9000+ Cashless
Network Garages
96% Claim
Settlement (FY23-24)
24*7 Claims
Support
Click here for new car
I agree to the Terms & Conditions
General
General Products
Simple & Transparent! Policies that match all your insurance needs.
37K+ Reviews
7K+ Reviews
Scan to download
Life
Life Products
Digit Life is here! To help you save & secure your loved ones' future in the most simplified way.
37K+ Reviews
7K+ Reviews
Scan to download
Claims
Claims
We'll be there! Whenever and however you'll need us.
37K+ Reviews
7K+ Reviews
Scan to download
Resources
Resources
All the more reasons to feel the Digit simplicity in your life!
37K+ Reviews
7K+ Reviews
Scan to download
37K+ Reviews
7K+ Reviews
Our WhatsApp number cannot be used for calls. This is a chat only number.
9000+ Cashless
Network Garages
96% Claim
Settlement (FY23-24)
24*7 Claims
Support
Click here for new car
I agree to the Terms & Conditions
Add Mobile Number
Sorry!
9000+ Cashless
Network Garages
96% Claim
Settlement (FY23-24)
24*7 Claims
Support
Terms and conditions
The automotive market in India is experiencing a rather dramatic shift due to the imminently increasing need for efficient and environmentally friendly means of transport. As the country shifts to embracing environmentally sustainable practices, the emergence of electric vehicles (EVs) has brought major transformation.Â
This article explores the fascinating universe of electric vehicles, which have evolved into alternatives for significantly changing the future of automotive emissions sustainably and faster.
However, when buying an electric car in India, securing car insurance is also crucial as it is mandatory by the Motor Vehicles Act of 1988. It protects against accidents, theft, and damage, safeguarding your investment. Car insurance saves you from hefty traffic fines, license suspension, and even legal trouble.
Name of the Model | Ex-showroom Price |
Jayem Neo EV | Starting ₹4 Lakh |
ORA R1 | Starting ₹4.5 Lakh |
Strom Motors R3 | Starting ₹4.5 Lakh |
PMV EaS E | Starting ₹4.8 Lakh |
Disclaimer: All prices given here are ex-showroom prices in Delhi and may differ in other cities.
If you are looking for the best EV cars in India under 5 Lakh, then look at the cars below, which include their key specs and highlights.
The Jayem Neo is the new name for the Tata Nano EV. Nano, Jayem manufactured 400 Neo models to fulfil an Ola Cabs order in the early phase of the COVID-19 outbreak. The Neo also has cosmetic updates, such as electric blue touches distinct from the original Nano.Â
It is powered by an electric motor producing 47 bhp operating from a 33 kWh battery pack and offers an optimal driving range of 200km per charge, as certified. It also has fast charging, and its battery can be charged from 10% to 80% within 40 minutes.
Key Specifications:
The ORA R1 unveiled by Chinese automobile manufacturer Great Wall Motors at the Auto Expo 2020 turned out to be one of the promising additions to India’s electric car market under ₹5 Lakh. This exciting retro-styled EV in circulation featured an eye-catching circle-shaped design on its head and tail lamps, grille, and wheels.Â
Recognised for its safety, connectivity, and innovative lightweight structure, the ORA R1 evoked excitement. Its permanent magnet synchronous motor produced a zestful 47 bhp and 125 Nm of torque to provide a Porsche-like drive within the affordable car segment.
Key Specifications:
The Strom Motors R3 is a recent addition to the electric vehicle market. It is a compelling breakthrough in the affordable segment of the electric car market as it is stylish, functional, and has impressive performance. This stylish ‘three-wheeler’ hatchback includes a futuristic, enclosed cockpit with scissor-style doors and a powerful 48-volt electrical architecture.Â
Also worth acknowledging is the high-tech equipment, such as a digital instrument cluster, a touch screen, the ability to use voice and gestures, climate control, and even an air quality sensor; with all these, the car may possibly appeal to both the frugal consumer and the one who appreciates innovations.
Key Specifications:
The PMV EaS-E is a worthy addition to the new affordable electric cars list as it boasts compact dimensions yet powerful performance. This two-seater microcar from an Indian startup called PMV Electric is stylish and futuristic. It is solely based on a lithium-ion battery with a 10kWh capacity. The 1.4-litre Turbo GDi unit cranks out 41 bhp of power and 110 Nm of torque.Â
Measuring an overall dimension of 125 x 44 x 43 cm and weighing just 700 kg, the EaS-E comes with a rather impressive battery range of 160 km with a recharging time of 4 hours. However, it introduces the basics simply by adding add-ons such as power windows, a digital instrument cluster, LED headlamps, and rear parking sensors.Â
Key Specifications:
So, these are all the electric cars in India under ₹5 Lakh. The new pack of electric vehicles has revolutionised the EV industry in India. With backing from policies like FAME-II, state EV policies, and increasing charging facilities, these budget EVs can act as catalysts to drive higher EV penetration.Â
Due to cheaper acquisition and ownership costs, such EVs may become much-needed game changers in India as the nation strives to attain a cleaner mobility future.
