Tata Motors, one of India’s largest carmakers, has seen a huge profit in the sales of electric vehicles in the last month of 2021. Due to the rapidly increasing popularity and demand for electric vehicles in the country, Tata Motors has benefited from the sale of electric vehicles. Since the festive season, the company has seen a tremendous increase in the sales of electric vehicles, which remained intact till the last month of last year i.e. December 2021.
record increase in sales
Tata Motors has seen a record increase in the sales of electric vehicles in December 2021. The company sold a total of 2,255 units of electric vehicles last month. If this sales figure is compared with the sales of December 2020, then in the last month of 2020, the company sold a total of 418 units of electric vehicles. In such a situation, on a year to year basis, the company sold a total of 1,837 units more in December 2021 than in December 2020. Due to this the company saw a record 439% growth in sales on year to year basis.
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Crossed 2,000 mark for the first time
This is the first time that Tata Motors has sold more than 2,000 units of electric vehicles in a month, which is a big deal for the company. Earlier in November 2021, the company had sold a total of 1,751 units of electric vehicles. In such a situation, with the sale of 2,255 units in December 2021, the company has seen a 29% increase in sales on month to month basis.
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Tata’s electric vehicles are booming in the market
The reason for the record increase in the sales of electric vehicles of Tata Motors is the company’s two famous electric vehicles Nexon EV and Tigor EV. At present, the Nexon EV is the best selling electric car in the country. Also people like Tigor EV very much. Looking at the success of these two electric vehicles, the company is soon going to launch its new electric vehicles Punch EV and Altroz EV in the market as well. Also, an updated version of the Nexon EV will soon hit the market, which will further strengthen the company’s hold in the electric vehicle market in the country.
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