Tata Motors Registers 12 Percent Growth in Passenger Vehicle Sales in January, Holds Top Rank in Electric Cars

Tata Motors, one of the largest automobile companies, reported a 12 percent increase in sales in January on a year-on-year basis. The company sold 54,033 units including electric vehicles (EV) last month. Its sales were 48,289 units in the same period last year.

Tata Motors’ export of passenger vehicles has also increased. In January, the company exported 400 units. This is an increase of about 32 percent compared to the same period last year. In the last few months, Tata Motors has launched updated versions of Harrier, Nexon and Safari. This has increased the sales of Tata Motors. Company Tata Motors has a major contribution in the growth of Tata Motors. The company’s growth in the EV segment has been 69 percent on a year-on-year basis. Recently, it launched the electric version of Punch. It ranks first in the electric car segment with a share of about 85 percent. The manufacturing of Tata Motors’ compact SUV Nexon has reached six lakh units.

Last year, the company also launched its electric version. It competes with Maruti Suzuki’s Brezza, Mahindra’s XUV300 and Hyundai’s Venue. Its price ranges from Rs 8.10 lakh to Rs 15.50 lakh (ex-showroom). It is available in four variants – Smart, Pure, Creative and Fearless. It has the option of 1.2 liter turbo petrol and 1.5 liter diesel engine. Its petrol engine gives a peak torque of 118 bhp and 170 Nm. There are options of 5 speed, 6 speed manual, 6 speed AMT and 7 speed dual clutch transmission (DCT) with its petrol engine. Its diesel engine gives a peak torque of 113 bhp and 260 Nm. It is available with 6 speed manual gearbox and 6 speed AMT.

The price of its electric version is between Rs 14.74 lakh and Rs 19.94 lakh (ex-showroom). It is available in three variants – Creative, Fearless and Empowered. It comes in two battery packs. Its variant with 30 kWh battery pack has a range of about 325 km. Its 40.5 kWh variant gives a range of about 465 km. Recently Tata Motors had requested the central government not to give tax exemption on hybrid cars. Toyota, a leading company in the hybrid car segment, had demanded a reduction in tax on hybrid vehicles.