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Tata Motors Launches Tiago EV; electric car priced at $10,000

The operating costs of the Tiago EV are expected to be about one-seventh of the petrol version.

India’s Tata Motors launched an electric model of its popular Tiago hatchback on Wednesday with a sticker price starting at Rs 849,000 ($10,370), making it the most affordable electric vehicle in the country.

Tata is the only automaker currently building EVs in India, and the Tiago EV is expected to extend its lead in the country’s electric car market, even if much of that success is due to government subsidies and high tariffs that kept imports out.

The Tiago EV is significantly cheaper than India’s next most affordable EV – the electric version of Tata’s Tigor compact sedan that starts at about $14,940. However, China has some EV models that start at 32,800 yuan ($4,525).

The operating costs of the Tiago EV are expected to be about one-seventh of the petrol version.

To travel 1,000 kilometers (621 miles), a petrol Tiago would require 7,500 rupees worth of fuel, while the charging cost for the EV model would be 1,100 rupees, said Shailesh Chandra, director of Tata Motors Passenger Vehicles and its EV subsidiary. .

The cheapest version of the Tiago EV will have a range of 250 km on a single charge, while a more expensive version will offer a range of 315 km.

($1 = 81.8900 Indian Rupees)

($1 = 7.2487 Chinese Yuan)

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