In the financial year 2022–2023, Tata Motors has set a specific objective of selling 50,000 Electric vehicles (EVs). According to the most recent sales data, the company appears to be getting closer to its goal.
Tata Motors sold 5,318 EVs in February 2023. It is a significant increase from the company’s January 2023 sales figures of 4,133 electric vehicles, showing the high demand for electric vehicles in the Indian market.
Additionally, the business reports state that it sold 42,852 EVs between April 2022 and February 2023. Although the financial year is still two months old, a significant figure. The company will probably reach its financial year sales goal of 50,000 EVs if it can maintain the current sales momentum.
Tata Motors has been actively promoting electric mobility in the country and has launched a range of electric vehicles in the Indian market. The company currently offers the Tata Nexon EV, Tata Tigor EV, and Tata Tiago EV in India. To meet the rising demand for environmentally friendly transportation options, it also plans to introduce more EVs in the upcoming years.
The Indian government has been encouraging electric vehicles in the country. Meanwhile, many government incentives and policies are being initiated to promote this transition. Due to this, electric vehicles in the Indian market are in great demand, and businesses like Tata Motors are poised to benefit.
Finally, Tata Motors is approaching its goal of selling 50,000 EVs in the financial year 2022-23, with 42,852 EVs sold from April 2022 to February 2023. According to the company’s sales figures, there is a growing demand for electric vehicles in India, and this trend will expand to continue in the coming years.
Sales from April 2022 to February 2023
|
Month |
Units (Sales) |
|
April |
2,322 |
|
May |
3,454 |
| June |
3,507 |
|
July |
4,022 |
|
August |
3,845 |
|
September |
3,655 |
|
October |
4,277 |
|
November |
4,451 |
|
December |
3,868 |
|
January |
4,133 |
|
February |
5318 |
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