It’s time for monthly report cards once again, and this time around it seems as if Tata Motors has taken the top spot. Clocking impressive numbers across all segments including the EV segment, Tata Motors have overtaken both Hyundai and Maruti this month. Here’s a detailed look into Tata Motor’s November Sales Report.
The Electric Insight
While other OEMs are still working their way into the EV market, Tata is one of the very few names that currently hold the electric monopoly in terms of passenger vehicles. And thanks to pro EV policies, ever-improving infrastructure and rising consumer awareness, the passenger EV segment has grown, directly benefiting Tata Motors.
In November 2021, the OEM’s EV sales stood at 1,751 units; a number substantially higher than the 413 units the company managed to sell last year. And despite the number not being too high, it still is a big leap when it comes to electric vehicles. Two capable offers; the Nexon EV and the Tigor EV, backed by Tata Power’s charging infrastructure, EVs have surely played their part in making Tata Motors a topper this month.
The ICE and CV Insights
Not just EV, the passenger vehicle segment to has scored. The OEM reportedly sold 29,778 units of PV last month; a figure that is 8,137 units up from what the brand managed to sell in November last year. With a YoY sales growth of 37.60 %, ICE vehicles clocked about 28,027 units out of the total sales. Best-sellers include the people’s favourite Tata Nexon, Safari, Tiago, Altroz, Harrier and even the newcomer Punch.
And that’s not all, even the Commercial Vehicle sales were impressive. While the Commercial Vehicle export almost doubled, the domestic sales too were up by a YoY growth of 8%. In all, Tata Motors has truly passed with flying colours when it comes to November 2021.
However, when compared to October 2021, MoM sales fell by 12.22 % with the brand selling 4,147 units less in November 2021 than what it managed to sell in October 2021. However, the credit of this decline in MoM sales can be attributed to the positive consumer sentiments that are attached to all the festivities that happen to be in October this year.