Tata Motors had launched the new Tiago EV in the country at the end of November 2022. The electric hatchback was launched at an introductory price tag of Rs 8.49 lakh – 11.49 lakh (introductory, ex-showroom, India). The company is all set to increase the prices of the Tiago EV by three to four percent. It is expected that the electric hatchback could get pricier by up to Rs 30,000-35,000.
At the time of launch, Tata Motors had announced that the introductory prices were valid for the first 10,000 customers only. The electric hatchback has received an overwhelming response from buyers, as it recorded over 20,000 bookings in less than 1 month. The introductory prices were extended to the first 20,000 customers as the Tiago EV.
Speaking to AutoCarIndia, Shailesh Chandra, MD of Tata Motors Passenger Vehicles & Tata Passengers Electric Mobility said that the price hike is not just related to the introductory prices. Another factor behind the price hike is that “battery prices have increased by 30-35 percent, and it is not fully passed on to the buyers.”
The Tata Tiago EV currently contributes to 30 to 35 percent of all Tiago bookings. Deliveries for the Tiago EV are scheduled to commence by mid-January. Tata aims to complete delivery of the first batch of the EV within 4 to 5 months. It is reported that Tata Motors is aiming to increase production of its electric vehicles to 1 lakh unit per year.
Video – Tata Tiago EV First Drive
The Tata Tiago EV is available with two battery pack options – 19.2kWh and 24kWh. The electric hatchback has a permanent magnet synchronous electric motor delivering 74bhp and 114Nm with the 24kWh battery and 61bhp and 110Nm with the 19.2kWH battery. The smaller battery version can accelerate from 0 to 60kmph in 6.2 seconds, while the 24kWh battery model can do the same in 5.7 seconds. The entry-level model is claimed to deliver 250km range, while the latter offers 315km of range on a single charge.
Source – AutoCarIndia
