Tata Motors has partnered with Orix Auto Infrastructure Services Limited to provide unique ownership plans to Nexon EV buyers in the country. The brand’s flagship electric-SUV is now available for purchase via monthly subscription plans.
Customers looking to buy the Nexon EV can choose from various plans available starting with Rs 41,900 per month. They can choose from various tenure periods which are 18 months, 24 months, and 36 months depending upon the requirements.
After the subscription tenure is completed, customers have a choice to either extend the plan or return the vehicle. The latest service is currently being offered in 5 cities: Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru.
The company claims that the new subscription model will cater to a wider customer base, with its customized plans. It will appeal to corporates employees who prefer to lease, and individuals with frequent inter-city job transfers; among others.
Speaking about the Nexon EV itself, it is offered in three variants, with the base variant priced at Rs 13.99 lakh. While the top-spec variant retails at Rs 15.99 lakh. All prices mentioned are ex-showroom (India). The Tata Nexon EV, when launched, became the cheapest electric-SUV sold in the Indian market.
The Nexon EV is powered by a 95kW electric motor, paired to a 30.2kWh lithium-ion battery pack. The electric powertrain produces 129bhp and 245Nm of peak torque with power sent to the front wheels.
The electric SUV features a claimed driving range of 312km on a single charge. This can be slightly less with the actual usage depending on several factors, and the real-wold milage is rated between 250km and 300km.
The charge times for Nexon EV via a home charger are rated between 7 to 8 hours for a complete charge. While charing the SUV through a fast-charger can charge the batteries from 0 to 80% in just 60 mins.
Tata Nexon EV features a host of equipment including keyless entry, a push-button start/stop, fully-automatic climate control, and a seven-inch touchscreen infotainment system with Apple CarPlay and Android Auto, among others.