Tata Motors Passenger Vehicles Q3 FY26 Sales Jump 22% to Record 171,013 Units

1 min read     Updated on 01 Jan 2026, 02:19 PM
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Ashish TScanX News Team
Overview

Tata Motors Passenger Vehicles achieved record quarterly performance in Q3 FY26 with sales of 171,013 units, marking 22.3% year-on-year growth. The company demonstrated strong momentum across segments with domestic sales growing 20.9% and international business surging 491.9%. Electric vehicle adoption accelerated significantly with 49.5% growth to 24,103 units, supported by enhanced product capabilities and strategic pricing.

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*this image is generated using AI for illustrative purposes only.

Tata Motors Passenger Vehicles Limited has delivered exceptional performance in Q3 FY26, achieving record quarterly sales of 171,013 units compared to 139,829 units in Q3 FY25. This represents a robust 22.30% year-on-year growth, marking the company's highest-ever quarterly wholesale performance.

Q3 FY26 Performance Highlights

The company's quarterly performance demonstrates strong momentum across all segments, with domestic passenger vehicle sales leading the growth trajectory.

Segment: Q3 FY26 Q3 FY25 Growth (%)
PV Domestic: 168,616 units 139,424 units +20.90%
PV International: 2,397 units 405 units +491.90%
Total PV Sales: 171,013 units 139,829 units +22.30%
EV Sales: 24,103 units 16,119 units +49.50%

December Sales Achievement

December performance contributed significantly to the quarterly success, with total sales reaching 50,519 units against 44,289 units in the previous year, representing 14.10% growth.

Metric: December FY26 December FY25 Growth (%)
PV Domestic: 50,046 units 44,230 units +13.10%
PV International: 473 units 59 units +701.70%
Total December Sales: 50,519 units 44,289 units +14.10%
EV Sales: 6,906 units 5,562 units +24.20%

Electric Vehicle Momentum

The company's electric vehicle segment demonstrated exceptional growth, with EV sales surging 49.50% to 24,103 units in Q3 FY26. This performance was supported by enhanced capabilities, longer range, lifetime battery warranty, and price parity with internal combustion engine counterparts.

Strategic Outlook

According to Mr. Shailesh Chandra, MD and CEO of Tata Motors Passenger Vehicles Limited, the company achieved several milestones including retail sales crossing the 200,000 units milestone for the first time. The Nexon model led as India's top-selling car/SUV in October and November, while CNG volumes crossed 47,000 units with overall SUV volumes rising 18.00%.

The company's multi-powertrain strategy and recent product launches, including the Harrier and Safari in petrol variants and the Sierra model, position it well for continued growth in FY26.

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TMPV Unveils ₹18,000 Crore EV Expansion Roadmap with Five New Models by FY30

1 min read     Updated on 24 Dec 2025, 07:56 PM
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Reviewed by
Suketu GScanX News Team
Overview

Tata Motors Passenger Vehicles (TMPV) announces plans to launch five new EV models by FY30, investing ₹16,000-18,000 crore from FY25 to FY30. The strategy includes near-term launches of Sierra.ev and Punch.ev, with the premium Avinya range expected by end-2026. TMPV aims to maintain its market leadership, targeting a 45-50% share in India's EV segment. The investment also covers charging infrastructure development, with a goal to establish over 10 lakh charging points nationwide.

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*this image is generated using AI for illustrative purposes only.

Tata Motors Passenger Vehicles (TMPV) has outlined a comprehensive electric vehicle expansion strategy, announcing plans to launch five new EV models by FY30 as part of its efforts to strengthen market leadership in India's rapidly growing electric mobility sector. The company currently commands a dominant 66% share in the country's electric passenger vehicle market.

Investment and Financial Commitment

TMPV has committed substantial capital expenditure to support this ambitious expansion plan:

Investment Parameter Details
Total Investment ₹16,000-18,000 crore
Investment Period FY25 to FY30
Focus Areas New EV launches, existing lineup expansion, charging infrastructure
Charging Points Target Over 10 lakh charging points nationwide

New Model Launch Timeline

The company's product roadmap includes strategic launches across different timeframes. In the near term, TMPV plans to introduce the Sierra.ev and Punch.ev models, while the much-anticipated premium Avinya range is expected to enter the market by the end of 2026.

Launch Category Models Timeline
Near-term Launches Sierra.ev, Punch.ev Immediate
Premium Range Avinya series End of 2026
Total New Models Five models By FY30

Existing Portfolio Enhancement

Beyond new launches, TMPV will focus on strengthening its current EV lineup through multiple updates and refreshes. The company's existing electric vehicle portfolio includes:

  • Tiago.ev
  • Punch.ev
  • Nexon.ev
  • Curvv.ev
  • Harrier.ev
  • XPRES-T EV (fleet segment)

Strategic Market Positioning

TMPV Managing Director and CEO Shailesh Chandra emphasized the company's commitment to strengthening the EV ecosystem through investments in India-first technology, localization, and accessibility across segments. The strategic roadmap targets achieving a steady-state market share of 45-50% in the EV segment, building on the company's current leadership position.

Infrastructure Development Focus

The investment strategy encompasses comprehensive ecosystem development beyond vehicle manufacturing. TMPV plans to enhance charging infrastructure and other enabling factors to drive mass adoption of electric vehicles across consumer segments. This holistic approach aims to address key barriers to EV adoption and support mainstream electric mobility transition in India.

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