As of August 2023, official reports indicate that the count of Electric Vehicles (EVs) cruising the roads of India has crossed 2.8 million. This number is steadily increasing, reflecting a growing trend as more individuals are switching to EVs. A significant reason behind this rise in EV ownership is the affordability of electric vehicles in the Indian market. Opting for electric vehicles not only gives you savings during the purchase phase but also in terms of maintenance costs. In this blog, we will look into 5 affordable electric cars in India, loved by EV enthusiasts.
5 Affordable Electric Cars In India
India has quite a few affordable electric cars, and today, we’ll check out the details of the most affordable electric cars in India.
Tata Tiago EV
Tata Tiago EV car is a five-seater that comes under the category hatchback and lies between the price range of 8.69 Lakh to 12.03 Lakh in India. It’s the go-to answer to the question, ‘Which is the cheapest EV in India?’ Not only is it budget-friendly, but it’s also recognized as one of the finest electric cars in India.
It takes around 58 minutes to charge this vehicle from 10-80% via 25kw DC charging and it also supports fast charging. With a full charge, this electric vehicle can cover an impressive distance of 315 kilometres. The engine of the Tiago EV delivers a substantial 60.34bhp and 110nm of torque. Also, this vehicle is available in 7 variants and five colours.
Therefore, if you are in search of a reasonably priced hatchback that does not compromise on performance, the Tata Tiago EV is a good choice for you.
Citroen eC3
If you are a fan of SUVs then this 5-seater EV can match your expectations. Citroen eC3 comes between the affordable price range of 11.61 lakhs to 12.99 lakhs. This vehicle impressively offers a driving range of 320 kilometres on a full charge.
Charging this vehicle is a straightforward process, taking approximately 10 hours and 30 minutes for a full charge via AC 3.3kw, with the added convenience of supporting fast charging. Powering the eC3 is an engine that generates 56.22bhp and 143nm of torque. The eC3 comes in three variants and is offered in a selection of thirteen colours. Its popularity has made this one of the leading electric SUVs currently available in the Indian market.
Tata Tigor EV
If you’re in the market for a beautiful electric sedan, the Tata Tigor EV is an option you can consider. This 5-seater vehicle is priced between 12.49 Lakh to 13.75 Lakh. With a full charge, the Tigor EV can offer you a driving range of 315 km. Charging is convenient, taking approximately 59 minutes to reach 10-80% capacity via 25kw DC charging.
The Tigor EV is equipped with an engine that delivers 73.75bhp and 170nm of torque. For those mindful of ground clearance, the vehicle maintains a clearance of 172 mm. Available in three colours and four variants, the Tata Tigor EV stands as one of the most affordable EV cars in the Indian market.
MG Comet EV
The MG Comet EV is a compact 4-seater hatchback and is currently the smallest EV car in India. This is also one of the cheap electric cars in India. If you are in the market for a compact hatchback, the MG Comet EV is worth exploring. The price of this vehicle ranges between 7.98 Lakh to 9.98 Lakh.
With a driving range of 230 km on a full charge, the Comet EV proves to be a practical choice for short-distance driving. Charging the vehicle fully takes approximately 7 hours. The engine of the Comet EV produces a power of 41.42bhp and 110nm of torque.
Comet EV is available in three variants and offers a selection of three colours. Comparing the specifications and pricing, this vehicle is a competition with the Tata Tiago EV, which we discussed earlier.
Tata Nexon EV
The Tata Nexon EV stands as another addition to Tata’s electric vehicle lineup. If you are looking for an electric SUV, the Nexon EV is a good option to consider. This 5-seater SUV falls within the price range of Rs. 14.74 Lakh to 19.94 Lakh.
This vehicle offers a driving range of 465 km on a full charge. Charging the vehicle takes approximately 6 hours through 7.2kw AC charging, and it also supports fast charging for better convenience.
The Nexon EV’s engine delivers 127.39 bhp of power and 215nm of torque. With nine variants available in seven colours, the Tata Nexon EV provides a lot of options for customization. If you have the question, ‘Which EV is the best value for money in India?’ – the Tata Nexon EV stands out as a strong answer to your doubt.
Will electric car prices be reduced?
With innovative technologies and a growing number of consumers in the electric vehicle market, a decrease in the price of electric cars is expected in the near future. With an increasing focus on environmental sustainability and a desire for a greener future, ongoing research and studies aim to make electric cars more economically accessible, so that more people can contribute to a sustainable movement.
In India, if you are planning to purchase an electric car, you can save money in different ways. The Government of India supports the electric revolution by offering incentives and subsidies to individuals investing in electric vehicles. These benefits can reduce the overall cost of owning an electric vehicle. With advancements in technology, there is hope that electric car prices in India will experience a decline in the coming years.
If you are thinking ‘Is it worth buying an EV car in 2024?’ the answer is yes, and for several reasons. Government incentives can reduce the financial burden associated with the initial cost of the vehicle. Furthermore, when compared to traditional vehicles, electric vehicles have lower maintenance costs, and the public charging infrastructure in India generally offers lower charging rates for EVs. So this is the right time for you to invest in EVs.
As we’ve explored these electric cars, it’s evident that regardless of your vehicle preferences, be it a sedan, hatchback, or SUV, there are affordable electric options available. Moreover, with ongoing technological advancements in the electric vehicle (EV) industry, we can anticipate the introduction of more affordable electric options in the years to come. The path towards budget-friendly electrification is in its early stages, and the future appears promising for both environmental sustainability and the average Indian consumer.