Tata Nexon EV Price Decreased, Here’s Why?
Tata Motors updated the Nexon EV lineup three times last month. To begin, the prices of Nexon EV Prime models have been reduced by up to Rs 50,000. This was complemented by a price decrease for Nexon EV Max models as well as an improvement in driving range. The company has now highlighted the reasons why the Nexon EV lineup is now more affordable.
To begin, Tata Motors asserted that lower structural costs and increased levels of localisation have benefited the brand and, as a result, would benefit the customer with cheaper prices. Second, with new rivals such as the Mahindra XUV400 entering the EV sector, Tata wants to maintain tough rivalry. Notably, the Tata Nexon EV’s pricing were increased shortly after the debut of the XUV400, which has a starting price of Rs 15.99 lakh (ex-showroom).
The Tata Nexon EV is available in two trim levels: Prime and Max. While the Prime trims have a 30.2kWh battery pack, the Max model has a bigger 40.5kWh battery pack. The claimed electric range for both models is 321km and 453km, respectively.
Tata’s EV range also includes the Tigor EV and Tiago EV. While the Tigor EV debuted in 2021, the Tiago EV is the most recent arrival and is available in mid and long-range models. Tiago EV deliveries have begun, with the electric hatchback beginning at Rs 8.49 lakh (ex-showroom). Surprisingly, the Tigor EV and Tiago EV pricing stay constant.