Tata Motors to implement price hike for ICE and EV vehicles starting January 1, 2025

At the close of 2024, several car manufacturers, including Tata Motors, have announced upcoming price hikes effective from January 1, 2025. This adjustment will affect Tata Motors’ entire passenger vehicle (PV) lineup, which includes both internal combustion engine (ICE) vehicles and electric vehicles (EVs).

Tata Motors Price Hike Details

As one of India’s leading and highest-selling SUV manufacturers, Tata Motors is renowned for its diverse range of vehicles. Currently, the company offers significant discounts of up to Rs 3.5 lakh on its ICE and EV models to clear dealer inventory and boost sales before the price hike.

Starting January 1, 2025, Tata Motors will implement a systematic price increase of 3% across its entire passenger vehicle portfolio. This increase will apply to all hatchbacks, sedans, and SUVs, including models such as Tiago, Tigor, Punch, Punch EV, Nexon, Nexon EV, Curvv, Curvv EV, Harrier, and Safari.

Tata Motors attributes this price hike to rising input costs and inflation. However, the company emphasizes that it will absorb the majority of the increased costs, passing only a partial increment to customers.

Upcoming Tata Models

While Tata Motors’ current portfolio is performing well, the company is continuously working on expanding its offerings. Exciting new models are in the pipeline, including the Harrier EV and Safari EV, both spotted during testing. The Harrier EV test mule featured a rear electric motor, suggesting a potential dual-motor 4WD setup. Additionally, Tata is set to revive the iconic Sierra nameplate, with concept models and near-production-spec vehicles showcased at recent events. Speculations indicate that the Sierra EV will debut first, followed by an ICE version.

Focus on Quality Control and After-Sales Service

Despite the popularity of Tata Motors’ vehicles, there is always room for improvement. The company is focusing on enhancing quality control and after-sales service, areas where customers have expressed concerns on social media.