Tata Tiago EV And Nexon EV Get MASSIVE Price Cuts Up To Rs 1.2 Lakh
- by Sumit Khanchandani
- Feb 13, 2024
- | Views: 2576
While the Tiago EV and Nexon EV have received significant price cuts, the Punch EV and the Tigor EV do not see any price revisions
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Prices of the Tata Tiago EV and the Nexon EV reduced by up to Rs 1.2 lakh.
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The Tiago EV now starts from Rs 7.99 lakh, while prices for the Nexon EV start from Rs 14.49 lakh.
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The base-spec XE variant in the Tiago EV lineup gets the largest price cut, of Rs 70,000.
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While the Nexon EV Long Range Fearless variants’ prices were slashed by Rs 1.2 lakh.
Tata Motors has slashed prices of two of its best selling EVs, the Tiago EV and Nexon EV, by up to Rs 1.2 lakh. Tata attributes the price reduction to a decrease in the cost of battery technology. That said, the recently launched Punch EV and the Tigor EV do not see any price revisions, which is noteworthy especially for the former considering its introductory pricing factor in the reduced cost for the battery.
Let’s explore the variant-wise price deductions of the Tiago EV and Nexon EV.
Tata Tiago EV Variant-wise Pricing
|
Variant |
Old Price (ex-showroom) |
New Price (ex-showroom) |
Difference |
|
XE Medium Range |
Rs 8.69 lakh |
Rs 7.99 lakh |
Rs 70,000 |
|
XT Medium Range |
Rs 9.29 lakh |
Rs 8.99 lakh |
Rs 30,000 |
|
XT Long Range |
Rs 10.24 lakh |
Rs 9.99 lakh |
Rs 25,000 |
|
XZ+ Long Range |
Rs 11.04 lakh |
Rs 10.89 lakh |
Rs 15,000 |
|
XZ+ Tech Lux Long Range |
Rs 11.54 lakh |
Rs 11.39 lakh |
Rs 15,000 |
|
XZ+ Long Range (with 7.2 kW charger) |
Rs 11.54 lakh |
Rs 11.39 lakh |
Rs 15,000 |
|
XZ+ Tech Lux Long Range (with 7.2 kW charger) |
Rs 12.04 lakh |
Rs 11.89 lakh |
Rs 15,000 |
With a reduction of Rs 70,000, the Tiago EV's base-spec XE variant offers the largest saving. Conversely, the higher-end XZ+ variants, including those with the 7.2 kW AC fast charger, receive a minimal price cut of Rs 15,000. The mid-spec XT variant sees a reduction of up to Rs 30,000, depending on the battery pack option you choose.
Tata Nexon EV Variant-wise Pricing
Medium Range Variants
|
Variant |
Old Price (ex-showroom) |
New Price (ex-showroom) |
Difference |
|
Creative Plus |
Rs 14.74 lakh |
Rs 14.49 lakh |
Rs 25,000 |
|
Fearless |
Rs 16.19 lakh |
Rs 15.99 lakh |
Rs 20,000 |
|
Fearless Plus |
Rs 16.69 lakh |
Rs 16.49 lakh |
Rs 20,000 |
|
Fearless Plus S |
Rs 17.19 lakh |
Rs 16.99 lakh |
Rs 20,000 |
|
Empowered |
Rs 17.84 lakh |
Rs 17.49 lakh |
Rs 35,000 |
Long Range Variants
|
Variant |
Old Price (ex-showroom) |
New Price (ex-showroom) |
Difference |
|
Fearless |
Rs 18.19 lakh |
Rs 16.99 lakh |
Rs 1.2 lakh |
|
Fearless Plus |
Rs 18.69 lakh |
Rs 17.49 lakh |
Rs 1.2 lakh |
|
Fearless Plus S |
Rs 19.19 lakh |
Rs 17.99 lakh |
Rs 1.2 lakh |
|
Empowered Plus |
Rs 19.94 lakh |
Rs 19.29 lakh |
Rs 65,000 |
With the Nexon EV, you will save the most with the Fearless variants configured with a larger 40.5 kWh battery pack, which receive a price cut of Rs 1.2 lakh. However, if you are picking any of the Medium Range variants, savings are limited to a maximum of up to Rs 35,000.
The recent price deductions are slowly narrowing the price difference between the electric and ICE versions of the Tiago and Nexon. Now taking them into account, would you splurge the extra cash and pick the electric versions or settle for the ICE versions? Let us know in the comments.
For more details about the Tiago EV, you can refer to our earlier report over here, and you can also check out the Nexon EV in 10 images by tapping here.
Prices for the Tiago EV now start from Rs 7.99 lakh (ex-showroom) rivalling the likes of the MG Comet EV and Citroen eC3, while the Nexon EV, competing with the Mahindra XUV400, starts from Rs 14.49 lakh (ex-showroom).