Tata Motors Passenger Vehicles Posts Record Annual Sales of 642,000 units, EV Growth Surges 43%

Tata Motors Passenger Vehicles Ltd. (TMPVL) achieved its highest-ever annual sales of 642,000 units, marking a 15% year-on-year growth, nearly double the industry growth of 8%. The company also solidified its presence in the domestic market, rising to the #2 spot in wholesales and Vahan registrations in H2 FY26, while international sales rebounded with over 10,000 units, aided by its re-entry into the South African market.

“FY26 has been a landmark year marked by multiple milestones. We achieved our highest-ever annual sales volumes of over 6.4 lakh units, delivering industry-beating growth of 15% YoY and ended it with strong positive momentum. Our emission-friendly powertrains delivered industry-leading performance in CNG with sales exceeding 1.7 lakh units during the year (24% YoY growth). In EVs, we further strengthened our leadership position with our sustained focus on strengthening the value proposition and holistically addressing adoption barriers,” Shailesh Chandra, MD & CEO, Tata Motors Passenger Vehicles Ltd., said. 

The company’s electric vehicle (EV) business continued to accelerate, with FY26 EV sales surpassing 92,000 units, recording a robust 43% YoY growth. Q4 alone saw ~27,000 EV units sold, up 69% compared to Q4 FY25, with retail numbers reaching an all-time high of 11,000+ units and wholesales at a record ~9,500 units in March 2026. This growth reflects Tata Motors’ ongoing focus on expanding the value proposition for EVs and addressing adoption barriers, strengthening its leadership in electric mobility, according to the company. 

“The quarter marked our highest-ever EV sales, with volumes of ~27,000 units, registering a sharp 69% YoY growth. Nexon and Punch emerged as the highest-selling SUV models in H2, underscoring the strength of our SUV portfolio. Our recent launches continue to see progressive growth in customer traction across bookings, enquiries, and deliveries,” Chandra adds.

Tata’s CNG vehicles also outperformed the industry, with sales of ~1.72 lakh units, a 24% increase over FY25, driven by growing consumer preference for emission-friendly powertrains. The company’s hatchbacks and other models also contributed to strong H2 FY26 momentum, which saw 28% growth, significantly outpacing the broader market.

In addition to the SUVs, recent launches including the Sierra, refreshed Punch, and petrol versions of Harrier and Safari saw strong traction in bookings, enquiries, and deliveries, demonstrating the impact of Tata Motors’ diversified product portfolio.
Looking ahead, TMPVL expects industry momentum to continue, led by SUVs, CNG, and EVs. The company also noted that geopolitical developments will need close monitoring to mitigate potential supply-side risks.