Key Highlights
- Tata Motors announces price hike for EV models
- New prices to come in effect from January 2025
- Increased prices will vary depending on the variants
Electric vehicles have emerged as an affordable alternate to ICE vehicles in terms of daily run. However, seems like owning an EV will become an expensive affair from 2025. This trend of EVs getting expensive will not be just limited to electric four wheelers but also two wheelers. One of the country’s top auto brands, Tata Motors have just announced price hike for its popular hatchback, SUVs and sedans along with its electric vehicle fleet.
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Also Read: Tata Harrier EV March 25 India Launch Confirmed
Tata Electric Vehicle Price Hike: Models And Expected Price Surge
Automobile brands including Tata are planning to give a price hike to their popular car models. Tata Motors will be giving a price hike to its PV (passenger vehicle) portfolio starting next year. The company will be increasing prices of the ICE and EV car models. The increased prices will be reflecting on Tata cars starting January 2025 itself.
At this point, Tata has not announced the complete list of the models that whose prices will be increased from next year. However, all models including the Tiago EV, Tigor EV, Punch EV, Nexon EV, and the Curvv EV will be sold at higher rates starting Jan 2025. As for the increased prices, a systematic price hike of 3 percent on all Tata EVs will be applicable from next year.
Also Read: Range Anxiety Vs. Charging Infrastructure: Addressing Common EV Concerns
What’s The Reason For Price Hike?
The reason for the inflation in the prices is said to be the increased input and inflation costs. Tata Motors have itself revealed why the prices are being hikes. Additionally, the company has also clarified that the price surge will be depending on the model and variant. We can expect the new price list to be released starting January itself.

