24.8 C
Delhi
Monday, September 1, 2025

Tata EV reduces EV prices up to Rs 1.2 lakh

Date:

Share post:

Donate-GC-Razorpay

Mumbai: Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced on Tuesday a reduction in the prices of its bestselling EVs, Nexon.ev and Tiago.ev, with the objective of making EVs more accessible to Indian customers.

Nexon.ev gets a price reduction of up to Rs 1.2 lakh, Tiago.ev gets a price reduction of up to Rs 70,000, and the base model starts at Rs 7.99 lakh.

The initial prices of the recently launched Punch.ev remain unchanged as they already factor in a reduction in battery prices in the foreseeable future.

Speaking about this price reduction, Vivek Srivatsa, Chief Commercial Officer, TPEM, said, “Battery costs constitute a substantial part of the overall cost of an EV. With battery cell prices having softened in the recent past and considering their potential reduction in the foreseeable future, we have chosen to proactively pass on the resulting benefits directly to customers.

While EVs have grown rapidly over the last few years, our mission is to accelerate the mainstream adoption of EVs by making them more accessible nationwide. Our portfolio already offers a wide choice of body styles, ranges, and price points for our smart, feature-rich EVs. We believe that at these accessible prices, the best-selling Nexon.ev and Tiago.ev become an even more compelling proposition to attract a larger pool of customers.”

Related articles

Self-reliance in Defence is not merely an option, but a condition for survival & progress: Rajnath Singh

New Delhi: Defence Minister Rajnath Singh said that in today’s era of terrorism, pandemics and regional conflicts, self-reliance...

Putin advocates reforms in UN, IMF to reflect modern realities

Moscow/Beijing: Russian President Vladmir Putin, ahead of the upcoming SCO summit in the Chinese city of Tianjin, lauded...

India’s GDP surges 7.8 pc in Q1 FY 26, led by services and manufacturing

New Delhi: India’s economy sprinted ahead in the first quarter of FY 2025-26, with real Gross Domestic Product...

India crush Nepal 5-0 to clinch SAFF U17 Women’s Championship 2025 title

New Delhi/Thimphu: India’s dominance in South Asian football continued as the U 17 women’s team thrashed Nepal 5-0...