Tata Motors Achieves Record Sales, Driven by EV Growth

Tata Motors Achieves Record Sales, Driven by EV Growth.webp

New Delhi, Apr 1 Tata Motors Passenger Vehicles Ltd reported a 29 per cent increase in total sales at 66,971 units in March 2026 compared to 51,872 units in the same month last year.

Sales of passenger vehicles (PVs) in the domestic market stood at 66,192 units compared to 51,616 units in the same month last year, representing a 28 per cent growth, Tata Motors Passenger Vehicles Ltd said in a regulatory filing.

Sales of international business PVs jumped over three-fold to 779 units last month compared to 256 units in March 2025, it added.

Total sales of electric vehicles last month stood at 9,494 units compared to 5,353 units in the previous year, representing a 77 per cent increase.

For FY26, total sales were at 6,41,587 units compared to 5,56,263 units in FY25, representing a 15 per cent growth, the company said.

Commenting on the performance, Tata Motors Passenger Vehicles Ltd MD and CEO Shailesh Chandra said that for the company, FY26 has been a landmark year marked by multiple milestones.

"We achieved our highest-ever annual sales volumes of over 6.4 lakh units, delivering industry-beating growth of 15 per cent year-on-year and ended it with strong positive momentum, emerging as the number 2 ranked player in the industry based on Vahan registrations in H2," he said.

The company also "recorded strong international business volumes of over 10,000 units, driven by our re-entry into South Africa," he added.

On the overall industry, he said, "PV industry sales are expected to reach record volumes of 4.7 million units for the year, reflecting 8 per cent year-on-year (YoY) growth."

The industry witnessed a strong rebound in the second half, posting double-digit growth, supported by the implementation of GST 2.0 and a robust festive season, he added.

Customer preference for greener technologies gained further momentum, with CNG volumes growing at 2 per cent YoY and EV volumes surpassing the milestone of 2 lakh units, he added.

"This growth was driven by improving consumer confidence in EVs and wider participation with all major OEMs launching new products, offering more choice," Chandra said.

Looking ahead, he said that industry momentum is expected to sustain, led by growth in SUVs, CNG, and EVs.

"At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks," Chandra said.

For Tata Motors Passenger Vehicles, he said, "We expect to build on the strong momentum of H2 and continue to deliver industry-beating growth in FY27, supported by recent launches, a strong pipeline of new products, and established multi-powertrain strategy."
 
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cng vehicles domestic market electric vehicles ev market fy26 sales gst 2.0 india international business march 2026 passenger vehicles sales supply chain risks suv market tata motors vehicle registrations
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