Tata Motors Limited’s (TML) latest electric vehicle offering, Punch.ev has crossed 13,000 vehicle sales within five months of its launch. Punch electric vehicle makes up 41 per cent of the company’s electric vehicle sales (since the launch until May 2024). The electric Punch is the company’s first vehicle featuring its acti.ev (advanced connected tech-intelligent electric vehicle) architecture, which allows the introduction of software-oriented features, and maximised space and battery capacity. Sub-compact SUVAutomakers are launching offerings in the sub-compact SUV segment following greater demand from Indian consumers. Similarly, its share in the SUV segment has also increased from 8 per cent to 14 per cent, averaging 12 per cent for the year.

Source: Punch June 19, 2024 21:37 UTC