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Tata Cuts EV Prices: Tata Motors reduced price of its electric cars by Rs 1.20 lakh, know the new prices

Tata Tiago EV was launched in October 2022 at a starting price of ₹8.49 lakh (ex-showroom). Two battery pack options are available in Tata Tiago EV.

Tata Motors Cuts EV Prices: Leading car maker Tata Motors has announced to reduce the prices of its Nexon and Tiago EV by Rs 1,20,000. Tata has reduced the prices due to a slight decline in the prices of battery cells used in the manufacturing of cars. Let us tell you that the company has announced a reduction in the price of Nexon and Tiago EV only, whereas there has been no change in the price of the recently launched Punch EV.

After the price cut, Tata Tiago EV will start at Rs 7.99 lakh in India. Now the starting price of Nexon EV is Rs 14.49 lakh, while the price of long range Nexon EV starts from Rs 16.99 lakh.

Speaking on this price cut, Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Limited, said in a press release, “Battery cost is a major part of the total cost of an EV. Battery cell prices have moderated in recent times and considering the potential shortage in the near future, we have chosen to actively pass on the benefits directly to customers.

Srivatsa further added, “As the last few years have seen a boom in EVs, our mission is to accelerate mainstream adoption by making EVs more accessible across the country. We believe that at these accessible prices, the most The sale of Nexon.ev and Tiago.ev has become an even more attractive proposition to attract a larger group of customers.

Tata Tiago EV was launched in October 2022 at a starting price of ₹8.49 lakh (ex-showroom). Two battery pack options are available in Tata Tiago EV. The first option comes with a 24 kWh battery pack with a MIDC range of 315 km, the second option comes with a 9.2 kWh battery pack, which offers a range of 250 km.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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