H1-2022 registered highest ever half-yearly Battery Electric Vehicle sales of 20,440 units. June 2022 is the all-time best sales month with 4,451 units. Tata Motors command 92% Indian BEV market share. Tata Nexon EV is best selling product followed by Tata Tigor EV.
Battery Electric Vehicle market
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June 2022 reached to an all-time high sales of 4,451 units
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H1-2022 witnessed record BEV sales of 20,440 units
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BEV market share shot up to 1.1% total PV sales in India
Body style Mix
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SUV/Crossover body styled products command 73% share
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Improved Tata Tigor EV launched in H2-2021 scaled sedan share to 27%
Manufacturer
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Tata Motors command 92% market share followed by MG Motors 6%, rest are fringe players as of now
Product-wise Analysis
Tata Nexon EV (Local production with imported battery cell)
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With larger battery pack Nexon EV Max introduced recently took the finally tally to an all-time high of 3,070 units
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Tata Motors sold 13,280 Nexon EV in H1-2022
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Nexon EV command 65% market share in H1-2022
Tata Tigor EV (Local production with imported battery cell)
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With improved battery and motor, sales of Tigor EV sales grew since August 2022
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Sales growth is due to improved product with right value proposition
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Sales of Tigor EV just doubled since last half-yearly sales
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Tigor EV now commands 27% market share
MG ZS EV (CKD)
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After facelift, CKD MG ZS EV sales settled around 300 units per month
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ZS EV lost considerable volume and market share during facelift transition in early 2022
Hyundai Kona (CKD), Mahindra eVerito (Local) & KIA EV6 (CBU)
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Both the products have miniscule share in growing Indian BEV market
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Kia EV6 wholesale stands at 16 units in H1 2022
