Key Highlights
- Tata has announced fresh deals on EV lineup
- Both Tiago EV and Nexon EV gets price cut
- No discount on Punch.ev yet
Tata Motors has announced some solid deals for EV fans. The Indian car manufacturer is offering discounts on its top selling EVs. Both Tata Tiago EV and the Nexon.ev prices have been axed and the updated prices are reflecting on the official website.
Tata Nexon EV Fresh Discount Offers
Tata has now reduced the prices of the Nexon EV by up to Rs. 1.20 lakh. The discount offers are announced on both Nexon EV Medium and Long Range models. The base model of the Nexon EV (Medium Range) will now be available for purchase at Rs. 14.49 lakh instead of previous retail price of Rs. 15.69 lakh. On the other hand, the Nexon EV Long Range model will now be up for grabs at Rs. 16.99 lakh.
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Tata Tiago EV Latest Discount Offers
On the Tiago EV, Tata has announced up to Rs. 70,000 discount. Following the price cut, the Tata Tiago EV will be sold starting at Rs. 7.99 lakh in the Indian market. The Tiago EV has been retailing starting at Rs. 8.49 lakh before the latest price cut.
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Reason For Price Cut? Is It Permanent Discount?
The reason being cited for the latest discount on the Nexon.ev and the Tiago EV is the reduced cost for battery cells that are used for power delivery. With the lower battery cell costs, Tata has managed to give such heft deals on both its popular EVs in the country.
We can’t say for sure if this price cut is permanent or temporary. Since the reduced costs are associated with the one of the manufacturing parts, there are chances of price fluctuations in the future. But how soon Tata would implement any new price change remains subjective on multiple factors.