Buying an EV may not be a luxury soon as competition heats up

Mumbai: In India, electric cars have been too costly for many. But when Tata Motors launched its Tiago EV (electric vehicle) earlier this week, it lowered that hurdle and posed a challenge to rival carmakers to line up matching offers.

With the Tiago EV’s starting price of Rs 8.49 lakh, the price gap between a conventional internal combustion engine car and its electric version in India has narrowed enough to coax all those who had put their electric car plan on the back burner to go for it.