CHEAPEST ELECTRIC CARS IN INDIA

Well-founded concerns around the charging infrastructure and resale value have not slowed down the demand for electric cars in the country, which is witnessing steady growth. In spite of the bullish outlook, the sale of electric cars or 4-wheelers in India contributed merely 13% to the overall figure of 1.90 million EVs sold in 2024. Electric two-wheelers and passenger three-wheelers proved more popular than electric cars.

The Reason?

Lack of affordability and a desire for the cheapest electric car in India.

The existing EV car price in India ranges between INR 3.25 Lakh and 7+ Cr (Average Ex-showroom), with most offerings falling under the bracket of expensive cars. While we are undoubtedly miles away from the era of economical mass electric vehicles or electric cars at low prices, one can indeed explore the more reasonable options available for consumers.

 

 

 

Let's dig deep and discover everything we can about the best budget EV cars in India. 

10 Low Price EV Cars in India

1] Vayve Mobility Eva:

Smart and Sleek Eva, launched in January'25, is capable of accommodating 2 adults and 1 child, comes with a 125-250 Km range, and touches 0-40 Kmph in 5 seconds.

The standout features include Eva's compact design, solar-powered annually free 3,000 Kms and 8-year battery warranty.

Other Key Specifications:

• Battery Packs of 9-18 kWh
• CCS2 Fast Charging
• Solar Integration
• Climate Control
• 3 kW Onboard Charger & Chill Box
• Reverse Camera & Parking Sensors
• Driver Airbags
• Follow-me-house Headlamps
• Unlimited OTA Updates
• 3 Years of Complimentary Data
• Standard & Extended Warranties

Average Ex. Showroom Price: INR 3.25 to 4.49 Lakh

 

2] MG Comet EV:

The street-smart Comet EV, first launched in Aug'23, comes with a seating capacity of 4, travels up to 230 Kms on a single charge, produces a maximum power of 42 PS, and claims a stop speed of 101 Kmph.

Unique features include the compact size, I-SMART technology and a turning radius of 4.2 m.

Key Specifications:

• Permanent Magnet Synchronous Motor
• Battery Capacity of 17.3 kWh
• 7 Hours of Estimated 3.3 kW Charge Time (0-100%)
• Modern Parallel Steps LED Headlamps & Taillamps
• 100-Year Edition Emblem
• Speed Sensing Auto Door Lock
• Tyre Pressure Monitoring System (TPMS)
• ABS + EBD
• Manual Day/Night IRVM
• Electronic Parking Brake

Average Ex. Showroom Price: INR 6.99 to 9.53 Lakh

 

3] Tata Tiago EV:

The new-design Tiago EV, launched in India in September 2022, comfortably carries 5 adults, comes with a range of 293 Km, and travels from 0 to 60 Km/h speed in merely 5.7 seconds.

Prominent features include its latest technology, fast-charge capabilities and effortless fully automatic drive.

Other Specifications:

• 45-55 kW Electric Power Motor
• 19.2-24 kWh High Energy Density Lithium-Ion Battery Pack
• 3.3 kW AC Charger Box
• Dual Tone Dashboard Finish
• Digital Instrument Cluster
• Collapsible Steering Wheel
• Tyre Pressure Monitoring System (TPMS)
• Corner Stability Control
• Auto Door Locks & Seat Belt Reminder
• ABS With EBD
• Electronic Stability Program

Average Ex. Showroom Price: INR 7.99 to 11.14 Lakh

 

4] Tata Punch EV:

The 'beyond everyday' 5-seater Punch EV introduced in Jan'24 claims a 365 Km range plus 56-minute fast charging, and travels 0 to 100 Kmph speed in 9.5 seconds.

The standout features comprise an App suite for personalizing your in-car experience, 20+ variants, and 5-star rated safety characteristics.

Key Specifications:

• Permanent Magnet Synchronous 60-90 kW Motor
• 25-35 kWh Battery Pack
• Liquid Cooled Thermal Management
• Single Chamber & LED Projector Headlamps
• Premium Full Fabric Seat Upholstery
• Collapsible Steering Wheel
• All Disc Brakes & Brake Disc Wiping
• ABS With EBD
• Electronic Parking Brake (EPB) With Auto Hold
• Electronic Stability Program
• Hill Hold Control

Average Ex. Showroom Price: INR 9.99 to 14.29 Lakh

 

5] Citroën eC3:

The advanced five-seater eC3 unveiled in 2023 comes with a range of 246 Km, 57-minute fast charging, and moves from 0-60 in 6.8 seconds.

Unique features include its highly customizable 13 exterior colour combinations, 47 customization options, and 7-year battery warranty.

