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6 Cheapest Electric (EV) Cars in India in 2024

Though petrol and diesel cars still dominate the Indian market, EVs are gaining popularity due to their low pollution level. The government of India aims to create a greener environment by promoting sustainable mobility options like electric vehicles. 

Considering their fuel efficiency, low carbon emission, and low pollution levels, EV cars are spreading across the Indian market as an eco-friendly mobility option. Besides, multiple affordable options make these battery-powered cars a great choice among the diverse population. 

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.

Keep reading to learn about the cheapest EV cars in India in 2024!

List of Budget EV cars in India in 2024

Name of the EV Car Model Ex-showroom Price
MG Comet EV Starting ₹6.99 Lakh
Tata Tiago EV Starting ₹7.99 Lakh
Tata Punch EV Starting ₹10.99 Lakh
Citroen eC3 Starting ₹11.69 Lakh
Tata Tigor EV Starting ₹12.49 Lakh
Tata Nexon EV Starting ₹14.8 Lakh

Disclaimer: All prices given here are ex-showroom prices in Delhi and may differ in other cities.

Top 6 Cheap & Affordable EV Cars in India in 2024

Here are some of the most affordable EV cars in India in 2024 you can look for:

1. MG Comet EV | Starting ₹6.99 Lakh

Topping the list, the MG Comet EV is the cheapest EV car in India at present. With its multiple exceptional features and attractive look, this model is perfect for city roads in all aspects. This super compact, box-design EV model is 2.9 metres long, which makes it perfect for 4 adults.

Some eye-catching features of this hatchback include a wrapped steering wheel, aero wiper, digital car key, LED headlights, etc. All these features make the MG Comet EV a perfect mobility option within your budget.

Key Specifications:

  • Range: 230 km
  • DC Charging Time: 57 minutes
  • Power: 44 bhp
  • Battery Capacity: 17.3 kWh
  • Airbags: 2
  • Transmission Type: Automatic
  • Seating Capacity: 4
  • Torque: 110 Nm
  • Safety Features: TPMS, ABS, anti-theft alarm, central lock, Electronic Stability Control, passenger airbags, etc.

2. Tata Tiago EV | Starting ₹7.99 Lakh

Securing the second position in this list, the Tata Tiago EV is available at an ex-showroom price of ₹7.99 Lakh. With multiple charging options and battery sizes, this electric hatchback is an excellent treat for your pocket. Some outstanding features of this model include an 8-speaker Harman Kardon sound system, a 7-inch infotainment system (touchscreen with Apple Carplay), a cooled glovebox, and more. 

Key Specifications:

  • Range: 315 km
  • DC Charging Time: 58 minutes
  • Power: 74 bhp
  • Battery Capacity: 24 kWh
  • Airbags: 2
  • Transmission Type: Automatic
  • Seating Capacity: 5
  • Torque: 114 Nm
  • Safety Features: Speed Sensing Door Lock, Seat Belt Warning, 4 Star Global NCAP, Child Lock, Overspeed Warning, Puncture Repair Kit, Central Locking, etc.

3. Tata Punch EV | Starting ₹10.99 Lakh

If you are looking for an EV SUV at an affordable range, nothing can beat the style and efficiency of a Tata Punch. This compact SUV has a sturdy build quality, spacious interior, advanced features, and more. 

With a length of 1.74 metres and a wheelbase of 2.44 metres, this mini-SUV is an ideal mobility option for 5 people. Check out some more specifications of this budget-friendly EV SUV!

Key Specifications:

  • Range: 315 km/425 km
  • DC Charging Time: 56 minutes
  • Power: 80 bhp/121 bhp
  • Battery Capacity: 24 kWh/35 kWh
  • Airbags: 6
  • Transmission Type: Automatic
  • Seating Capacity: 5
  • Torque: 114 Nm, 190 Nm
  • Safety Features: 5-star senior protection safety record and 4-star protection for occupants and kids (structural rigidity) by Global NACP, ABS with EBD, auto hold, electronic parking brake, electronic stability control, etc.

4. Citroen eC3 | Starting ₹11.69 Lakh

Available in 11 variants, the Citroen eC3 is a cost-effective hatchback EV with unique features and specifications. Its chic look, dual-tone paint, 15-inch alloy wheels with diamond cut, rear skid plates, etc., add a distinctive appeal and class to this EV model.

