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BusinessTata Motors Shocks Customers, Increases The Price Of Tiago EV By Thousands

Tata Motors Shocks Customers, Increases The Price Of Tiago EV By Thousands

The price hike for the Tata Tiago EV was hinted at in December 2022. When the company’s Managing Director Shailesh Chandra said that the prices of Tiago EV will be increased in the new year.

Tata Tiago EV Price Hike:

Tata Motors has given a big shock to the customers. The legendary auto company has increased the prices of the country’s cheapest electric vehicle. Under this, the prices of some EV models of the Tiago variant have been increased. According to the latest information, the price of the TATA Tiago EV has increased by Rs 20,000. This has increased the starting price of the Tiago EV to Rs. 8.69 lacks (ex-showroom).

Tiago EV prices hiked

Vivek Srivastava, Head of Marketing, at Tata Passenger Electric Mobility, said that the introductory price of Tiago EV is being increased by Rs 20,000. This brings the starting price of the EV to Rs. 8.69 lakhs. However, despite the price hike, the Tiago EV is one of the cheapest vehicles in the market, priced under Rs. 10 lakhs. Let us tell you that this electric vehicle of Tata got a strong response from the customers. Booking of 10 thousand units was done on the very first day. While 20 thousand vehicles were booked in a month.

Will 20 thousand customers get relief?

The price hike for the Tata Tiago EV was hinted at in December 2022. When the company’s Managing Director Shailesh Chandra said that the prices of Tiago EV will be increased in the new year. It was also said that the new prices will be applicable on vehicles after the initial 20,000 bookings of the Tiago EV. The reason for the increase in prices is the increase in cost, which also includes the cost of batteries.

Tiago EV deliveries also started

Tata Motors started the deliveries of the new Tiago EV in January 2023. Tata Motors says that the 24-kilowatt-hour battery pack is being manufactured on a priority basis following customer demand. The company has also provided a 19.2 kWh battery pack with the car. Which gives a range of up to 250 km on a single charge. However, customers are liking the battery pack with 315 km per charge. It can be easily charged at home or at a fast charging station. With the help of a DC fast charger, this car gets charged 10-80 percent in 57 minutes.

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