Top 5 Cheap Electric Cars in India: Budget-Friendly Options for 2024

The automotive landscape in India is undergoing a revolution, with electric vehicles (EVs) emerging as a popular choice among consumers who want to reduce their carbon footprint and adopt sustainable living. As more people are turning to electric cars, affordability has become a key factor in determining their acceptability. In 2024, several manufacturers are coming forward to offer cheap electric cars in India that not only fit the budget but also offer impressive features, long range, and advanced technology. In this blog, we will explore the top five cheap electric cars available in India for 2024.

Why Choose Electric Cars?

Environmental Benefits

Electric vehicles are often promoted for their environmental benefits. Unlike conventional petrol or diesel cars, EVs generate zero tailpipe emissions, leading to a significant reduction in air pollution in urban areas. With India’s commitment to reducing carbon emissions, choosing electric vehicles aligns with global sustainability goals.

Cost Savings

One of the most compelling reasons to switch to electric is the cost savings associated with fuel and maintenance. Electric cars are generally cheaper to run than their fossil-fueled counterparts. Electricity costs significantly less than petrol or diesel, and EVs require less maintenance due to fewer moving parts. Over time, these savings can add up significantly.

Government Incentives and Subsidies

To encourage the adoption of electric vehicles, the Indian government has taken several initiatives, including subsidies and tax incentives for both consumers and manufacturers. These programs aim to reduce the overall cost of electric cars, making them more accessible to the average consumer.

Criteria for Selection

When evaluating cheap electric cars in India, we consider several factors, including:

  • Price: Each vehicle must fall within a specific budget range to qualify as “affordable”.
  • Range: How far an EV can travel on a single charge is an important consideration for consumers.
  • Battery Capacity: A larger battery capacity typically allows for longer range.
  • Performance: Acceleration, handling, and driving experience.
  • Features: Technological advancements, safety features, and interior comfort.
  • User Reviews: Feedback from current owners regarding reliability and overall satisfaction.

Top 5 Cheap Electric Cars in India for 2024

1. MG Comet EV

MG Comet EV

  • Range: 230 km
  • Battery Capacity: 17.3 kWh
  • Price: ₹6.9 lakh

The MG Comet EV is a great entry-level electric vehicle that is ideal for city commuting. With a range of 230 km, it offers a practical solution for daily errands and short trips. The Comet’s compact size makes it easy to manoeuvre in busy urban environments, while its stylish design adds a modern touch.

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Key Features:

  • Compact and lightweight design
  • Advanced infotainment system with smartphone connectivity
  • Multiple driving modes for enhanced efficiency
  • Safety features like airbags and ABS

Pros:

  • Affordable pricing
  • Ideal for urban commuting
  • Attractive design

Cons:

  • Limited range for long-distance travel
  • Smaller battery capacity compared to competitors

2. Tata Tiago EV

Tata Tiago EV

  • Range: 315 km
  • Battery Capacity: Available in 19.2 kWh and 24 kWh options
  • Price: ₹7.9 lakh (19.2 kWh) and ₹9.9 lakh (24 kWh)

The Tata Tiago EV has quickly become a favourite among budget-conscious consumers who are looking for a reliable electric vehicle. With two battery options, this EV offers flexibility in terms of price and range. The range of 315 km is good enough for most daily needs, making it a practical choice for both families and individuals.

Key Features:

  • Spacious interior with modern design elements
  • Smart regenerative braking system
  • Comprehensive safety features, including ABS and EBD
  • Infotainment system with smartphone integration

Pros:

  • Excellent range for the price
  • Spacious cabin and cargo space
  • Good build quality and safety features

Cons:

  • Slightly higher price for the 24 kWh variant
  • Interior quality could be improved

3. Tata Punch EV

Tata Punch EV

  • Range: Available in 315 km and 425 km
  • Battery Capacity: 25 kWh and 35 kWh options
  • Price: ₹10.9 lakh (25 kWh) and ₹12.9 lakh (35 kWh)

The Tata Punch EV is one of the most versatile offerings in the budget segment, with a spacious design and two battery options to suit different needs. With a range of up to 425 km on a single charge, it is ideal for both city commuting and long road trips, making it a great choice for families.