Key Specifications:

  • Range: 320 km
  • DC Charging Time: 57 minutes
  • Power: 76.4 bhp
  • Battery Capacity: 29.2 kWh
  • Airbags: 2
  • Transmission Type: Automatic
  • Seating Capacity: 5
  • Torque: 143 Nm
  • Safety Features: Seatbelt reminder, Speed Sensitive Auto Door Lock, ABS, Rear Doors Manual Child Lock, etc.

5. Tata Tigor EV | Starting ₹12.49 Lakh

Check out this world-class EV sedan from Tata. It has a 5-seater capacity, 3.9 metres length, 2.4 metres wheelbase, and 1.7 metres width. Popular for its impressive look, this electric vehicle has a multi-function steering wheel, automatic climate control, and many more attractive features.

Key Specifications:

  • Range: 31 km
  • DC Charging Time: 59 minutes
  • Power: 73.7 bhp
  • Battery Capacity: 26 kWh
  • Airbags: 2
  • Transmission Type: Automatic
  • Seating Capacity: 5
  • Torque: 170 Nm
  • Safety Features: Central Locking, Anti-Theft Alarm, Child Safety Locks, ABS, Electronic Brakeforce Distribution, Advanced Safety Features like SOS Button, Valet Mode, Corner Stability Control, and more.

6. Tata Nexon EV | Starting ₹14.8 Lakh

Tata is emerging as the showstopper in India's manufacturing budget for EV cars, with various models across multiple vehicle classes. They have everything in the bucket, from SUVs to sedans and even hatchbacks. 

The Nexon EV is a class-apart SUV with outstanding features like air quality control, rear AC vents, adjustable steering, leather steering wheel, and more.

Key Specifications:

  • Range: 465 km
  • DC Charging Time: 56 minutes
  • Power: 142.68 bhp
  • Battery Capacity: 40.5 kWh
  • Airbags: 6
  • Transmission Type: Automatic
  • Seating Capacity: 5
  • Torque: 215 Nm
  • Safety Features: ABS, Electronic Brakeforce, Central Locking, Reverse Park Assist with HD cameras, Speed Sensing Auto Door Lock, Hill Descent Control, etc.

This comprehensive guide can be helpful if you are looking for the cheapest EV cars in India. Considering the increasing popularity of electric vehicles in the Indian market, you can explore a wide range of EV models. 

However, before purchasing one, you should always conduct a detailed survey and compare the features and specifications. 

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.

FAQs about Cheapest EV Cars in India

Are electric vehicles more affordable than petrol cars?

Yes, EVs do not use petrol or diesel to run their engines. They come with a chargeable battery, much lower than the fuel cost. Thus, electric vehicles are not only cost-efficient but also eco-friendly.

Which is the cheapest EV car model in India?

MG Comet EV comes at the lowest price of ₹6.99 Lakh and is also the smallest EV car in India. With a battery pack of 17.3 kWh, an all-digital driver display, and a 230 km range, this mini hatchback has spacious storage and three colour options. It is the cheapest battery car available in the market.

What tax benefits are available for EVs?

Electric vehicle road tax and registration fees are much more affordable than diesel or petrol vehicles. Moreover, the government offers various policies and incentives to purchase EVs, promoting sustainability.

What are the benefits of an electric vehicle?

Electric vehicles offer multiple advantages, from low environmental pollution to low maintenance costs, easy charging at home, extra storage space, and optimum performance levels.

What are the drawbacks of an electric vehicle?

Despite their multiple benefits, EVS have shortcomings, like a limited battery or charging range, the unavailability of adequate charging stations when on a long journey, etc. Besides, the battery longevity and long hours required to charge the vehicles are also concerning factors.

Is there a possibility of EV prices decreasing?

According to reports, in 2024, EV prices are likely to decrease, making them cheaper than Petrol & Diesel cars.

Are Petrol cars better than EVs?

The running cost of EVs is lower than that of Petrol cars. As fuel prices increase, EVs are becoming more affordable for people. Moreover, many low price EV cars in India are also available.