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Tata Motors Sells less Passenger Vehicles in September, Its Nexon EV Getting Strong Demand

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Tata Motors, one of the largest automobile companies, sold 45,317 units of passenger vehicles (including EVs) last month. This is a decline of about five percent compared to the same month last year. In September last year, Tata Motors sold 47,864 units of passenger vehicles.

Although, Company Electric vehicle (EV) sales grew 57 per cent to 6,050 units. Recently, Tata Motors had reported that its total sales fell marginally to 2,43,024 units in the second quarter of the current financial year. It was 2,43,387 units in the same period last year. Shailesh Chandra, Managing Director of the company’s passenger vehicles unit, said, “Passenger vehicle sales have been strong due to new launches in the second quarter. Our EV sales continue to grow rapidly. We have offered twin cylinder CNG option in Tiago, Tigor and Punch and it is getting a good response.”

Tata Motors’ commercial vehicles sales in the second quarter Sales There has been a six percent increase to 99,178 units. EV sales are 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 48,000 units. There has been an increase of about 137 percent in this on a year-on-year basis. Tata Motors has sold 34,000 units of EV in the first half. The company has a 72 percent share in this market.

The company’s Tiago, Nexon and Tigor are among the best-selling EVs. It is followed by MG Motor and Mahindra, which have 10.8 percent and 9 percent share respectively in the EV market. The best-selling EV in the country is Tata Motors’ Tiago. It is followed by the same company’s Nexon and Tigor. Mahindra’s XUV400 is at the fourth position. Tata Motors has sold more than one lakh electric cars in the country. Recently, the company said that its electric cars have travelled approximately 1.4 billion kilometres in the country. Its Tiago EV is among the most affordable electric cars.

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