Tata Motors Achieves 10,000 Sales Milestone For Electric Vehicles
Highlights
- Tata Motors retails the Nexon EV, Tigor EV and Xpres-T electric offerings
- Tata currently holds a 70% market share in the electric vehicle segment
- Tata plans to bring more EVs in the future, notably the Altroz EV
Tata Motors has achieved a new milestone of retailing 10,000 electric vehicles to customers in the country. The company said that the first 10,000 EVs have been led by early adopters. And the encouragement is helping the automaker build a viable roadmap for the future. The automaker currently holds an impressive 70 per cent market share in the EV segment in FY2022. The sales figure though not only includes private buyers but fleet operators as well. At present, Tata retails the Nexon EV and the Tigor EV for private customers, while the Tigor-based Xpres-T is sold to fleet operators.
Also Read: Review: 2021 Tata Tigor EV
Speaking about the milestone, Shailesh Chandra, President, PVBU, Tata Motors said, "The achievement of 10,000 EVs on road is a strong testament to how our innovative electric vehicles are resonating well with customers. We are proud to have lived up to the high expectations of the early EV adopters and are thankful to them for their continued trust in the brand. These customers have laid a strong foundation for EV ownership to further expand and have created a path for other prospective buyers to follow."
Also Read: World EV Day 2021: Tata Power To Expand Charging Infrastructure To 200 Cities, 10,000 Stations
Tata Motors achieved another milestone in August this year when it crossed the 1,000 units sales for EVs in a single month. The automaker also announced the new Tata UniEVerse ecosystem recently which brings the Tata Group's synergies for electric mobility. This includes Tata Power, Tata Chemicals, Tata Autocomp, Tata Motors Finance, and Croma through an expansive e-mobility ecosystem. The company is also ramping up its charging infrastructure with 700 plus installations in 120 cities. More recently, Tata Power confirmed to carandbike that it plans to expand its network to 10,000 charging stations across 200 cities in a few years.
Last Updated on September 24, 2021
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