New Delhi: Tata Motors on Thursday announced the launch of subscription scheme for its Nexon EV. Under this scheme, the Tata Nexon EV will be available for a monthly price of Rs 41,900 (for 36 months), informed the company,
As the automaker claims, this scheme will make the electric SUV more affordable for the customers.
The automaker also said that the customers can choose from three subscription duration options, which are 18 months, 24 and 36 months.
For 18 month tenure, a customer will have to pay Rs 47,900 monthly subscription fee, for 24 months Rs 44,900 and for 36 months Rs 41,900 per month.
For this, Tata Motors has partnered with leasing firm Orix Auto Infrastructure Services to offer the service in five cities – Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru. Later the service will be rolled out to other cities.
Commenting on this scheme, Tata Motors Passenger Vehicles Business Unit President Shailesh Chandra said, “EVs are the future, and as the leader of this fast-growing segment, the company is committed to popularise their access and use in India.”