringing the quarterly total to 5,592 units; as a result, EV penetration reached 5.6 per cent of PV sales during the quarter, compared to 1.8 per cent in the same period the previous financial year.
According to the corporation, EV sales reached 10,000 units in 9MFY22, and for the first time in Dec ’21, they surpassed the 2,000 monthly sales milestone.
“The ever-increasing demand for Nexon EV and Tigor EV, as well as the progressive revival of the EV fleet segment, were instrumental in driving this steep growth. Going forward, semiconductor supplies will remain the key source of uncertainty. Additionally, the impact of the new strain of Covid needs to be closely tracked. We will continue to work on a business agility plan and take proactive actions to mitigate these risks,”
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