Tata Motors' Electric Vehicle sales grow by 6 times; 3,454 unit sale

AMAZING !!!

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“I think, the house of Tatas is blessed by God"

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This line for Ratan Tata was said by warren buffett of Indian Stock Market Rakesh Jhunjhunwala

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The Indian electric vehicle market is witnessing an expansion. With the sales chart out for the month of May 2022

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it is clear that Tata Motors has managed to take the top spot with sales of 3,454 units

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The company also registered a 6-fold YoY growth for May this year, as it could only sell 476 units in the corresponding period last year.

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Currently, the brand sells a total of three offerings in the Indian market - Nexon EV, Nexon EV Max, and Tigor EV.

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The company also registered a YoY growth of 171 per cent for its ICE vehicle lineup with sales of over 39,000 units.

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Tata Motors has recently launched the Nexon EV Max in the Indian market.

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In comparison to the Nexon EV, it offered a larger battery pack and increased range.

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The Nexon EV Max gets an ARAI-claimed range of 437 km on a full charge.

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Furthermore, the company is offering a warranty of 1.6 lakh km or 8 years on the battery and motor.

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AMAZING !!!