Home Electric Cars Tata Motors open to offer Tata Nexon EV for fleet buyers

Tata Motors open to offer Tata Nexon EV for fleet buyers

Tata Motors is open to offering its just recently introduced Tata Nexon EVs to the fleet client, as mentioned by Shailesh Chandra, President, Electric Mobility Business Unit, Tata Motors. In an interaction with livemint.com, Mr Chandra was clarifying Tata Motors’ positioning of the Nexon EV in the individual automobiles section.

I will not state that I will not place the Nexon EV in the industrial section, it indicates a lot for driving my EV volumes in the future. I will be really selective. I will be open to providing my Nexon EVs to Taj (Hotels) as it would just boost my brand name.

Shailesh Chandra, President, Electric Mobility Business Unit, Tata Motors to LiveMint.

Tata Nexon EV was released in 3 variations– XM, XZ and XZ LUX– priced at Rs 13.99 lakh, Rs 14.99 lakh and Rs 15.99 lakh ex-showroom respectively, targeting personal automobile owners. This makes the very first 2 versions ideal for the business fleet to be qualified for advantages under the FAME 2 plan. Under the FAME 2 plan, commercially signed up electrical cars priced listed below Rs 15 lakh are enabled rewards as much as 20% off the ex-factory rate with an optimum cap of Rs 3 lakh or Rs 10,000 per kWh on the battery capability, whichever is lower. This is extra to a minimized GST rate of 5% on electrical cars. Lots of states are likewise thinking about excusing electrical cars from registration charges.

Tata Nexon EV official image
The fleet purchaser would get a massive INR 3 lakh aid on the XZ variation, however Tata Motors does not desire the Nexon EV to be viewed as a taxi.

Tata Motors hasn’t yet chosen yet on the fleet however will be studying Nexon EV’s sales for the next number of months and obtain feedback. Mr Chandra feels that the choice to offer the automobile for fleet applications depends upon what those applications do, either to improve the brand name or to drive the EV need forward.

[Source: livemint.com]