Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors’ Nexon EV continues to be preferred car across southern region

Date: 11-02-2021

Tata Motors’ Tata Nexon EV continues to expand its presence across India, exhibiting a significant growth across the southern region in India. Since its launch in January 2020, the company has registered a volume growth of over 300% in South India, commanding a market share of 77% YTD (FY21). The car is witnessing maximum acceptability in Karnataka, Kerala, Tamil Nadu, Andhra Pradesh and Telangana, across 20 cities.

This compact electric SUV is being appreciated for its design, accessibility, performance, technology and above all, its lower operating costs. This growth is attributed to increased awareness of EVs, mushrooming charging infrastructure, encouraging government incentives, busting of myths that surround EVs along with the undisputed benefits that the vehicle offers.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.