Tata motors outperforms its competitors in January 2022

Despite the supply chain problems experienced by the entire automotive industry, Tata Motors has come out with flying colors as it has outperformed its peers in terms of volume in January. It has been an incredible start for the homegrown brand this year. The volumes of its domestic passenger vehicles have increased by 51% whereas Maruti Suzuki (India) which happens to be the biggest automaker company in India has suffered a loss of 7% in terms of volumes. Delighted by the amazing number it scored in the volumes of passenger vehicles the management of Tata Motors seems confident about their future targets. They stated that they also intend to make their EV mix reach about 20% from what it is at 6%-8% currently. Recently the government announced the battery swapping policy in the Union budget that will certainly encourage the consumers to switch to EVs.