Tata Motors, which has been dominating the EV market, retailed nearly 7,000 electric cars in February 2024, marking a sales growth of 30.18 percent compared to the same month last year. Currently, the indigenous automaker is offering attractive discount offers on its EV product portfolio, except for the newly-launched Tata Punch EV. These discounts and benefits aim to clear the unsold stock from 2023, although the Nexon EV and Tiago EV for the 2024 model year are also available with appealing offers. It’s important to note that the discounts and benefits mentioned below may vary depending on the dealer and city.
The pre-facelift Tata Nexon EV (model year 2023) is available with a cash discount of Rs 2.30 lakh and an exchange bonus of Rs 50,000. Buyers can also enjoy benefits of up to Rs 3.15 lakh on the Nexon EV Max, which includes a cash discount of Rs 2.65 lakh and an exchange bonus of Rs 50,000. The Nexon EV Max is equipped with a 40.5kWh battery and a 143bhp electric motor, offering a promising range of 437km on a single charge.
The 2024 model year of the Tata Nexon EV comes with a green bonus of Rs 20,000. It’s worth noting that there are no exchange benefits or cash discounts on the updated Nexon EV. This electric subcompact SUV is available with 30.2kWh and 40.5kWh battery packs, providing claimed ranges of 325km and 465km, respectively.
Customers can save up to Rs 65,000 on the Tata Tiago EV for the model year 2023. This includes a green bonus of Rs 50,000 and an exchange benefit of Rs 15,000. The 2024 Tiago EV offers an exchange bonus and an offer of Rs 25,000 and Rs 10,000, respectively. The Tiago EV is equipped with 19.4kWh and 24kWh battery options, offering ranges of 250km and 315km, respectively.
The Tata Tigor EV (model year 2023) is currently available with a total discount of up to Rs 1.05 lakh, comprising a cash discount of Rs 75,000 and an exchange bonus of Rs 30,000. This electric compact sedan features a 26kWh battery pack with a permanent magnet synchronous electric motor delivering 75bhp and 170Nm of torque, promising a range of 315km on a full charge.