Tata Nexon EV is one of India’s most popular electric cars in the market. A report from last month revealed that the company has sold over 13,500 units of Tata Nexon since its inception. The electric car counts for 75 percent of the market share in the EV segment. A major part of its sales comes given that it offers a spacious and comfortable EV experience at a good price. But, reportedly, the Nexon EV’s price has now been hiked.

The Tata Nexon EV comes in over five models and all of them have got a price increase. The electric car has got Rs. 25,000 price hike in the country. The Nexon EV originally debut at an ex-showroom price of Rs. 14.29 lakh for the base model. Now, with the new price hike, this base model i.e. the Tata Nexon XM will cost Rs. 14.54 lakh.

Similarly, the Tata Nexon XZ+, which was priced at Rs. 15.70 lakh, now costs Rs. 15.95. The Tata Nexon Dark XZ+ is now priced at Rs. 16.96 lakh over its Rs. 16.70 lakh original price. The Nexon XZ+ Lux’s price went from Rs. 16.04 lakh to Rs. 16.29 lakh. Lastly, the Nexon Dark XZ+ Lux – the top model – now costs Rs. 17.15 lakh over its debut price Rs. 16.90 lakh.

The Nexon EV competes with the likes of Hyundai Kona. MG ZS EV, and Tata Tigor EV. Nexon offers a 129PS electric motor and offers a range of 315km on a single charge. The EV can be charged up to 90% in 8.5 hours with the regular charging option, while it can go up to 80% with the DC fast charging option. The EV can go from 0 to 100kmph in 9.14 seconds.

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Indian multinational automotive manufacturing company Tata Motors seems to have big plans for the Indian EV a.k.a Electric vehicle market. The company already accounts for a major market share in the EV sector with its Nexon EV and now, the company is all set to expand its portfolio by launching over 10 more EVs in India.

Tata Motor’s current EV lineup includes the popular Tata Nexon compact SUV and the Tata Tiago hatchback. Now, the company is expected to launch multiple EV models by 2026. These models include the EV variants of the existing Petrol/Diesel cars such as the Tata Safari and Tata Harrier.

For starters, the Tata Safari and Harrier are two popular choices when it comes to Petrol/Diesel cars. Now, that these popular choices are slated to get EV version would make up for a great lineup for EV buyers. Some of the other models expected to launch as EVs are Tata Altroz EV, Tata Punch EV, of course, Next-Gen Tata Nexon and Tiago models.

The Tata Altroz Ev was shown at the last year’s Auto Expo 2020. The Altroz EV is touted to come with the same electric powertrain as the existing Nexon EV. It is expected to offer a 250-300 km range on a single charge. Furthermore, the Altroz will be able to get an 80% charge in just 60 minutes of fast charging.

Moreover, Tata has made an agreement with the investment firm TPG Rise Climate for employing the new EV support company. The company will invest a whopping Rs. 7,500 crore for an 11-15 per cent stake in the upcoming EV company. As for now, the new EV support company is called EVCo, but it could soon get a new name publically.

“We have a phased plan to move from generation one to subsequent generations of EVs and in that journey, some of our modern architectures will be adapted to make them more electric ready, specifically to accommodate more battery packs,” said Shailesh Chandra, the President of Passenger Vehicles at Tata Motors.

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