Tata Motors, India's leading automobile manufacturer, plans to hike vehicle prices, including EVs, by 0.7 percent starting February 1, 2024, to offset rising input costs. The price increase will vary across models, with popular ones like Tiago, Nexon, Harrier, Safari, and the recently launched Punch EV being affected. Despite the price hike, Tata Motors has seen a commendable 9 percent growth in overall passenger vehicle sales, including electric vehicles, in the domestic market.
