Tata Motors Register its Best Monthly Sales in November, SUVs Getting Strong Demand

Global automobile company Tata Motors has achieved its highest monthly sales in November. With this it has reached close to the second position in the country’s automobile market. It is giving tough competition to Hyundai Motor which is in the second position in this market. SUVs have a major share in Tata Motors’ sales.

The company’s Managing Director, Sailesh Chandra said that SUVs like Nexon, Harrier and Safari have helped Tata Motors achieve its highest monthly sales. Tata Motors launched the new Nexon and Nexon EV before the festive season. Last month the company’s sales were around 53,000 units. This is an increase of about 30 percent on a year-on-year basis and about eight percent compared to the previous month. Chandra said that in this year’s festive season which lasted for 47 days, the company has sold 79,374 units. This is an increase of 18 percent compared to last year’s festive season. He said that the company’s annual sales record could be made in the current year.

Tata Motors plans to install around 10,000 charging stations for electric vehicles (EV) in the next two years. The company has tied up with operators like Chargezone, Glida, Statiq and Zeon for this. It ranks first in the EV segment in the country. It has a large EV There is also a charging network. The company has sold more than 1.15 lakh electric vehicles in the country.

Chargezone, Glida, Statiq and Zeon have around 2,000 charging stations in various cities of the country. The tie-up with Tata Motors will increase this number to around 12,000. Tata Motors has three electric cars – Nexon EV, Tigor EV and Tiago EV. It plans to launch three more electric vehicles in the next one year. Tata Motors’ commercial vehicle sales in the second quarter grew by six percent to 99,178 units. EV sales have been growing rapidly. The EV market in the country has doubled in the first half of the current year compared to the same period last year. Recently, market research firm Canalys had reported that EV sales in the first half were around 48,000 units. It has increased by about 137 percent on a year-on-year basis.