Tata Motors EV price cuts

Tata Motors Slashes EV Prices by Up to Rs 3 Lakh: Big Savings in the ‘Festival of Cars’ Campaign!

Big news for car buyers! Tata Motors has announced massive price cuts across its electric vehicle (EV) portfolio as part of its exciting ‘Festival of Cars’ campaign. With discounts reaching up to ₹3 lakh, this offer is set to make electric vehicles more accessible and appealing to Indian consumers. Here’s everything you need to know about Tata Motors’ latest moves and how you can benefit.

Tata Motors Announces Massive EV Price Cuts: What You Need to Know

On September 10, Tata Motors unveiled significant price reductions for its electric vehicle lineup, aimed at accelerating the adoption of EVs in India. The offer, part of the company’s ‘Festival of Cars’ campaign, is valid until October 31, 2024.

Here’s a breakdown of the new prices and reductions:

• Tata Tiago EV: Reduced by ₹40,000.
• Tata Punch EV: Discounted by up to ₹1.2 lakh.
• Tata Nexon EV: Slashed by up to ₹3 lakh.

Following these cuts, the Tata Punch EV will start at ₹7.99 lakh, while the Nexon EV will now begin at ₹12.49 lakh. The new pricing aligns the Nexon EV with internal combustion engine (ICE) models, making it an attractive option for buyers considering a switch to electric.

Special Offers and Added Benefits

Tata Motors is not just slashing prices; they’re also enhancing the value with additional perks. Customers who purchase an EV during this campaign will enjoy 6 months of free charging at any of the over 5,500 Tata Power charging points across the country. This move aims to make both inter-city and intra-city journeys hassle-free and cost-effective.

Vivek Srivatsa, Chief Commercial Officer at Tata Passenger Electric Mobility Ltd., emphasized the company’s goal: “Our singular purpose at TATA.ev is to mainstream EVs by breaking barriers and making them more accessible to regular car buyers. With these special, limited-period prices, we are addressing the high acquisition cost barrier for EVs, bringing their prices closer to those of petrol and diesel-powered vehicles.”

Latest Model Launches and ICE Discounts

In August, Tata Motors launched its new Tata Curvv EV with a starting price of ₹17.5 lakh. Meanwhile, the introductory price for ICE variants launched earlier this month starts at ₹9.99 lakh.

Additionally, Tata Motors has rolled out discounts of up to ₹2.05 lakh on ICE variants of cars and SUVs as part of the same ‘Festival of Cars’ campaign. Here’s the updated pricing:

• Tata Tiago: Now ₹4,99,900, down by ₹65,000.
• Tata Tigor: Priced at ₹5,99,900, reduced by ₹30,000.
• Tata Altroz: Available for ₹6,49,900, with a ₹45,000 discount.
• Tata Nexon: Now ₹7,99,990, down by ₹80,000.
• Tata Harrier: Reduced to ₹14,99,000, a discount of ₹1,60,000.
• Tata Safari: Available for ₹15,49,000, with a ₹1,80,000 reduction.

Conclusion:

Tata Motors’ latest price cuts and promotional offers represent a significant opportunity for car buyers looking to switch to electric or get a great deal on ICE vehicles. With substantial savings on EVs and attractive discounts on traditional models, the ‘Festival of Cars’ campaign is set to make waves in the automotive market. Make sure to take advantage of these offers before they expire on October 31!

FAQs:

1.What are the new prices for Tata Motors’ EVs under the ‘Festival of Cars’?

A. Tata Tiago EV: Reduced by ₹40,000.

Tata Punch EV: Discounted by up to ₹1.2 lakh.

Tata Nexon EV: Slashed by up to ₹3 lakh.

2.How long is the ‘Festival of Cars’ campaign valid?

A. The campaign is valid until October 31, 2024.

3.What additional benefits are included with the EV purchase?

A. Customers will receive 6 months of free charging at Tata Power’s 5,500+ charging points across India.

4.What are the new prices for Tata’s ICE vehicles?

A. Tata Tiago: ₹4,99,900 (down by ₹65,000).

Tata Tigor: ₹5,99,900 (reduced by ₹30,000).

Tata Altroz: ₹6,49,900 (discounted by ₹45,000).

Tata Nexon: ₹7,99,990 (down by ₹80,000).

Tata Harrier: ₹14,99,000 (reduced by ₹1,60,000).

Tata Safari: ₹15,49,000 (discounted by ₹1,80,000).

5.What is the starting price for the Tata Punch EV after the discount?

A. The Tata Punch EV now starts at ₹7.99 lakh.

6.How much has the Tata Nexon EV price been reduced?

A. The Tata Nexon EV price has been reduced by up to ₹3 lakh.

7.What is Tata Motors’ goal with the current EV price cuts?

A. Tata Motors aims to mainstream EVs by making them more accessible and reducing the high acquisition cost barrier.

8.When was the Tata Curvv EV launched and what is its starting price?

A. The Tata Curvv EV was launched in August with a starting price of ₹17.5 lakh.

9.What are the introductory prices for ICE variants launched earlier this month?

A. ICE variants have introductory prices starting at ₹9.99 lakh.

10.What does the 6-month free charging offer include?

A. The offer includes free charging at any of Tata Power’s 5,500+ charging points nationwide, making journeys both inter- and intra-city hassle-free.

Tata Motors EV price cuts

Nibe Shares Locked in Upper Circuit After Winning Major Defence Orders: What’s Next for the Stock?