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How Affordable Are Tata's New Electric Cars? Detailed Price Analysis

Last Updated 27 March 2024, 11:48 IST

Electric vehicles are the future of personal transportation. They differ from conventional petrol and diesel cars by employing an electric motor powered by a battery. Electric cars are incredibly promising. They provide many benefits over conventional cars when it comes to sustainability and cost of ownership. You will experience an enhanced driving performance. Since they do not burn any fuel as electric cars produce zero tailpipe emissions. This dramatically reduces their environmental impact. 

There has been a significant boost in the popularity of electric cars in India. Several automakers are introducing their electric vehicles in the market, among which Tata is a step ahead. They have revolutionised the existence of EVs with the launch of models like the Punch, Tiago, Tigor and Nexon.

You might be wondering whether these cars are affordable for car buyers looking for a stylish EV within their budget. Read this post till the end, as it entails the top EV cars by Tata and the reasons behind their affordability.

Top Electric Cars by Tata Motors

Tata is among the most significant and popular car makers in India. It has launched several car models that have garnered a huge reputation in the automobile market. The design, built quality and innovative features of the cars have contributed to the brand’s status. Now that it has introduced the new EV models, investing in an affordable one has become easier than ever. Take a look at the top electric cars introduced by Tata below.

Tata Nexon EV

The Nexon electric vehicle is a compact electric sports utility vehicle crafted and engineered by the indigenous automaker. It is now available in an updated version. The revamped Nexon EV offers two battery pack options with excellent driving ranges. Furthermore, this electric vehicle facilitates fast charging, allowing the battery to reach eighty percent capacity in just an hour.

Additionally, charging through a standard home electrical socket is possible, albeit the charging duration extends, making it more suitable for overnight charging. The facelift presents a comprehensive solution with its striking exterior design, substantial driving range, comfort features and versatile charging capabilities.

For those seeking an electric vehicle boasting impressive range and myriad features, this emerges as a compelling choice. The lineup is attractively priced between Rs. 15.52 - 20.98 lakhs (Delhi), making it a compelling option that delivers strong value across variants.

Tata Tiago EV

This Tiago is an electric iteration of the well-loved Tiago hatchback. It offers versatility and is presented with two battery pack choices. The Tiago EV boasts an impressive range on a single charge. Furthermore, the vehicle incorporates regenerative braking technology, enabling the battery to recharge during braking manoeuvres, thus enhancing the overall driving range.

Alongside its electric capabilities, this hatchback is adorned with modern conveniences such as a touchscreen infotainment system, automatic climate control, and a rear parking camera, positioning it as a comprehensive contender within the Indian electric vehicle landscape. The Tata Tiago EV price of the base variant is Rs. 9.25 lakhs, and Rs. 12.80 lakhs for the top model in Delhi.

Tata Tigor EV

The Tigor electric vehicle stands as a dedicated electric vehicle tailored specifically for the Indian market. It signifies sustainability and affordability within a compact sedan framework. It is the latest addition to Tata's electric vehicle portfolio. It highlights the company's commitment to providing eco-conscious mobility solutions for Indian consumers.

It comes with a robust battery pack powering a Permanent Magnet Synchronous Motor. The vehicle delivers a robust performance, generating great power. With a commendable range on a single charge, it caters ideally to daily urban commutes and occasional long journeys.

The inclusion of a fast charging system capable of replenishing eighty percent of the battery in just one hour further enhances its practicality. The car represents a pragmatic and sustainable choice promising an enjoyable driving experience while championing environmental responsibility. The Tata Tigor EV on-road price of the base variant is Rs 13.17 lakhs, and Rs. 14.48 lakhs for the top model in Delhi.

Why are Tata Electric Cars Affordable in India?

There are several factors that contribute to the affordability of electric cars by Tata. This Indian car brand benefits from supply chain advantages and low production costs in the nation. Moreover, they get incentives and subsidies from the Indian government for promoting EVs. They also receive subsidies and tax breaks on the car components.

Tata Motors has also invested in local manufacturing facilities and research and development. This allows them to improve production methods and cut costs even more. Furthermore, the carmaker has a significant market presence and brand awareness in India. It allows them to benefit from economies of scale and offer competitive pricing similar to non-electric vehicles. For instance, the Swift car price seems tempting, but EV hatchbacks are not far behind in terms of affordability. Overall government backing, local manufacturing efficiency and Tata's strategic positioning have made electric vehicles more accessible and inexpensive in India.

Final Thoughts

While still priced more than similar petrol/diesel vehicles, Tata's new EV offers become significantly more reasonable after government and state incentives are taken into account. Attractive financing options, charging infrastructure support, and increased resale value all improve the entire ownership appeal. For environment-conscious buyers, Tata's models present a realistic EV option with viable pricing.

This article is part of a featured content programme.
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(Published 27 March 2024, 11:48 IST)

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