Prices have gone down by Rs 20,000 to Rs 1.20 lakh, depending on the variant.
Tata Motors just announced a price cut on two of its most popular EVs – the Nexon EV and the Tiago EV – on account of reduced battery costs in the recent past. Prices for the Nexon EV now start from Rs 14.49 lakh for the Creative+ MR variant, and top put at Rs 19.29 lakh for the Empowered+ LR variant. Let’s take a closer look at how the prices have been affected across the board.
Tata Nexon EV prices reduced
| Tata Nexon EV prices (ex-showroom) | |||
|---|---|---|---|
| Variant | New Price | Old Price | Difference |
| Creative+ MR | Rs 14.49 lakh | Rs 14.74 lakh | Rs 25,000 |
| Fearless MR | Rs 15.99 lakh | Rs 16.19 lakh | Rs 20,000 |
| Fearless+ MR | Rs 16.49 lakh | Rs 16.69 lakh | Rs 20,000 |
| Fearless+ S MR | Rs 16.99 lakh | Rs 17.19 lakh | Rs 20,000 |
| Empowered MR | Rs 17.49 lakh | Rs 17.84 lakh | Rs 35,000 |
| Fearless LR | Rs 16.99 lakh | Rs 18.19 lakh | Rs 1.20 lakh |
| Fearless+ LR | Rs 17.49 lakh | Rs 18.69 lakh | Rs 1.20 lakh |
| Fearless+ S LR | Rs 17.99 lakh | Rs 19.19 lakh | Rs 1.20 lakh |
| Empowered+ LR | Rs 19.29 lakh | Rs 19.99 lakh | Rs 80,000 |
As can be seen from the table above, prices of the Medium Range (MR) variants of the Nexon EV have gone down in the range of Rs 20,000 – Rs 35,000, depending on the variant. Meanwhile, the Long Range (LR) variants see a more significant drop in price of up to Rs 1.20 lakh, although the top-spec trim only sees a reduction of Rs 20,000.
For reference, the Nexon EV’s direct rival, the Mahindra XUV400 EV is priced between Rs 15.49 lakh – Rs 16.74 lakh for its Short Range variant, while the Long Range variant is priced at 17.49 lakh. The XUV400 EV recently received a major interior update, and with top-end prices undercutting the Nexon EV by a fair margin, it does come across as good value.
Tata Nexon EV range and specs
The Nexon EV facelift is available in two variants – MR with a 30.2kWh battery and LR with a 40.5kWh battery. The MR has an ARAI-claimed range of 325km, while the LR has a range of 465km. Both versions now get a 7.2kW AC charger as standard, which tops up the batteries from 10 to 100 percent in 4.3 hours for the MR, and 6 hours for the LR. As for outputs, the MR produces 129hp and 215Nm of torque, while the LR produces 145hp and 215Nm.
In comparison, the Mahindra XUV400 gets a 34.5kWh battery or a larger 39.4kWh battery for the EC Pro and EL Pro variants, respectively. The former battery has a claimed range of 375km and the latter has a claimed range of 456km, both on the MIDC cycle. Both variants of the XUV400 Pro are powered by a front axle-mounted electric motor that produces 150hp and 310Nm of torque.
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