Tata Motors sets new sales records in electric vehicle, passenger vehicle, SUV segments
Tata Motors has announced its sales figures for the month of May. The Indian car manufacturer has achieved numerous milestones in sales as the automobile sector struggles to keep up with demand. In the passenger vehicle (PV) segment, Tata Motors registered a YoY growth of 185 percent in the month of May 2022. Tata sold a total of 43,341 units of PVs in the month of May 2022. In comparison, the brand had only sold 15,181 units in May 2021. Tata’s total domestic sales (including passenger vehicles and commercial vehicles) reached a staggering 74,755 units, which is a growth of 204 percent.
Total Domestic Sales
Category
May 2022
May 2021
% change
(Y-o-Y)
Total Domestic Sales
74,755
24,552
204%
The company has registered an uptick in both the ICE-powered PV segment and electric powertrain. In the ICE segment, Tata Motors registered a growth of 171 percent with sales of 39,887 units in May 2022. In comparison, it had only sold 14,705 units in May 2021.
The EV segment is where Tata has shined the most. The company has registered a whopping 626 percent growth in May 2022 compared to the same period last year. In May 2021, Tata had sold 476 units, whereas this year in May, it sold 3,454 units. This is the highest sales the company has achieved in the EV segment in a month.
The company has also made a record in overall PV sales in a month. Since its inception, Tata Motors has recorded the highest sales figure of 43,341 units. This includes PVs and EVs.
Passenger Vehicle sales
Category
May 2022
May 2021
% change
(Y-o-Y)
PV ICE
39,887
14,705
171%
PV EV
3,454
476
626%
Total PV Domestic
43,341
15,181
185%
The company has also set a new record for some of its popular SUVs in the market. The Tata Nexon has registered the highest sales to date and the company claims it has become the best-selling SUV in India. The monthly sales boost in the SUV segment can also be seen with the bigger SUVs offered by Tata Motors. The Tata Harrier and Tata Safari registered the highest ever sales since their launch.
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