New DelhiTata is raising electric car prices too.
Battery costs keep falling, so buyers financing at the margin pay more anyway.
Traction motors and power electronics rely on rare-earth magnets and imported parts, now pricier under export curbs and duties.
It is Tata’s third price rise this year, effective September 1, days before festive-season buying.
Sources: NDTV, News18, MoneyControl