Tata Motors is offering significant discounts on its electric vehicle lineup in February 2026. Buyers can save up to Rs 3.8 lakh on popular models like the Curvv EV, Punch EV, Nexon EV, and Harrier EV. These benefits apply to both older and newer model year vehicles, making it an opportune time for consumers considering an electric car.[rushlane+2]
Curvv EV Leads with Largest Savings
The Tata Curvv EV currently offers the highest discounts this month, with benefits reaching up to Rs 3.8 lakh. This substantial offer applies to Model Year 2024 (MY24) and Model Year 2025 (MY25) chassis variants. Buyers choosing a Model Year 2026 (MY26) Curvv EV can still avail discounts up to Rs 3.3 lakh.The Curvv EV, an electric SUV coupe, starts at Rs 17.49 lakh for its entry-level Creative 45 variant. Its top-spec Empowered+ A Dark model costs Rs 22.24 lakh.The Curvv EV is built on the acti.ev platform and comes with two battery options: a 45 kWh pack offering a 502 km ARAI range and a 55 kWh pack providing a 585 km ARAI range.Both variants feature a front-mounted permanent magnet synchronous motor delivering 215 Nm of torque. The 55kWh version produces 165 bhp.These significant discounts make the Curvv EV a compelling choice for those seeking a feature-rich electric SUV.[rushlane+6]
Punch EV Discounts and Upcoming Facelift
The Tata Punch EV, the brand's smallest and most affordable electric SUV, also sees attractive discounts in February 2026. Buyers can get up to Rs 1.6 lakh off on MY24 and MY25 units. For the latest MY26 Punch EV models, discounts are available up to Rs 90,000.The Punch EV is priced between Rs 9.99 lakh and Rs 14.44 lakh.[rushlane+4]
This timing is notable as Tata Motors plans to launch a facelifted Punch EV on February 20, 2026.The updated model may feature a larger battery pack, potentially offering a range close to 500 km.Interior upgrades could include a larger 12.3-inch infotainment screen, a panoramic sunroof, and an upgraded Harman Kardon audio system with a subwoofer.The facelifted Punch EV might also introduce Level-2 Advanced Driver-Assistance Systems (ADAS).These current discounts on existing Punch EV stock could clear inventory before the new model arrives.[gaadiwaadi+5]
Nexon EV and Harrier EV Offers
The popular Tata Nexon EV receives discounts up to Rs 1.2 lakh on MY24 and MY25 chassis variants this month. Newer MY26 Nexon EV models come with benefits up to Rs 30,000.The Nexon EV is available with prices ranging from Rs 12.49 lakh to Rs 17.49 lakh.These benefits are not variant-specific and apply across all Nexon EV models.[rushlane+4]
Tata's flagship electric SUV, the Harrier EV, also offers discounts up to Rs 1.5 lakh in February 2026.Unlike some other models, the Rs 1.5 lakh discount for the Harrier EV remains consistent for both MY25 and MY26 chassis models across all variants.The Harrier EV also includes a loyalty bonus of up to Rs 1 lakh for existing Tata EV owners and an exchange bonus of up to Rs 50,000.The Harrier EV starts at Rs 21.49 lakh for its base variant, with the top-spec trim reaching Rs 30.23 lakh.[rushlane+7]
The Tata Tiago EV, the company's most affordable electric offering, also features discounts up to Rs 1.5 lakh for MY24 and MY25 chassis models. MY26 Tiago EV variants get benefits up to Rs 60,000.The Tiago EV is priced between Rs 7.99 lakh and Rs 11.14 lakh.Tata Motors is not offering discounts on the Tigor EV in February 2026.[rushlane+6]
Tata Motors Maintains Market Leadership
Tata Motors continues to lead India's electric passenger vehicle market. In January 2026, the company retailed 7,824 units, topping the EV sales chart.This performance reflects a 48% year-on-year increase in electric car and SUV deliveries.Tata's diverse portfolio, including the Tiago.ev, Punch.ev, and the recently refreshed Harrier EV, helps maintain strong sales across different price points.The company's focus on expanding its EV-only T-Point dealerships in Tier-2 cities also contributes to its market dominance.[evfy+6]
Despite its leadership, Tata Motors saw a marginal dip in its overall market share due to increasing competition.In January 2026, Tata's market share stood at 43.4%.Rivals like Mahindra & Mahindra and new entrant VinFast are gaining ground, intensifying the competition in the Indian EV segment.[evfy+6]
Broader EV Market Trends in India
India's electric passenger vehicle market started 2026 with strong growth. Sales surged 51% year-on-year in January 2026, reaching 18,059 units.This growth is driven by a widening model pipeline, more competitive pricing, and improving charging infrastructure.Total electric passenger vehicle registrations for the first 10 months of Fiscal Year 2026 surged 88% year-on-year to 159,983 units, showing rapid adoption.The market is expected to cross the 200,000 unit milestone for the first time in FY26.[m+6]
The Union Budget 2026, announced in early February, focuses on strengthening India's EV supply chain and local manufacturing.Measures include customs-duty exemptions for lithium-ion battery manufacturing equipment and incentives for rare-earth materials.These steps aim to boost domestic battery production and could lead to more affordable EV prices in the long term, within one to three years.While the overall EV market is growing, EV penetration rates saw a slight decline in January 2026. This is due to a faster recovery and sales surge in traditional internal combustion engine (ICE) vehicles.[91wheels+3]
These February 2026 discounts from Tata Motors come at a time of dynamic shifts in the Indian automotive market. They aim to attract new buyers and maintain the company's leading position amid rising competition and evolving consumer preferences for electric mobility.
