Mumbai, June 12, 2026: Tata Motors Passenger Vehicles Limited (TMPV) today announced a decision to increase the prices of its SUVs and electric vehicles. According to the company, the prices of the passenger vehicle portfolio will be increased by a maximum of 1.5%. which include internal combustion engines (ICE) and electric vehicles (EV). The revised rate hike will be effective from 1st July 2026.
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This price hike is being done to mitigate the impact of rising production costs and persistent inflationary pressures to some extent. While TMPV is bearing the bulk of the increase itself, some of it is being passed on to consumers through the hike. The price hike limit will vary across models and variants, thereby maintaining the overall value proposition of each product.
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