The battery-electric compact SUV is on offer for an all-inclusive fixed rental starting INR 41,900/- per month for a tenure of 18, 24 or 36 months.
Tata Motors has announced a first-of-its-kind subscription model for its electric car – the Nexon EV. Designed to make EVs more accessible to a rapidly growing base of future conscious citizens, the automaker is making available its flagship EV at an all-inclusive fixed rental starting at just Rs. 41,900/- per month. Discerning customers can select the tenure of their subscription from a minimum period of 18 months to 24 and 36 months. Through a collaboration with Orix Auto Infrastructure Services Limited, amongst India’s top leasing companies, this service is being offered in 5 major cities – Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru – to start with.
| Flexible Tenure | Monthly Subscription Rate (inclusive of Taxes) |
|---|---|
| 36 months | Rs. 41,900 |
| 24 months | Rs. 44,900 |
| 18 months | Rs. 47,900 |
With no hassle of vehicle registration and road tax, the entire process of subscribing to the Tata Nexon EV has been made seamless via end-to-end digital engagement. Additional benefits include comprehensive insurance coverage, on call roadside assistance plus free maintenance with periodic servicing and doorstep delivery. Additionally, customers can have their own EV charger installed at their home or office, as convenient.
“EVs are the future, and as the leader of this fast growing segment, Tata Motors is committed to popularise their access and use in India. With this novel subscription model, we are making it more convenient for interested users of EVs to experience their myriad benefits. It is ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of shared economy”
Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors
The subscription model is customised and perfectly suited for corporates who prefer to lease, individuals with frequent inter-city job transfers, and expatriates who stay for a fixed tenure, among others. Further, the partnering with Orix Auto provides a comprehensive value proposition, inviting customers to easily experience the magic of EV. Post the tenure of their subscription, customers can either choose to extend it or just return the vehicle.
