Almost every automaker has announced a price hike throughout its segment in April, and Tata Motors has now announced a 1.1 percent price hike across its passenger vehicle segment. To tackle the rise in input costs, the automaker has raised the prices of its passenger automobiles. The 1.1 percent increase will be applied to all Tiago, Tigor, Nexon, Altroz, Punch, Harrier, Safari, Nexon EV, and Tigor EV models.
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Tata Motors has effectively raised the price of its vehicles 3 times in 2022. Earlier in January, the brand increased the price of its product lineup, then in March, some models saw a 2-2.5 percent increase, and now in April, the brand has increased the price of its lineup once again.
Several manufacturers, such as Mahindra, and Maruti Suzuki, among others, have raised the price of their products to cover material input costs.
With the Tiago, Tigor, Punch, Nexon, Nexon EV, Harrier, and Safari, the brand now has a presence in almost every segment. Tata Motors is on a spree to introduce new cars to the Indian market, particularly EVs. The brand has showcased an EV concept vehicle and plans to launch two new high-range EVs for the Indian market in the next two years. It recently unveiled the Curvv electric coupe EV concept car, which will hit the market in the next two years.
Not only that, but the company is also working on the high range Nexon EV, which has been spotted multiple times. The electric SUV is believed to have a 400-kilometer range and a 40-kWh battery pack rather than the current 30.2-kWh battery.
Also Read: Check Out The Latest Prices Of Volvo India Cars With Its Latest Price Hike
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