Tata Motors to sell 50,000 units of EV during 2022-23

Tata Motors aims to sell 50,000 units of electric vehicles (EVs) during 2022-23.

Further, the company plans to double it to 100,000 units in 2023-24. Notably, Tata Motors sold around 19,100 units of EVs in 2021-22. The company’s performance is expected to improve during 2022-23 as the overall supply situation, including that of semiconductors, is gradually improving and commodity prices are stabilising.