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<ul><li>Shares of <keyword id="42747" type="General" weightage="20" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> surged almost 4% on Monday as the automaker has now become the second largest car seller in India.</li><li>Tata Motors has surpassed <keyword id="596" type="General" weightage="20" keywordseo="hyundai" source="Orion">Hyundai</keyword> in terms of sales growth in December.</li><li>It is also the highest ever monthly sales for the Mumbai-based car manufacturer in December 2021.</li></ul>Tata Motors’ shares are on a high on the first day of trading this year, with its share price rising as much as 4% on excitement of the company achieving the tag of the ‘second largest car maker in the country’ beating Hyundai. The Mumbai-based company has surpassed Hyundai, who was the second largest auto seller until now, in terms of car sales in December. With the likes of Nexon, Tiago, Tigor and Harrier and several others, the automaker has recorded the highest ever monthly sales in December. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Car manufacturers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Domestic December sales 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year-on-Year % change </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,53,149 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors (PV) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">35,299 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hyundai </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">32,312 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-32% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra (CV + PV + 3-wheeler) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">36,140 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Toyota </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10,832 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">45% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Honda </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,973 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-8% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kia </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,797 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-34% </td></tr></tbody><tbody></tbody></table>Note: CVs are commercial vehicles and PVs are passenger vehicles. However, the South Korean car maker Hyundai is still ahead of Tata Motors if we add the sales of both Hyundai and <keyword id="6372046" type="General" weightage="20" keywordseo="kia" source="Orion">Kia</keyword>, which is also owned by Hyundai. The car maker managed to sell a higher number of cars despite witnessing a shortfall in production due to the ongoing semiconductor crisis. “The ever-increasing demand for Nexon EV and Tigor EV as well as progressive revival of the EV [electric vehicles] fleet segment were instrumental in driving this steep growth,” said Shailesh Chandra, president of passenger vehicles business unit at Tata Motors in an exchange filing. <div type="image" title="tata motor" height="900" width="1200" msid="88660301" hostid="261"></div>Good demand on the newly launched Tata Punch also helped the company boost its overall sales. “The overwhelming market response to Tata Punch launched in October 2021 is further boosting demand for the company’s “New Forever” range of cars and SUVs [sports utility vehicles],” added Chandra. Not to forget, the company’s booming electric vehicle business, which is adding to the excitement around electric cars. The company recorded a new sales peak of 5,592 units of electric vehicles in the third quarter of FY22, which is a growth of 345% year-on-year. However, the excitement around the rising sales may not remain long as the company admits it is cautious as the semiconductor shortage continues along with rising covid cases. “Going forward, we expect the situation to remain fluid as the semiconductor shortage continues, instances of COVID begin to rise and underlying demand continues to remain under pressure,” said Girish Wagh, executive director at Tata Motors in an exchange filing. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/mamaearths-revenue-neared-500-crore-by-selling-its-personal-care-products-in-fy2021/articleshow/88658722.cms">Mamaearth says it has turned profitable as revenue neared ₹500 crore last year</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/tata-motors-maruti-suzuki-future-retail-and-other-hot-stocks-on-the-first-trading-day-of-2022/slidelist/88657164.cms">Tata Motors, Maruti Suzuki, Future Retail and other hot stocks on the first trading day of 2022</a>

Tata Motors’ stock at nearly two-month high after selling more cars than Hyundai in December

