New Delhi: Tata Motors on Tuesday said that its electric vehicle arm has reduced prices of two models – Nexon.ev and Tiago.ev – by up to Rs 1.2 lakh on account of reduction in battery cost.
The auto major has cut the price of Nexon.ev by up to Rs 1.2 lakh and now the model price starts at Rs 14.49 lakh.
Similarly, the company has reduced the prices of Tiago.ev by up to Rs 70,000 with the base model now starting at Rs 7.99 lakh, Tata Motors said in a statement.
Introductory prices of the recently launched Punch.ev remain unchanged as they already factor in reduction in battery cost in the foreseeable future, it added.