Key Specifications:

• Permanent Magnet Synchronous 57 kW Electric Motor
• 29.2 kWh Battery Capacity
• High Energy Density Lithium-Ion Battery Pack
• Standard & ECO Drive Modes
• 4.98 M of Minimum Turning Circle Radius
• CCS2 Charging Standard
• Estimated Charging Time of 57 Minutes to 10 Hours 30 minutes
• 5 Yrs/100,000 Kms Electric Motor Warranty
• 3 Yrs/125,000 Kms Vehicle Warranty

Average Ex. Showroom Price: INR 12.76 to 13.41 Lakh

 

6] Tata Tigor EV:

The luxurious tech-ready 5-seater Tigor EV introduced in 2021 comes with a range of 315 Km, 59-minute fast charging ability, and travels from 0-60 Km/h in 5.7 seconds.

Prominent features include its next-gen technology and the tag of being the safest car in India with a 4 Star Global NCAP rating.

Key Specifications:

• Permanent Magnet Synchronous 55 kW Electric Motor
• 26 kWh High Energy Density Lithium-Ion Battery Pack
• Liquid Cooled Thermal Management
• Multi-Drive Modes
• IP 67 Ingress Protection for Motor & Battery Pack
• Collapsible Grab Handles & Steering Wheel
• Digital Instrument Cluster
• ABS With EBD
• Corner Stability Control

Average Ex. Showroom Price: INR 12.49 to 13.75 Lakh

 

7] Tata Nexon EV:

The Nexon EV 5-seater facelift was launched in India in 2023. It claims a range of 489 Km, a 40-minute fast charging capability, and moves from 0-100 Kmph in under 9 seconds.

Unique features include a stunning new design, V2V charging and 5-star rated safety.

Key Specifications:

• 106 kW Electric Motor Power
• 45 kWh High Energy Density Lithium-Ion Battery Pack
• 3.3 kW & 7.2 kW AC Fast Charger Unit
• IP 67 Ingress Protection for Motor & Battery Pack
• Premium Leatherette Seat Upholstery
• ABS With EBD
• All Disc Brakes & Brake Disc Wiping
• Electronic Parking Brake (EPB) With Auto Hold
• Electronic Stability Program
• Tyre Pressure Monitoring System (TPMS)

Average Ex. Showroom Price: INR 14.49 to 19.29 Lakh

 

8] Mahindra XUV400 EV:

The 5-seater XUV400 electric SUV introduced in 2023 comes with a range of 375-456 Km, up to 6.5 hours of charging time, and provides a top speed of 150–160 Kmph.

Standout features comprise a 7-inch extensive touchscreen infotainment system and Apple CarPlay.

Top Specifications:

• 147.51-149.55 kW Battery
• Maximum Torque of 310 Nm
• Shift-by-wire AT
• Disc Front & Rear Brakes
• MacPherson Strut Front Suspension
• Rear Twist Beam Rear Suspension

Average Ex. Showroom Price: INR 16.74 to 17.69 Lakh

 

9] Mahindra eKUV100 (To Be Launched)

Estimated Average Ex. Showroom Price: Approx. INR 8.25 Lakh

 

10] Baojun E100 (To Be Launched)

Estimated Average Ex. Showroom Price: Approx. INR 6.50 Lakh

 

Insuring electric 4-wheelers in India could cost you more than insuring petrol or diesel cars. Established car insurance comparison websites like QuickInsure enable you to analyses all the policies and their premiums and then finalize the most suitable EV car cover for yourself.

Explore now!

 

The FAQs:

 1. How do EV Cars Offer Tax Benefits?

Section 80EEB of the Income Tax Act, with specific eligibility criteria and restrictions, lets you claim tax savings of up to INR 1.5 lakh on interest paid on any loan for purchasing an electric car. Depending on which state you buy the EV car from, you may also get road tax, registration fees and other exemptions. Please always refer to the Government of India Niti Ayog e-AMRIT portal for the most up-to-date information.

 2. Are EV Cars Really Worth More than Petrol Cars?

Owing to the initial costs, electric cars may appear more expensive than their petrol counterparts. However, in the long run, EV cars are worthwhile due to their low operational, maintenance and fuel charges.

 3. What's the Cost of Charging an EV Car in India?

The cost could vary based on charging station types and electricity rates across various states, ranging from INR 4.5/kWh to 15/kWh.

 4. Are Budget-friendly EVs Suitable for Long Drives?

Low-price EV cars often come with short ranges and slow charging speeds, making them less than ideal for long drives. That being said, with appropriate route planning and easy access to charging stations, even budgeted electric cars can be utilized for long-distance travel.

 5. Can I Get a Loan to Buy an EV Car in India?

Yes, green car loans are usually provided at concessional interest rates and with multiple benefits.

 6. How Long Does an EV Car Battery Last, and What is the Replacement Cost?

Generally, it takes 8-15 years, depending on your maintenance quality, battery charging habits and temperature exposure. Similarly, the electric car battery replacement cost varies from approx. INR 4,50,000 to 12,00,000, based on factors such as battery size/capacity, car make/model, and brand name.

 

Disclaimer: This blog is for informational purposes only, and the information provided is sourced from available online resources. QuickInsure does not promote any specific car brand. Please refer to the authorized websites of car brands for accurate and up-to-date information before making any purchasing decisions.