Tata Motors launches subscription model for its Nexon EV

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Tata Motors has launched a subscription model for EV of its compact SUV Nexon. The Tata Motors is making available its flagship Nexon at an all-inclusive predetermined rental starting at ₹41,900/month.

Tata Nexon EV is the first car to feature the proprietary Ziptron power-train technology among the current automobile manufacturer. The motor of this all-electric compact SUV is motorized by a 30.2kWh lithium-ion battery. Tata Nexon EV is available in three different variants starting at INR 13.99 lakh. The further variants, Neon EV XZ+ and Neon EV XZ+ LUX are presented for INR 14.99 lakh and INR 15.99 lakh correspondingly.

Tata Nexon EV is power-driven by a 30.2 kWh lithium-ion battery, that can be charged from 0 to 80 % in a minute, with a CCS2-compatible DC fast charger. But, a 15A AC charger will take 8 hours to charge from 20 to 100 %. The battery comes with an eight-year warranty or one lakh sixty thousand km warranty, while the other car has the standard three-year warranty /one lakh twenty five thousand km warranty.

For 18 month tenure, a client will have to pay forty-seven thousand nine hundred as a monthly subscription fee, for 24 months forty-four thousand nine hundred and for 36 months forty one thousand nine hundred per month.

Tata Motors has engaged with rental firm Orix Auto Infrastructure Services to put forward the service with 5 cities including Delhi and Bangalore during the opening phase of the initiate.

According to Tata Motors Passenger Vehicles Business Unit President Shailesh Chandra, the Electric vehicles are the future, and as the boss of this fast-emergent segment, the Tata Motors is dedicated to popularize their access and use in India.

This will be perfect for customers preferring user-ship over ownership in the quickly growing era of the sharing economy. The subscription model is customized for corporate who favor leasing, individuals with regular inter-city job transfers, and expatriates who stay for a permanent tenure, among others.

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