EV sales up four-fold in the month.
Tata Motors clocked 41,587 units in domestic sales in April 2022, registering a significant 66 percent year-on-year growth compared to 25,095 units sold in the same month last year.
Out of the total volumes, Tata’s internal combustion models sold 39,265 unit (April 2021: 24,514 / +60%), while its electric drivetrain models including the Nexon EV, Tigor EV and Xpres-T, went home to 2,332 buyers – a four-fold growth over 581 units clocked in April last year.
Despite global supply chain constraints, Tata Motors has been agile in its planning and management of the crisis situation over the last one year, making it post a noteworthy performance in FY22, with a record 67 percent growth in fiscal 2022. The carmaker had clocked 370,372 units in FY22, significantly growing its volumes over 222,025 units sold in FY21.
The company recently unveiled two brand-new concepts – Tata Curvv – which will spawn a future electric and ICE SUV – as well as the Tata Avinya – that will give birth to midsized SUVs in a pure-EV architecture with an aim to offer driving range of over 500km on a single charge. The first SUV based on the Avinya will arrive in market by 2025.
Tata Motors is bullish about maintaining its momentum, and is gearing up to bolster capacity to clock 500,000 units in FY23, an average of about 40,000 units per month in the ongoing fiscal.
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