Tata Nexon EV has recently received a new price hike. It is the second time Tata Motors has increased the prices of the electric SUV
Tata Nexon EV has become one of the most popular electric options in the Indian car market. Previously, on the Nexon EV’s one-year anniversary, Tata announced that the electric SUV was only a few steps away from hitting the 3,000 unit sales mark. On the same occasion, Tata Nexon EV also received the second price hike. Thankfully, this time, the prices only increased marginally. Check out the Tata Nexon EV price list in 2021 in the table below.
Tata Nexon XM
Rs 13.99 lakh
Rs 13.99 lakh
Tata Nexon XZ+
Rs 15.25 lakh
Rs 15.40 lakh
Tata Nexon XZ+ LUX
Rs 16.25 lakh
Rs 16.40 lakh
As per the price table above, the new price hike is only applicable for the XZ+ and XZ+ LUX trims, while the base XM continues to be offered at the same price of Rs 13.99 lakh. Both of the XZ+ and XZ+ LUX get more expensive by Rs 15,000. Previously, Tata Nexon EV had already undergone the first price hike in October 2020.
Despite the current price changes, the Tata Nexon EV is still the most affordable electric SUV in our market. It undercuts other competitors including the MG ZS EV and Hyundai Kona EV. MG ZS EV is priced from Rs 20.88 lakh to Rs 23.58 lakh while the Kona Electric costs from Rs 23.75 lakh to Rs 23.94 lakh.
Tata Nexon EV was first launched in January 2020. Within seven months after its launch, the electric SUV managed to cross its first important milestone of 1000 units sold. In the next four months, in December, it was reported that Tata had sold 2,000 units of the Nexon EV. Two months after crossing the 2,000 unit sale mark, Tata’s electric SUV is getting close to the next milestone of 3,000 units, suggesting a growth in demand for this model. By the end of December 2020, Tata Motors had already sold 2,530 units of the Nexon EV.
The positive signals from the market should be attributed to Tata’s restless effort to improve its offering and enhance the experience for the customers. Based on its studies of the driving behaviour of the EV users and feedbacks from the customers, the company has updated the software of the Nexon EV accordingly.
Besides Tata’s positive effort, the Nexon EV has an upper hand in the electric market thanks to its competitive pricing. It is currently holding the majority of the market share in the electric car segment.
Tata Nexon EV sources power from a 30.2 kWh lithium-ion IP67 battery pack. It comes with an electric motor that puts out a top power of 95 kW (129 BHP) and a peak torque of 245 Nm. Tata Nexon EV is claimed to deliver a range of 312 km per charge. In reality, the SUV can offer a range of around 250 km.