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Top 5 Affordable Electric Cars in India

  • Author :
  • TATA AIG Team
  • Published on :
  • 14/06/2023

India is moving toward a cleaner and more sustainable future with electric cars. With an increasing demand for electric cars in the market because of their lower emissions and decreased dependence on fossil fuels, the government is also encouraging this movement of affordable EV cars in India. Further, this motivation has also led to the production of the most affordable electric car in India, with an expanding charging network.

There was a time when electric cars were once considered expensive and out of reach for the average Indian pocket, but now the market is evolving to get more and more affordable electric cars in India. Through this article, we shall look into the top 5 cheapest electric cars in India, which are the most budget-friendly for the average Indian pocket.

Tata Tiago EV

Tata Motors has recently launched its cheapest electric vehicle in India, known as Tiago EV, around September 2022. This beautiful hatchback is priced between ₹8.69 – ₹11.99 lakh (ex-showroom, India). The car comes with four variant options: XE, XT, XZ+, and XZ+ Tech LUX.

Car Model Tata Tiago EV
Price ₹8.69 lakhs onwards
Fuel Type Electrical
Driving Range 250-315 km
Safety 4 Star (Global NCAP)
Transmission Automatic
Seating Capacity 5 seater
Motor Type Permanent Magnet Synchronous Motor
Battery Pack Options 19.2kWh, 24kWh
MIDC Range (19.2kWh) 250 km
Power 74 bhp
Torque 114 Nm
0-60 kmph 5.7 seconds
Colour Tropical Mist, Signature Teal blue, Daytona grey, Pristine white and Midnight black

Also, it is the second cheapest electric car on the list, and this compact sedan shall cost between ₹12.49 lakh-₹13.75 lakhs (ex-showroom, India). This vehicle version is available in XE, XT, XZ+, and XZ+ Tech LUX variant options and its synchronous motor is powered by a 26kWh, lithium-ion battery to create 74 bhp and 170 Nm of torque.

Nexon EV

Nexon EV is again Tata-powered and one of the most affordable electric cars in India. The price of the car ranges from ₹14.49 lakh-₹20.04 lakh (ex-showroom) for the top-spec version. This budget electric car in India is a compact SUV available in three variants XM, XZ+, and XZ+ LUX.

Car Model Nexon EV Prime EV Nexon EV Max
Battery Pack 30.2kWh Lithium Ion Polymer 40.5kWh Lithium Ion
Power 127 bhp ₹141 bhp
Torque 245 Nm 250 Nm
Price Range ₹7.79 Lakh onwards N/A
Mileage Automatic N/A
Safety 5 Star (Global NCAP) N/A
Engine 1199 to 1497 cc N/A
Fuel Type Petrol, Diesel and CNG N/A
Transmission) Manual and Automatic (AMT) N/A
Seating Capacity 5 Seater 5 Seater

Tata Tigor EV

Tata Tigor EV is the second cheapest EV in India and on our list. Known as a compact sedan, which is priced between ₹12.49 lakh- ₹13.75 lakh (ex-showroom, India). The car is available in XE, XT, XZ+, and XZ+ Tech LUX variant options. It has a permanent magnet synchronous motor powered by a 26kWh, lithium-ion battery to generate 74 bhp and 170 Nm of torque.

Car Model N/A
Price Range ₹8.69 Lakh onwards
Fuel Type Electric
Driving Range 250 to 315 km
Safety 4 Star (Global NCAP)
Transmission Automatic
Seating Capacity 5 Seater
Battery Capacity 19.2 to 24 kWh

XUV400

Launched by Mahindra, the popular XUV400 is the fourth cheapest and affordable EV car on our list. The price range of this electric SUV ranges between ₹15.99 lakh – ₹19.19 lakh (ex-showroom). A 39.4kW battery pack with Li-ion cells powers this electric beauty, is efficient in running from zero to 100kmph in just 8.3 seconds and available in two variants such as EC and EL.

Information Specification
Price ₹ 15.99 Lakh onwards
Fuel Type Electric
Driving Range 375 to 456 km
Safety 5 Star (Global NCAP)
Transmission Automatic
Seating Capacity 5 Seater
Battery Capacity 34.5 to 39.4 kWh

MG ZS EV

MG ZS EV is an electric SUV with exciting and exclusive variant options. The price range of this electric SUV is almost between ₹22.98 lakh- ₹26.99 lakh. The car has two battery pack options 44.5kWh and 50.3kWh.Further, it has a promising three-phase permanent magnet synchronous motor in the 44.5kWh version that generates 141bhp at 3,500rpm and 353 Nm of torque. Also, the big battery pack version generates 174bhp and 280 Nm of torque.

Exclusive variant options available in the market are as follows-

Model Price (Starting From) Mileage Engine (cc) Fuel Type Transmission Seating Capacity
MG Hector ₹ 14.73 Lakh N/A 1451-1956 Petrol/Diesel Manual/Auto (CVT) 5 Seater
MG Astor ₹ 10.52 Lakh N/A 1349-1498 Petrol Manual/Auto (CVT/TC) 5 Seater
MG Hector Plus ₹ 17.50 Lakh 16.6 kmpl 1451-1956 Petrol/Diesel Manual/Auto (CVT) 6 & 7 Seater
MG Gloster ₹ 32.60 Lakh 13.27 kmpl 1996 Diesel Auto (TC) 6 & 7 Seater

Conclusion

As we can see, India is moving towards a better and more sustainable future with electric vehicles. There is also excellent support from the government through various subsidies and efforts to expand the charging network, making cars more affordable and accessible for the common person. Such a shift towards electric cars is not only environmentally friendly but also cost-effective and convenient for everyday use.

So if you are considering buying an electric vehicle in India, first compare car insurance options available online. As these vehicles are new for drivers and the road, and car insurance can help, you secure yourself in the event of an accident or damage to the vehicle. So, what are you waiting for? Get your four-wheeler insurance now and make your next journey eco-friendly and safe for you and your family.

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