Auto

The Tata Nexon EV’s Six-Month Waiting Period Has Ended; 13,500 Units Have Been Sold

The Nexon EV waiting list continues to grow, thanks to state subsidies such as those offered by Maharashtra and others.

Since its launch in January 2020, Tata Motors has sold 13,500 Nexon EVs in India, according to the company. The Nexon EV has been the most affordable electric SUV in India since its launch. The SUV has a strong foothold in the EV market thanks to multiple subsidies and benefits offered by various Indian states.

A quick call to the dealers reveals that most Nexon EV variants are currently subject to a six-month wait in a number of locations. Maharashtra accounts for the majority of reservations, thanks to the state government’s subsidy and early bird benefits for new electric vehicle buyers.

Read Also: A Jeep 7-seater SUV with ADAS sensor launched in India soon

The Tata Nexon EV's Six-Month Waiting Period Has Ended; 13,500 Units Have Been Sold
The Tata Nexon EV’s Six-Month Waiting Period Has Ended; 13,500 Units Have Been Sold

The benefits were supposed to end on December 31, 2021, but the state government decided to extend them until March 31, 2022, adding to Nexon EV’s backlog of waiting periods.

Maharashtra’s electric vehicle policy offers a base incentive of Rs 5,000 per kWh of vehicle battery capacity, with a maximum incentive of Rs 1.50 lakh. The policy also allowed EV buyers to take advantage of early bird incentives if they purchased a vehicle before December 31, 2021, which has now been extended to March 31.

This means that Nexon EV buyers could save up to Rs 2.5 lakh (Rs 1.5 lakh as a subsidy and Rs 1 lakh as an early bird incentive), bringing the vehicle’s price down by a significant amount. In addition, all Tigor EV variants are eligible for the subsidy and will continue to be sold with the early bird discount. In the four-wheeler category, only two models – both from Tata – are eligible for these benefits.

Read Also: The Royal Enfield Classic 350 Costs Twice as Much in The UK

Dealers have also revealed the Nexon EV Dark edition’s growing popularity, which is now preferred by more buyers due to its all-black appearance that stands out among the other paint shades.

The Tata Nexon EV's Six-Month Waiting Period Has Ended; 13,500 Units Have Been Sold
The Tata Nexon EV’s Six-Month Waiting Period Has Ended; 13,500 Units Have Been Sold

We recently reported that, as a result of the subsidy extension, a large number of buyers have switched to qualifying Nexon EV variants to take advantage of the subsidy. This has resulted in a six-month or longer wait time for qualifying Nexon EV variants. Non-qualifying variants, such as the top-of-the-line XZ+ LUX, can be delivered in as little as two months.

In contrast, the Tigor EV, which was just released, has a one-month waiting period for most variants.

What’s Next for The Tata Nexon EV?

While dealers are busy taking new orders and fulfilling existing deliveries for the Nexon EV, Tata Motors has already started testing a long-range variant for the compact SUV, which will include a few other mechanical tweaks and upgrades, such as four-wheel disc brakes. The Nexon EV will be available in showrooms in the coming months.

Read Also: The 2022 Beijing Motor Show Will See The Debut Of A New MG Electric Hatchback

Tata Motors is also preparing a slew of electric SUVs for the North American market. Learn more about the upcoming Nexon EV Coupe and Sierra EV in this video.

Related Articles

Back to top button

Adblock Detected

Please close Adblocker