<ul><li>Ratan Tata’s teensy minsy car, the <keyword id="6371021" type="UNKNOWN" weightage="20" keywordseo="Tata-Nano">Tata Nano</keyword>, will no longer be called the world’s cheapest car. </li><li>Jason Torchinsky, senior editor of an online motor magazine Jalopnik, <a href="https://www.youtube.com/watch?v=qxl_vgYP3Rg">recently received the ‘4 Wheels Electric Mobility Scooter’</a> from the e-commerce giant Alibaba — in a box. </li><li>The car is priced between $930 and $1200. </li></ul>Ratan Tata’s teensy minsy car, the Tata Nano, will no longer be called the world’s cheapest car at $2,500 before taxes. Changli, a Chinese company, is now selling a tiny electric car at a much cheaper price. Jason Torchinsky, senior editor of an online motor magazine Jalopnik, <a href="https://www.youtube.com/watch?v=qxl_vgYP3Rg">recently received the ‘4 Wheels Electric Mobility Scooter’</a> from the e-commerce giant Alibaba — in a box. <div type="Youtube" id="qxl_vgYP3Rg" title="Unboxing The World's Cheapest New Car Reveals It's So Much Better Than You Think" thumbUrl="https://i.ytimg.com/vi/qxl_vgYP3Rg/mqdefault.jpg"></div> The car is priced at $930 and $1200 with the batteries (approximately ₹70,000 to ₹90,000). However, Torchinsky got it for $3,000 since he ordered it from the United States. However, that is still cheap for a car in America where the average<a href="https://www.cnbc.com/2019/10/22/car-prices-are-rapidly-increasing-heres-why-thats-bad-for-americans.html#:~:text=Why%20are%20car%20prices%20going,according%20to%20Kelley%20Blue%20Book."> price of an automobile is $36,000. </a> <div type="image" title="HTB1MqqMcwKG3KVjSZFLq6yMvXXaW" msid="76300859" hostid="261"></div> The car is an electric vehicle (EV) manufactured in Jiangsu, China and is described as being the most suitable for “leisure commute while picking up children.” While there is ample space for three people, the car can only move at a maximum speed of 35 kilometres per hour. Unlike normal cars that have two divided seats in the front, this EV has a joined bench seat that’s roomy enough for one person. It has LED tail lights with LED projector headlamps and LED indicators. The car also includes add-ons like a spare tyre, extra side mirrors, roof rack, bumpers — and even an electric air pump. There’s even a mini-sun roof mechanism up top that opens up to let in some fresh air. The steering wheel is at the centre, much like a convention auto-rickshaw, with an all-digital dash at the back. Even though the price of the car is dirt cheap it looks like a giant matchbox with big windows. Tata’s Nano design — the made-in-India car sold at a price of ₹100,000— was as basic as Changli’s. Interestingly, such cars may not be seen in other parts of the world but are very popular in <a href="https://www.youtube.com/watch?v=kILXXaqspcI">China.</a> Some other examples include <a href="https://www.alibaba.com/product-detail/1200W-1000W-Electric-Car-made-in_62283391732.html?spm=a2700.details.deiletai6.4.6c821998fHt5E5">4 Wheel Electric Car by Changli</a>, <a href="https://carnewschina.com/tag/lsev-china/">P8 by Shandong Qilu Fengde and Qifeng K7 LSEV.</a> They are just a third the size of any regular car and in some parts of China people don’t even need a driver’s license to drive these due to their slow speeds. Despite safety concerns — and unappealing design — the cars are popular because they are “extremely cheap.” On average people <a href="https://www.youtube.com/watch?v=kILXXaqspcI">have to spend between $1,000 and $2500</a> to purchase such cars and it breaks away from the norm that EVs are only manufactured for the super-rich. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/microsoft-brings-its-venture-fund-m12-to-india-its-fifth-office-in-the-world-is-now-in-bengaluru/articleshow/76297385.cms">Microsoft brings its venture fund M12 to India – its fifth office in the world is now in Bengaluru</a> <a href="https://www.businessinsider.in/business/news/anand-mahindra-invests-usd-1-mn-in-gurugram-based-startup-hapramp/articleshow/76297106.cms">Anand Mahindra invests $1 million in Gurugram-based startup Hapramp</a>

A Chinese company trump Tata Nano by selling the world’s cheapest car — but it still looks like a giant matchbox

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Tata Motors’ stock at nearly two-month high after selling more cars than Hyundai in December

Bhakti Makwana

A Chinese company trump Tata Nano by selling the world’s cheapest car — but it still looks like a giant matchbox

Preeti Soni

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