April 20, 2024

  • Daily Motion

Tata offers monthly subscription plans on Nexon EV 

monthly subscription plans on Nexon EV 

Tata offers monthly subscription plans on Nexon EV 

Electric vehicles manufacturers don’t want to stay behind, by hook or by crook they want to increase the growth and sales of electric vehicles. Electric vehicles manufacturers these days grabbing the attention of the consumers by offering subscription plans. So, here is a piece of great news for all those people who are planning to buy an electric car. 

monthly subscription plans on Nexon EV 

Earlier Revolt Motors offered subscription plan for its first AI-enabled electric bikes in India during the launch itself and recently Hero Electric and Ampere Vehicles have also announced their subscription and lease plans on their electric vehicles. Now the Tata Motors has also announced it’s first of its kind’ subscription plan for its electric SUV Tata Nexon EV.

Monthly subscription plans on Nexon EV 

This subscription plan is on a monthly basis with all-inclusive fixed rental starting at just Rs.41,900 per month. Tata is offering three options of subscription plans from which customers can select from such as 18 months to 24 and 36 months.

Tata Motors has partnered with Orix Auto Infrastructure Services Limited, India’s leading leasing company to offer the subscription plans in five major cities-Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru.

The monthly subscription rate for three different options is Rs. 41,900 for 36 months, Rs. 44,900 for 24 months, and Rs 47,900 for 18 months.

Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors, said, “EVs are the future, and as the leader of this fast-growing segment, Tata Motors is committed to popularise their access and use in India. With this novel subscription model, we are making it more convenient for interested users of EVs to experience their myriad benefits. It is ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of a shared economy.”

The subscription process can be availed online with additional benefits including comprehensive insurance coverage, on-call roadside assistance plus free maintenance with periodic servicing and doorstep delivery. Not only this the customers can also have their own EV charger installed at their homes or office as per their convenient.

Tata Nexon EV comes with Tata’s advanced Ziptron Technology. It gives a 312 km range and comes with a 30.2 kWh Ip67 certified battery pack with 8-year warranty. It delivers 245 NM of Torque and can accelerate 0-100 km/ph in 9.9 sec.

The Nexon EV comes in three variants such as XM, XZ+ and XZ+ Luxury. The XM variant priced at Rupees 13,99,000, Xz+ priced at 14,99,000 and XZ+ Luxury is priced at 15,99,000.

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