Tata Motors, India’s leading automobile manufacturer, has announced a price increase of up to 3% across its passenger vehicle portfolio, including electric vehicles (EVs). The revised pricing will take effect from January 2025.
The company stated that the price adjustment would vary depending on the model and variant. The hike is aimed at partially offsetting the rising input costs and inflationary pressures that have impacted the automotive industry.
This move reflects a broader trend among automakers seeking to balance cost challenges while maintaining competitive offerings in the market. Despite the price increase, Tata Motors remains committed to delivering value to its customers through its range of innovative and reliable vehicles.