Besides, you should consider other essential factors like insurance, PUC, tax, etc., while buying an EV. Third-party insurance is a mandatory requirement that safeguards your vehicle from legal obligations and covers third-party damage expenses.
Yes, various electric cars are priced under ₹5 lakh in India. Some of these are the Jayem Neo EV, ORA R1, Strom Motors R3, PMV EaS E, Mahindra Zor Grand, and Bajaj Maxima XL Cargo E TEC 12.
Yes, various electric cars are priced under ₹5 lakh in India. Some of these are the Jayem Neo EV, ORA R1, Strom Motors R3, PMV EaS E, Mahindra Zor Grand, and Bajaj Maxima XL Cargo E TEC 12.
Indeed, electric cars in the range of ₹5 lakh can be convenient for daily commuting, assuming you travel within city limits and there is adequate charging infrastructure available. Normally their range is just adequate for daily use and trips, and this makes them cheaper to maintain than those that use petrol.
Indeed, electric cars in the range of ₹5 lakh can be convenient for daily commuting, assuming you travel within city limits and there is adequate charging infrastructure available. Normally their range is just adequate for daily use and trips, and this makes them cheaper to maintain than those that use petrol.
The charging of electric cars up to 5 lakhs in India can be done using general AC power and may require only a 15A socket. The associated charging time is about 3-4 hours.
The charging of electric cars up to 5 lakhs in India can be done using general AC power and may require only a 15A socket. The associated charging time is about 3-4 hours.
The scheme for Faster Adoption and Manufacturing of Electric Vehicles in India (FAME II) offers a subsidy of up to ₹1.5 lakh on electric cars in the country.
The scheme for Faster Adoption and Manufacturing of Electric Vehicles in India (FAME II) offers a subsidy of up to ₹1.5 lakh on electric cars in the country.
Several manufacturers like PMV EaS-E provide a 3-year warranty on the batteries even though the actual lifespan of the battery may vary depending on usage.
Several manufacturers like PMV EaS-E provide a 3-year warranty on the batteries even though the actual lifespan of the battery may vary depending on usage.
Electric cars have a plethora of benefits. They are environmentally friendly, energy-efficient, low on maintenance, convenient to charge, easy to drive, and produce less noise.
Electric cars have a plethora of benefits. They are environmentally friendly, energy-efficient, low on maintenance, convenient to charge, easy to drive, and produce less noise.
Yes, electric vehicles under ₹5 lakh are provided tax rebates in the form of reduced road tax and registration fees in most states, along with any other state-sponsored incentives related to EVs.
Yes, electric vehicles under ₹5 lakh are provided tax rebates in the form of reduced road tax and registration fees in most states, along with any other state-sponsored incentives related to EVs.
Electric cars under ₹5 lakh in the Indian market come with a seating arrangement of up to two people.
Electric cars under ₹5 lakh in the Indian market come with a seating arrangement of up to two people.
Safety aspects that some models of electric cars under ₹5 lakhs boast of are TCS dual front airbags, rear parking camera, and anti-theft sensors.
Safety aspects that some models of electric cars under ₹5 lakhs boast of are TCS dual front airbags, rear parking camera, and anti-theft sensors.
Please try one more time!
More articles about Top Car Models in India
Disclaimer: The information and prices mentioned here are for a specific city and vehicle model. They may change as per time. Please check the details thoroughly before you buy a vehicle or a policy.
This information is added only for informative purposes, and Digit Insurance is not promoting or recommending any specific vehicle or brand in any way.
Other Important Articles about Car Insurance
Have queries related to Digit motor insurance policy? You can refer to our Policy Wordings for detailed information or reach out to our support team via WhatsApp self-support, email or phone using the information below:
Connect with our self-serve chat bot support - 7026061234
Write to us at hello@godigit.com
Contact
Call us on 1800-258-5956
Other Motor Insurance Plans and Guides
Currently there are no news to show.
Read More
Renew & Download Policy Document, Check Challan, Credit Score, PUC & more
Anytime, Anywhere. Only on Digit App!
4.8
Rated App51K+ Reviews
4.8
Rated App
51K+ Reviews
4.3
Rated App10K+ Reviews
4.3
Rated App
10K+ Reviews
Scan to Download
Author: Team Digit
Last updated: 21-03-2025
CIN: U66010PN2016PLC167410, IRDAI Reg. No. 158.
Go Digit General Insurance Limited (formerly known as Oben General Insurance Ltd.) - Registered Office Address - 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No.1579, Shivaji Nagar, Pune-411005, Maharashtra | Corporate Office Address - Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru-560095, Karnataka | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.
Explore exclusive features, file claims & access policy on Digit App!
You can also scan this QR code to download the App.