When it comes to electric cars in India, affordability is often a key factor for many potential buyers. In this section, we will explore the top 4 electric cars available in India that are priced under 5 lakhs.
The demand for electric cars in India has been steadily growing, driven by the need for sustainable and eco-friendly transportation options.
These budget-friendly options not only offer eco-friendly transportation but also cater to the needs of those looking for cost-effective solutions.
One of the key factors that consumers consider when purchasing an electric car is its price. In India, where affordability is a major concern for many, there is a growing demand for electric cars under 5 lakhs.
|Tata Nano EV||₹4-6 Lakhs||150-160 kilometers|
|Mahindra e2o NXT||₹6.00 Lakh- ₹8.00 Lakh||140 Km|
|Maruti Suzuki WagonR Electric||₹8.50 Lakh||225 km|
|Renault Kwid Electric||₹10.00 lakh||250 kilometers|
1. Tata Nano EV:
The Tata Nano EV is an affordable electric car that offers great value for money. With its compact size and impressive mileage, it is perfect for city commuting. The Nano EV boasts a range of features including power steering, air conditioning, and advanced safety features.
- Electric motor with power and torque figures not yet revealed
- 72V lithium-ion battery pack
- Expected range of up to 160 kilometers
- Top speed of 80-100 km
- 4-seater cabin
- Ziptron EV Tech
- Battery: 72V lithium-ion
- Range: Up to 160 kilometers
- Top speed: 80-120 kmph
- Seating capacity: 4
- Engine: Electric motor
Rs. 4-6 lakhs (ex-showroom)
Expected Launch Date: 2024
2. Mahindra e2o NXT:
The Mahindra e2o NXT is another popular choice among budget-conscious buyers. This compact hatchback offers a comfortable ride and decent performance. It comes equipped with features like regenerative braking, a touchscreen infotainment system, and smartphone connectivity.
Mahindra e2o NXT is the best upcoming electric car in this era. Mahindra mostly focuses on making the latest electric cars with less budget segment.
The Mahindra e2o NXT is expected to be launched in India in November 2023 at an expected price range of ₹6.00 Lakh- ₹8.00 Lakh. This will make it one of the most affordable electric cars in the country.
The Mahindra e2o NXT is expected to come with a number of features, including:
- A touchscreen infotainment system
- Bluetooth connectivity
The Mahindra e2o NXT is expected to be powered by a 27 kW electric motor and a 10 kWh lithium-ion battery pack. This will give it a range of around 120 km on a single charge. The e2o NXT will also have a top speed of 100 km/h.
The Mahindra e2o NXT is expected to be launched in India in November 2023.
3. Maruti Suzuki WagonR Electric:
Maruti Suzuki has always been a trusted name in the Indian automobile market, and their foray into electric cars with the WagonR Electric has been well-received. With its spacious interiors and reliable performance, this car offers a smooth driving experience along with low maintenance costs.
The Maruti Suzuki WagonR Electric is an upcoming electric car from the Indian automaker Maruti Suzuki. It is expected to be launched in India in January 2026.
4. Renault Kwid Electric:
The Renault Kwid Electric is an attractive option for those seeking an affordable electric car in India. It boasts stylish looks, ample cabin space, and impressive mileage on a single charge. With its competitive pricing and efficient performance, it has gained popularity among urban commuters.
The Renault Kwid Electric is an upcoming electric car from the French automaker Renault. It is expected to be launched in India in December 2023.
The Kwid Electric will be powered by a 44 kW electric motor and a 26.8 kWh lithium-ion battery pack. This will give it a range of around 250 kilometers on a single charge. The Kwid Electric will also have a top speed of 125 kilometers per hour.
The Kwid Electric is expected to be priced starting at ₹10.00 lakh (ex-showroom). It will compete with other electric cars in the Indian market, such as the Mahindra e2o NXT, Maruti Suzuki WagonR Electric, and Tata Tiago EV.
- Power: 44 kW (59 hp)
- Torque: 125 Nm
- Battery: 26.8 kWh lithium-ion
- Range: 250 km
- Top speed: 125 km/h