Many people think electric cars are too expensive. But that’s not really true.
Some companies like Tata Motors and MG Motor have lowered their prices recently.
So now, you can make up for the extra money you spend on buying an electric car in less than a year.
Electric cars are also cheaper to run per kilometer than regular cars, especially with lower registration fees.
Tata Motors has reduced prices. The Nexon EV now costs Rs 14.5 lakh, which is Rs 1.2 lakh less, and the Tiago’s base model is now Rs 8 lakh, down by up to Rs 70,000.
Tata says they’re able to do this because batteries are cheaper now. Vivek Srivatsa from Tata said, “Batteries are a big part of an electric car’s cost, and their prices have gone down.
So, we’re passing on the savings to customers.”
Tata aims to get more people to buy electric cars. They say you can recover the extra cost of buying an electric car in less than a year compared to petrol cars.
In Delhi, where petrol and diesel are expensive, driving an electric car saves a lot of money.
MG Motor also cut prices. They reduced the Comet Mini Electric’s price by Rs 1 lakh to Rs 7 lakh,
and the ZS electric SUV’s entry-level variant now starts at Rs 19 lakh instead of Rs 22 lakh.
Gaurav Gupta from MG Motor said they could lower prices because they’re making more parts locally, have better logistics, and reduced long-term costs.
