Tata Motors is one of the big brands when we talk about the four-wheeler Brands in India. This brand has launched various prominent cars since the company was established. Now we have seen multiple launches in the EV segment as well. Nexon and Tiago are at the top when discussing Tata Motors’s EV segment. Here is good news for the buyers Tata Motors has announced a price cut in its EV Segment cars. Here you will know the details report and the latest deals for customers after this price cut.

Tata Motors EV Price Cut

Tata Motors has announced a reduction in its Nexon and Tiago EV prices. This price cut is around ₹1,20,000. It will attract more customers for Tata Motors because of the huge price cut and new buyers in the EV segment will consider to choose Tata Motors because of the designs and build quality which is a strong point of Tata Motors cars. This fall in the price came due to the slight fall in the price of the battery cell that is used to manufacture these cars. However, the recently launched Tata’s Punch EV price is still the same, and do not get the benefit of this price cut.

Tata Tiago EV has been launched in October 2022 at the ex-showroom price of ₹8.49.  lakh. Tata Tiago EV has two battery pack options. The former consists of a 24 kWh battery pack with an MIDC range of 315 km. On the other side, Tata Nexon EV has been launched with the price of ₹14.49 lakh. Nexon EV was launched in January 2020.

Now discussing the Impact of this price cut on Tata Motors’ sales and revenue in the next quarter results. Most probably, the sales will increase after the announcement of Price reduction in the Tata Nexon and Tata Tiago because of the rising trend of EV cars in India. The revenue of the company may also rise if Tata Motors sees a surge in its sales in the next quarter.

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