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3 Lakh Rs Discount On EV’s! Battery Prices Reduced-Buy These EV’s Right Now ?

In a recent news report Tata has announced that the prices of EV's would come down.

Seeking an EV for yourself in the market? Well good news for you, as the prices of several EV’s such as the Tata Nexon EV’s as well as the Mahindra’s EV’s has been sliced down.

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In a recent news report Tata has announced that the prices of EV’s would come down further. As of yet the Nexon EV is available at a reduction of around 3 lakh Rs. As per the official word the company is forwarding the benefits of battery price reduction to its customers. Tata is not the only manufacturer, Mahindra is also offering a discount of around Rs 3 Lakh on its XUV 400 EV.

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Huge Discounts Ahead On EV’s

As per a recent report by TOI, automakers like Tata, Mahindra, Ather Energy and Hero would offer huge discounts on their offerings soon. The reason behind the discount as per TOI was the stock up of vehicles in inventories.

The Report also mentioned that the manufacturers were offering such discounts to meet with the CAFE( Corporate Average Fuel Efficiency ) Norms. CAFE norms access and evaluate the entire lineup of a manufacturer rather than a single model.

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Tata’s Official Word On The EV Price Reduction

Tata has officially announced that the discounts are being offered due to the benefit they have received as a manufacturer due to reduced battery prices.  “Tata Motors has proactively taken a price reduction of up to Rs 3 lakh on the Nexon.EV, passing on the benefits of battery price reduction to its customers.” Beyond this no other brand has made any clarifications in the public sphere. So the reason behind the discounts have been the reduction in battery prices rather than over production of EV vehicles.

EV Launches Slated for January

Harrier EV/ Safari EV

Harrier as well as The safari have been successful cars of the Tata Clan. The EV variants of both the vehicles would be powered by a Dual Motor AWD setup. For the entry level variants a single motor version would be made available as well. While the brand has not released any details about the battery size of the vehicle its apparent that the car would have a driving range of about 450-550 on a single full charge. The car would closely mimic the styling of the ICE Harrier.

Tata has significant plans to increase the vehicles in their EV line up and hence they would be soon be adding a EV Safari in their lineup as well. The new safari that is set to be launched 2025 would be a EV MPV with three row seating that is particular to the Safari Moniker. Safari would have similar EV credentials as that of the harrier with a driving range of around 400 to 500 km on a Single full charge.

Hyundai Creta EV

The Hyundai Creta EV has been Recently teased by Hyundai. The vehicle would have a new façade with a EV spec grill that is a stand out feature of all EV vehicles. The vehicle would have a similar interior as that of the normal Creta, a new EV spec steering wheel along with new aero wheels. The car would have the same powertrain as that of the Kona EV, a 48 KWH battery pack that delivers a optimum output of 134 BHP and a peak torque figure of 255 NM.

Venue EV

Hyundai is also in the pursuit to launch a new sub 4 meter small EV SUV that would be based on the ICE version of the Venue. The vehicle would have a similar design as that of the normal Venue, and would be another approach of Hyundai at pitching a affordable EV in the Indian market.

Mahindra XEV 7eEv

The recently filed trademark of an all electric XUV 700 EV has led to the rumor’s that the vehicle could be named XEV7e and launched soon. The XEV 7e would be a fully EV version of the XUV 700 with visible changes that would be based on the appearance of the XEV 9e. As per the leaked images it has become clear that the interior of the vehicle would be similar to that of the XEV 9e. Mahindra has not yet revealed any of the details about the battery pack that would power the vehicle, it could be powered by the same battery pack offered in the XEV 9e.

Also Read: Volkswagen To Launch Two New Vehicles Soon- Here Are All The Details

ABOUT THE AUTHOR

news24desk

news24desk

News Desk Team

The News Desk is made up of experienced editors specializing in different areas, including politics, entertainment, technology, and health. Each member brings valuable knowledge to ensure that our articles are accurate and insightful. We take fact-checking seriously, reviewing every piece of news before it is published. This commitment helps us provide reliable information and meaningful insights to our readers. Our editors work together to tell engaging stories that keep our audience informed about current events. With a focus on transparency and accountability, the News Desk is dedicated to delivering quality news you can trust.

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First published on: Jan 02, 2025 09:12 AM IST


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