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12th June 2024, 18:12
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Tata Motors? CNG car income much than doubled successful FY2024
Tata Motors registered a monolithic maturation successful its CNG conveyance income successful FY2024. The carmaker sold 91,000 units, up from astir 41,000 units successful the erstwhile fiscal, a 120% growth.
Interestingly, CNG models outsold the brand’s EVs. Tata’s electrical conveyance income accrued by 48% from 50,000 units successful the erstwhile fiscal to astir 74,000 units successful FY2024. The best-selling electrical exemplary of FY2024 was the Tiago.ev.
According to the company, CNG and EV models accounted for astir 29% of the full income of implicit 5.73 lakh units successful FY2024. The cumulative stock of CNG and EV models accrued by 17% compared to the erstwhile fiscal. The stock of EVs grew from 9% to 13%, portion that of CNG models doubled from 8% to 16%. The stock of petrol and diesel models dropped to 71% successful FY2024.
Tata Motors presently offers a wide scope of CNG and pure-electric vehicles. Models similar the Tiago, Tigor, Altroz and Punch are disposable with Tata’s duplicate CNG cylinder technology. The brand’s EV portfolio has besides been expanding and includes the Tiago.ev, Tigor.ev, Punch.ev and Nexon.ev.
Source: Car and Bike
