Home Gadgets Tata Motors Announces First EV Price Cuts in India; Electric Car Prices...

Tata Motors Announces First EV Price Cuts in India; Electric Car Prices Lowered By Up to 8 Percent

320

Tata Motors has announced a price cut of up to 120,000 rupees (~$1,450). The price cuts of up to 8 percent are the first such by an electric carmaker in the country. Currently electric vehicles form just 2 percent of car sales in India, as buyers are wary about the higher upfront costs despite lower running costs and as range anxiety persists.Tata Motors has announced a price cut of up to 120,000 rupees (~$1,450). The price cuts of up to 8 percent are the first such by an electric carmaker in the country. Currently electric vehicles form just 2 percent of car sales in India, as buyers are wary about the higher upfront costs despite lower running costs and as range anxiety persists.