Prices of Tata Nexon.ev and Tiago.ev have gone down significantly.
Tata Motors cites a reduction in battery technology costs as the reason for this downward revision in EV prices.
Tata says battery cell prices have softened, and expects them to go further down in the upcoming times.
Tata Nexon.ev gets price cuts of up to Rs 1.2 lakh on the long range variants.
The standard range Nexon.ev gets price reduction of upto Rs 35,000.
Tata Tiago.ev prices have been reduced by up to to Rs. 70,000. The electric hatchback now starts at Rs 7.99 Lakh.
Interestingly, the recently launched Punch.ev gets no revision in its introductory prices, and continues to start at Rs 10.99 lakh (ex-sh)
Reduced EV prices could bring more traction into the electric vehicle space in the foreseeable future...