Tata Motors has announced that it will raise the prices of its passenger vehicles, including electric cars, starting in April. This will be the second price hike this year. The company said the increase is necessary to cover rising production costs.
Just a day earlier, Tata Motors also confirmed that it would increase the prices of its commercial vehicles by 2% next month.
The exact price hike for passenger vehicles will depend on the model and variant. Earlier, in January, the company had increased prices by up to 3%.
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Tata Motors offers a variety of cars, including electric vehicles, with prices ranging from ₹5 lakh to ₹25.09 lakh (ex-showroom Delhi).
Meanwhile, Maruti Suzuki has also announced a price hike of up to 4% on all its models from April.
