Celebrating three year anniversary of the launch of the Tata Nexon EV, Tata Motors has slashed prices for the EV by up to Rs 85,000. The Tata Nexon EV range now starts at Rs 14.49 lakh, going up to Rs 18.99 lakh for the XZ+ Lux trim of the Nexon EV Max. The Nexon EV max will also receive an improved range of 453km.
Tata Nexon EV: Updated pricelist and new variant details
Here is what the updated pricelist for the Tata Nexon EV lineup looks like.
|Model||Variant||Battery Pack||Charger Option||Price|
|Nexon EV Prime||XM||30.2 kWh||3.3 kW||14.49 lakh|
|Nexon EV Prime||XZ+||30.2 kWh||3.3 kW||15.99 lakh|
|Nexon EV Prime||XZ+ Lux||30.2 kWh||3.3 kW||16.99 lakh|
|Nexon EV Max||XM||40.5 kWh||3.3 kW||16.49 lakh|
|Nexon EV Max||XZ+||40.5 kWh||3.3 kW||17.49 lakh|
|Nexon EV Max||XZ+ Lux||40.5 kWh||3.3 kW||18.49 lakh|
|Nexon EV Max||XM||40.5 kWh||7.2 kW||16.99 lakh|
|Nexon EV Max||XZ+||40.5 kWh||7.2 kW||17.99 lakh|
|Nexon EV Max||XZ+ Lux||40.5 kWh||7.2 kW||18.99 lakh|
These revised prices come as a response to the launch of the new Mahindra XUV400 EV which was undercutting the top-spec Nexon EV by Rs 85,000. The base trim of the Tata Nexon EV is now priced Rs 50,000 lower than before, while the top-spec XZ+ Lux gets a price reduction of Rs 85,000.
Apart from the reduced prices, the Tata Nexon EV Max has been updated with a new driving range. The new driving range of 453km is 16km more than what was offered before. Existing customers can avail the enhancement through a software update from February 15. No such update has been made available for Tata Nexon EV Prime.
Tata also added a new ‘XM’ variant to the Nexon EV Max lineup. At a price of INR 16.49 lakh, this variant will come equipped with Electronic Parking Brake, Automatic Climate control, Electronic Stability Program with i-VBAC, Projector Headlamps with LED DRLs and LED tail lamps, Push Button Start, Digital TFT Instrument Cluster, ZConnect Connected Car tech with Smartwatch Connectivity and Rear Disc Brakes.
Commenting on the rejig in the Nexon EV portfolio, Mr Vivek Srivatsa, Head – Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd., said, “India’s #1 EV, Nexon EV has completed its third successful year. It is loved and trusted by over 40,000 customers and it has been driven over 600 million kilometres. On this occasion, we are committed to making sustainable transportation accessible to everyone, and this repositioning is a big step in that direction. Our smart engineering and government incentives have allowed us to achieve this disruption, maintaining the same high level of quality and service, our customers expect from us. With this, we are confident that more and more customers will make the switch to e-mobility.”
Tata Motors is currently accepting bookings for the entire Nexon EV lineup. Deliveries for the new Nexon EV Max XM variant will begin from April 2023. The streamlined production processes have led to increased localised EV production for Tata. This has helped the automaker to take advantage of Government Production Linked incentives schemes designed to promote the adoption of sustainable and environmentally friendly transportation. These initiatives have resulted in cost savings, which have been passed on to customers in the form of price reductions.