Tata Motors has announced that it has reduced the monthly subscription price of the Nexon EV and now starts at INR 29,500 per month which is available only for a limited time period. The subscription plan was first introduced in August at INR 41,900 for a 36-month tenure and then in September, it was brought down to INR 34,900 per month.
Tata claims that this subscription is a smarter way of owning the Nexon EV without the humdrum like insurance renewals, servicing and maintenance associated in buying a car the conventional way. The subscription plan offers you to own the Nexon EV at a price cheaper than EMI which makes it a more affordable and convenient option. With this package, you get to drive home the Nexon EV without paying for the down-payment, insurance, service and maintenance, road tax and registration. In addition to that, Tata is also offering a complimentary personal EV charger box. You just need to pay a fixed monthly fee for the selected tenure, the minimum being 12 months and maximum being 36 months.
The process of cancelling the subscription at any point of time before the tenure is that you need to give 1-month notice and pay the pre-termination charges. Once your subscription tenure ends, you can choose to return the car or extend the subscription. Customers can avail the Nexon EV subscription and know more about it by visiting the official Tata Nexon EV website or contact the sales channel using a toll-free telephone number.
Tata Nexon EV was launched in start of this year and is offered with three trims, XM, XZ+ and XZ+ LUX. It uses a 30.2 kWh lithium battery which powers an electric motor having an output of 127 BHP of power and 245 Nm of torque. The ARAI-certified range is 312 km on a single charge. The standard charging time using an AC source is 8-9 hours although there is an option of fast charging which can fill up to 80% of the capacity in 1 hour. Nexon EV has two driving modes – Drive and Sport and comes with three colours Glacier White, Moonlight Silver and Signature Blue/Silver. The prices for this electric vehicle from Tata start from Rs.13.99 Lakhs and go all the way up to 16.25 Lakhs (ex-showroom Delhi).