Business Standard

E-tigor debuts as most affordable e-car

- SHALLY SETH MOHILE

Tata Motors’ e-tigor, the most affordable e-vehicle among ESUVS and e-cars, went on sale on Tuesday. The vehicle is priced between ~11,99,000 and ~12,99,000.

“With e-tigor, we plan to take EVS to the next level of affordabil­ity,” said Shailesh Chandra, president, passenger vehicle business unit, Tata Motors. The company is targeting upwardly mobile urban car buyers who opt for an automatic transmissi­on car and who are willing to spend up to ~13,00,000, he said.

“The saving per kilometre for e-tigor is ~6.5. So, if you have a 12,000-km running, the savings would be up to ~78,00080,000, meaning in the ownership period of 4-5 years, it can

translate into savings of ~3.5-4 lakh,” Chandra said.

Available in three trims, the model is powered by a 26-kwh liquid-cooled, IP 67-rated battery pack and claims an extended Arai-certified range of 306 kilometres. The exshowroom Delhi price of the comparable Tigor top-end model is ~7,81,000. Including

registrati­on, insurance and road taxes, it goes up by almost a lakh. Electric Vehicles are exempted from road tax and registrati­on. This further reduces the price gap betweeen combustion engine-powered vehicles and EVS.

The prices of most other EV models in the premium and super premium segment of passenger vehicles are almost double of combustion enginepowe­red models.

On whether Tata Motors is taking a hit financiall­y on enexon and e-tigor, Chandra said, “We are in the business of value creation and will not run any business that is not profitable. I can confirm that it is a profitable business vertical.” He declined to comment on the volumes planned for the e-tigor.

Tata Motors entered the EV market for personal buyers in the first quarter of FY21 with e-nexon. According to Chandra, the mindset on EVS has seen a rapid change in the last one year and has got an additional thrust due to the state government-led incentives. The e-nexon sells the same number as Nexon diesel — i.e. 1,800-2,000 units a month, he said.

 ??  ?? e-tigor prices start from ~11,99,000
e-tigor prices start from ~11,99,000

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