New Delhi

Tata Motors is looking to ramp up the production of electric vehicles as demand continues to outpace the manufacturing activity by a huge margin, according to a top company official.

The Mumbai-based automaker, which led the passenger electric vehicle space in the domestic market in last fiscal year, has been receiving an average of 5,500-6,000 bookings in the past two months for its EV range.

The company sells three electric products — Nexon EV, Tigor EV and XPRES-T — in the domestic market. It has also recently unveiled a coupe style SUV which it plans to launch in the next two years.

In an interaction with PTI, Tata Motors Managing Director Passenger Vehicle and Electric Vehicles Shailesh Chandra noted that huge demand for its EV range has led to a backlog of customer orders.

“We are seeing that the demand is significantly outpacing the supply. The numbers are just the ones which we are able to supply, the demand is definitely much stronger which is reflected in the number of bookings with us,” he said when asked about the EV demand scenario.

The acceptance of EVs is there, in the last one-two months, the company has been getting an average of 5,500-6,000 bookings per month, he added.

The company, however, was able to supply just around 3,300-3,400 units last month, Chandra said.

“So every month there is a backlog (of orders) for us,” he stated.

Chandra noted that the company is trying to ramp up the capacities by increasing the sourcing of semiconductors.

The company has initiated various steps like design modifications as well as sourcing from multiple vendors to increase the availability of the essential semiconductors.