Key Features:

  • Rugged SUV design with higher ground clearance
  • Advanced infotainment system with voice recognition
  • Multiple driving modes for better performance
  • Strong safety features with a 5-star GNCAP rating

Pros:

  • Impressive range for an affordable SUV
  • Spacious and practical for families
  • Stylish and robust design

Cons:

  • Price on the higher end of the budget spectrum
  • Heavier than other compact electric cars

4. Citroen eC3

Citroen eC3

  • Range: 320 km
  • Battery Capacity: 29.2 kWh
  • Price: ₹11.7 lakh

The Citroen eC3 offers a unique blend of style and functionality. With a range of 320 km, it is perfect for urban dwellers looking for an attractive vehicle that stands out from the crowd. The eC3 combines comfort and advanced technology, making it a solid choice in the cheap electric cars in India segment. 

Key Features:

  • Modern design with a spacious cabin
  • User-friendly infotainment system with touchscreen
  • Strong suspension for a comfortable ride
  • Safety features including rear parking sensors and airbags

Pros:

  • Attractive design with a spacious interior
  • Good range for city and suburban driving
  • High comfort level
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Cons:

  • Limited service network compared to established brands
  • Slightly higher price point

5. Tata Tigor EV

Tata Tigor EV

  • Range: 315 km
  • Battery Capacity: 26 kWh
  • Price: ₹12.5 lakh

The Tata Tigor EV is another great offering from Tata Motors, designed for those looking for a compact sedan with electric capabilities. With a range of 315 km and well-designed interiors, it is ideal for business professionals and families looking for comfort and style.

Key Features:

  • Stylish sedan design with ample legroom
  • Premium interior features and comfortable seating
  • Infotainment system with smartphone connectivity
  • Multiple safety features including ABS and dual airbags

Pros:

  • Spacious interior for a sedan
  • Attractive design
  • Good safety ratings

Cons:

  • Price might be a bit high for budget shoppers
  • Limited boot space compared to hatchbacks

Comparison Table

Car Model Range (km) Battery Capacity (kWh) Price (₹)
MG Comet EV 230 17.3 6.9 lakh
Tata Tiago EV 315 19.2 / 24 7.9 / 9.9 lakh
Tata Punch EV 315 / 425 25 / 35 10.9 / 12.9 lakh
Citroen eC3 320 29.2 11.7 lakh
Tata Tigor EV 315 26 12.5 lakh

Government Incentives and Subsidies

The Indian government recognizes the potential of electric vehicles in reducing pollution and has taken several initiatives to promote its adoption. Some of the key incentives include:

  • FAME India Scheme: Provides subsidies for electric vehicles based on battery capacity, thereby significantly reducing the purchase price.
  • State-Level Incentives: Various states offer additional benefits such as tax exemptions, free charging infrastructure, and others.
  • Income Tax Benefits: Buyers can avail tax deductions on interest paid on loans taken for electric vehicle purchase.

These incentives make cheap electric cars in India even more affordable, encouraging consumers to make the switch to electric.

Future of Cheap Electric Cars in India

The electric vehicle market in India is set for significant growth. With rising investments in EV infrastructure, including charging stations, and advancements in battery technology, the range and affordability of electric cars are set to improve in the coming years.

Manufacturers are expected to introduce new models that meet the needs of the Indian consumer, focusing on affordability, performance, and features. Also, as battery production increases and costs decrease, we can expect even more affordable electric cars to hit the market.

Conclusion

As the Indian automotive industry embraces the electric revolution, the availability of cheap electric cars in India is paving the way for a greener future. The options mentioned in this blog represent some of the best budget-friendly electric vehicles available in 2024. Whether you are a city dweller looking for a compact solution or a family looking for a spacious SUV, there is an electric vehicle that suits your needs and budget.

Switching to an electric vehicle not only contributes to a cleaner environment, but also promises long-term savings and efficiency. With electric cars becoming even more affordable with government incentives, now is an ideal time to consider making the switch.

If you are considering an electric car, share your thoughts or experiences in the comments below. Your journey to a sustainable and affordable driving experience starts here!

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