Tata Motors Sees Record EV Sales At 2,255 Units In December 2021
Highlights
- Tata Motors posted record EV sales of 2,255 units in Dec 2021, up by 439%
- The company sold a total of 5,592 EVs in Q3 FY22
- Tata's PV sales stood at 35,300 units last month, up by 50%
Tata Motors has witnessed a strong response for its electric vehicles in India, which includes Nexon EV and Tigor EV, in December 2021. The homegrown automaker posted record EV sales last month that stood at 2,255 units, registering a whopping 439 per cent growth compared to 418 units sold in the same month in 2020. The carmaker sold a total of 5,592 EVs in Q3 FY22, as against 1,256 units in Q3 FY21, which is a hike of 345 per cent.
Also Read: Tata Motors Surpasses Hyundai To Become No. 2 Carmaker In India
Speaking on the EV sales, Shailesh Chandra, President, PVBU -Tata Motors said, "EV penetration touched 5.6 per cent of PV Sales during the quarter versus 1.8 per cent in the same period last financial year. EV sales also touched 10,000 units in 9MFY22 and crossed the 2,000 monthly sales landmark for the first time in December 2021. 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."
Tata Motors also surpassed Hyundai India to become the second largest-selling carmaker last month. Compared to 23,545 units sold in December 2020, the carmaker has registered 50 per cent Year-on-Year (YoY) growth. The company also sold 3.31 lakh units in the 2021 calendar year, the highest-ever annual sales for the automaker. The spike in sales comes despite production constraints and challenges amidst the semiconductor chip shortage.
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