In India, the electric car lineup from Tata Motors has produced 50,000 units. The Nexon EV Max was the 50,000th electric vehicle to leave its Ranjangaon, close to Pune, manufacturing facility. The Nexon EV, Tigor EV, Tiago EV, and the fleet-only Xpres-T EV are the company’s current four electric vehicles.
Sales Breakdown for Tata EV
Given the escalating costs of conventional fuels, it is not surprising that the adoption of electric vehicles has increased recently. Tata Motors, which operates at the more cheap end of the range, has been quick to seize the opportunity and today holds an unheard-of dominance in the EV market.
The firm sold 15,518 units of all of its electric vehicles in the first half of FY2023 (April-September 2022), giving it a commanding 85.53 percent market dominance. A monthly average of 2,586 units results from this. The company sold 19,105 units in total in FY2022; the first half of FY2023 has already surpassed that amount by 81%.
EV Timeline of TATA Motors
The company’s broad and varied offering of items is another factor in its success. The Tigor EV, the automaker’s first EV, was released in June 2019 although at the time was only offered to fleet operators. The Nexon EV, which was introduced in January 2020, was the vehicle that really inaugurated Tata’s EV strategy, even if the electric compact sedan was later made accessible to private purchasers. The Nexon EV quickly attracted early adopters due to its SUV-like design and status as the first EV with a practical driving range.
The Tigor EV was subsequently improved in 2021 with a larger battery, longer range, and more power, making it more desirable. This update also applied to the fleet-only Xpres-T.
Tata also updated the Nexon EV with a longer-range and better-equipped Max variant earlier in May of this year. Although significantly more expensive than the original Nexon EV, the Max model improved practicality, making it possible to drive the car for outstation journeys.
The most affordable EV currently for sale in India is the Tiago EV, which Tata recently introduced at a starting price of Rs 8.49 lakh. The Tiago EV is the final of Tata’s initial wave of electrified cars, which were swift conversions of pre-existing ICE platforms to electric vehicles in a cost-effective manner. Deliveries are expected to start in January 2023. Tata presently offers electric vehicles in the areas of entry-level hatchback, compact sedan, and compact SUV.
Upcoming EV by Tata Motors
Tata Motors will be releasing more electric vehicles in the future based on its Gen-2 design, which will include the business employing ICE platforms that already exist but significantly upgrading them to fit electric vehicles, such as adapting them to have a flat floor.
Tata Motors has already stated that there will be four Gen-2 products, which means that the Altroz, Punch, Sierra, and the production version of the Curvv will most likely be the four EVs in the next stage of Tata’s electrification. The Avinya concept has shown what born-electric vehicles built on a skateboard architecture could eventually look like.