The Subscription model for the Nexon EV is currently available in 5 key Indian cities
Buying a car by paying its entire price might not be a smart move anymore, atleast not for something as smart as the Tata Nexon EV. Tata Motors has now forayed into the vehicle subscription model of ownership by introducing the same on the Nexon EV.
The Tata Nexon EV can now be owned by paying an all-inclusive rental starting at INR 41,900 per month. The car can be had for a minimum period of 18 months and to 24 or 36 months if the need be. Tata Motors has partnered with Orix Auto Infrastructure Services Ltd for this venture. Orix is amongst the top leasing companies in India. Currently, the subscription model for the Nexon EV is available in five key Indian cities- Delhi/NCR, Mumbai, Pune, Hyderabad, and Bengaluru.
The Tata Nexon EV is the first product built on Tata’s state of the art ZIPTRON EV architecture and comes in three variants.The permanent magnet electric motor, together with the 30.2 kWh Lithium-ion battery would offer a breath-taking range of 312 km per charge.
The subscription model could be lauded for the fact that it comes with all the expenses like vehicle registration, road tax, etc covered. The comprehensive insurance coverage and roadside assistance are also worth commenting on. This model of Nexon EV ownership would be of great convenience to the likes of those with frequent intercity job transfers and expatriates.