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Tata Motors Records 43 Percent Growth In March 2022

  • EV sales grew by 376 percent over March 2021.
  • The ICE models witnessed 34 percent YoY growth.
  • Tata also recorded the highest ever quarterly sales of 123,051 vehicles in Q4 FY22.

The popularity of Tata cars is on the rise, and this can be seen from its ever-increasing sales figures. The brand announced that it sold 42,293 cars in March 2022, out of which electric vehicles (Nexon EV and Tigor EV) accounted for 3,357 units, which is quite impressive considering the EV market is in a very early stage in our country. The brand has also registered new personal bests in the SUV category which accounted for 29,559 units of the month’s total passenger vehicles (PV) sales.

CategoryMarch 2022March 2021YoY Growth
ICE Models38,93628,94934%
EV Models3,357705376%
Tata Motors Passenger Cars Sales In March 2022

Also Read: Tata To Unveil A New EV Concept On April 6

Tata Motors has also announced that they have recorded the highest ever quarterly sales of 123,051 vehicles in Q4 FY22, a growth of 47 percent against the fourth quarter of the fiscal year 2021.

Commenting on the brand’s performance in the Indian market, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “Tata Motors set several new records in a challenging year, disrupted by two waves of Covid, a semi-conductor crisis, and a steep increase in commodity prices. We posted the highest ever annual, quarterly, and monthly sales, supported by strong demand for our New Forever range and agile actions taken on the supply side. We recorded the highest ever annual sales of 370,372 units, registering a growth of 67% vs FY21. Despite the shortage of certain electronic components, we posted the highest ever quarterly sales of 123,051, a growth of 47% vs Q4FY21. We ended the financial year with the highest ever monthly sales of 42,293 units, a growth of 43% vs. March’21, and the highest ever SUV sales of 29,559 units. EV sales continued to witness rapid growth in demand on the back of strong acceptance of Nexon EV and Tigor EV. Our annual EV sales touched 19,106 units, a growth of 353% vs FY21. Quarterly sales of EVs were highest at 9,095 units, a growth of 432% vs Q4FY21 and EV sales for March’22 was also the highest at 3,357 units, a growth of 377% vs Mar’21. Going forward, the semi-conductor situation remains uncertain. We will continue to monitor the evolving situation closely and are refining our agile, multi-pronged approach to continue to fulfill customer orders.”