EVs in India: Affordable Strategies

Navya Parmar

Author Description


The market of Electric Vehicles (Evs) in India is rapidly expanding due to the surge in EV registrations and the introduction of new models and companies marking their goals in the industry. In fact, over 2.8 million EVs are registered on Indian roads. While it may seem that everyone has access to these new and upcoming models and vehicles, are they really worth it? Let’s discuss.

Overall, due to the needs in the environment, EVs in India are strongly worthy for their benefits. Why? These are the reasons for why EVs may be worth your money.

  • They have lower fuel needs and maintenance costs. Petrol cars will need constant servicing and problems with engines and tanks are often. Additionally, there are many lease models that help reduce prices
  • FAME II allows for state-specific, government support for the use of electric vehicles, meaning there is funding for these initiatives, making this option a better run for your money.
  • Long-term value for EVs is there for new drivers who are looking to see if electric vehicles are worth it as it caters towards users with heavy usage.

EVs can be used by anyone, regardless of any past experience with them, as they bring the benefits mentioned above. But if you’re interested in buying them, you may need to strategize. Let’s break down options for the most affordable/cheapest options for your EV.

ModelEx‑Showroom Price (₹ lakh)Range (km)Entry‑level value
Vayve EVA~3.25 (pre‑launch)~150–200?Ultra‑budget hatchback
MG Comet EV~6.2–7~230Cheapest available
Tata Tiago EV~7.99–11~250–315Efficient city EV

Tata Punch EV~9.99–15.5~365SUV‑style small car
MG Windsor EV (BaaS)~12.5 + battery rent~300–350Lower up‑front cost
Tata Nexon EV~12.5–17~312Best‑seller, solid value
MG ZS EV~18–24~461Spacious SUV value
Mahindra BE 6~18.9–26.9~556–682High‑range SUV
Tata Harrier EV~21.5–30~538–627Flagship electric SUV

This table keeps the information you’re looking for broken down into chunks to make it easier to understand.  While electric EVs still cost more than petrol cars, the gap is narrowing, especially with those entry level EVs like MG Comet EV (6.17 lakh) and Tata Tiago EV (7.99 lakh) are priced affordably and make good choices for first-time Indian EV buyers due to their availability for everyday buyers. 

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