In a statement, Tata Motors said, “The price of cars is going up due to the increase in the cost of raw materials for the production of cars.” The new hike is expected to take effect on April 23.
Pricing for the second time this year
Earlier, Tata Motors’ car prices rose 0.9 per cent in January. At the same time, the company said that the increase in the price of cars was due to the increase in raw material prices.
Earlier this month, Tata Motors announced a 2.5 per cent hike in the price of commercial vehicles.
Top selling point
Tata Motors has topped the list of top sellers of passenger vehicles in the Indian market in the last few years, amid rising vehicle prices and the Corona epidemic.
also read: Sales of electric vehicles tripled in last financial year ..
The first electric car
Tata Motors launched the all-electric electric SUV in India in 2020 under the name Nexan EV. Following that, another mid-size EV car was introduced in 2021. Its name is Decor EV.
Tata Motors Current Cars:
Tata Motors, a domestic manufacturer, owns 7 ICE cars. Cars are currently being sold under the names Decor, Ultras, Punch, Nexan, Harrier, and Safari. There are also Nexan EV and Decor EV models.
also read: Discount up to Rs 65,000 for Tata cars .. How much offer for which cars?
New electric car launches on April 2:
The market for electric vehicles in India is growing due to the increase in fuel prices and the growing awareness of the need to use environmentally friendly vehicles. In this context, Tata Motors has announced the launch of a new electric car on April 29. Tata plans to hold a press conference later in the day and introduce the car in their presence. Although Tata recently released a preview video of the car, it did not release any details.
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