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Tata Motors PV Registers Highest-Ever Sales in May 2022

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Tata Motors PV Registers Highest-Ever Sales in May 2022
02 Jun 2022
min read

News Synopsis

Tata Motors has announced its sales record in May 2022. The company sold 43,341 units of passenger cars in May 2022, the highest monthly sales ever. Of these 43,341 units, 39,887 are internal combustion engines and the remaining 3,454 are electric vehicles.

In May 2021, domestic automakers were able to sell just 15,181 passenger cars. Tata Motors May 2022 vehicle sales increased significantly by 185% year-on-year. In particular, ICE PV sales in May 2022 were 39,887 units, an increase of 171% from 14,705 units in May 2021.

The performance of the company's electric vehicles has improved even further, with sales increasing by a whopping 626%. Tata Motors sold 3,454 EVs in  May 2022, but only 476 EVs were sold during the same period last year.

The company's rapid growth in EV sales can be attributed to several factors, including the launch of the new Tigor EV and Nexus EV Max. In addition, Tata Motors has recorded 4.2% growth on an MoM basis since its successful sale in April 2022.

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