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Tata’s PV Segment Records 180 Percent Sales Growth In May 2022

Tata Motors has been on the constant rise for the last couple of years. Its passenger vehicle (PV) division recorded 43,341 units of sales in May 2022 against 15,181 units in the same month last year. That’s a whopping year-on-year (YoY) increase of 185 percent.

PV CategoryMay 2022May 2021April 2022M-o-MY-o-Y
ICE39,88714,70539,2651.58%171%
EV3,4544762,32248.7%626%
Total Domestic PV Sales 43,34115,18141,5874.21%185%
Tata Motors May 2022 PV Sales Figures

Also Read: Honda City e:HEV Vs Tata Nexon EV MAX – Which makes more sense?

As the above table indicates, Tata Motors delivered 39,887 ICE-powered vehicles in May 2022, witnessing a massive YoY growth of 171 percent. However, the growth was minimal in terms of MoM figures. But in the electric vehicles (EVs) space, Tata records the most impressive sales figures. Its annual EV sales increased by 626 percent. Overall sales for May 2022 were up by 185 percent when compared to May 2021.

Currently, Tata Motors has seven models in its Indian portfolio. These include five ICE-powered models (Tiago, Tigor, Nexon, Harrier, and Safari) and two EVs (Tigor EV and Nexon EV). The brand has recently launched the long-range version of the Nexon EV with the ‘MAX’ suffix in India which is claimed to offer a range of 437 kilometers on a single charge. Tata is also expected to launch the CNG version of the Nexon in the near future, along with Altroz EV and petrol iterations of Harrier and Safari. Click here for more details.