As India’s electric vehicle (EV) market continues to grow, more affordable options are becoming available for budget-conscious buyers. Electric cars under ₹10 lakh are an excellent choice for urban commuters looking for eco-friendly solutions that don’t compromise on performance, style, or features. In this article, we’ll explore the top electric cars under ₹10 lakh that combine affordability, practicality, and modern tech to help you embrace a greener future.
Top Electric Cars Under 10 Lakh
- Tata Punch EV
- MG Comet EV
- Tata Tiago EV
Tata Punch EV: The Electric Micro-SUV
The Tata Punch EV, launched on January 17, 2024, is Tata Motors’ entry into the micro-SUV electric vehicle market. Built on the advanced Gen 2 Acti.EV platform, the Punch EV combines compactness with impressive performance and range, making it ideal for city driving.
Key Features:
- Price: ₹10.99 lakh – ₹15.49 lakh
- Battery Options: 25 kWh, 35 kWh
- Range: 315 – 421 km (ARAI certified)
- Charging Time:
- 7.2 kW AC: 3.5 hours
- 3.3 kW AC: 9 hours
- DC Fast Charging (50 kW): 10-80% in 56 minutes
Tata Punch EV EMI Plans (5-Year Tenure):
| Variant | Ex-Showroom Price | Down Payment | EMI (5 Years) | Interest Rate |
|---|---|---|---|---|
| Smart 3.3 | ₹10.52 Lakh | ₹53,093 | ₹20,256 | 8% |
| Smart Plus 3.3 | ₹11.82 Lakh | ₹68,265 | ₹22,588 | 8% |
| Adventure 3.3 | ₹12.55 Lakh | ₹71,418 | ₹24,007 | 8% |
| Empowered 3.3 | ₹13.39 Lakh | ₹75,023 | ₹25,629 | 8% |
| Empowered Long Range 3.3 | ₹14.29 Lakh | ₹85,238 | ₹27,251 | 8% |
MG Comet EV: The Smart Urban EV
Launched on April 26, 2023, the MG Comet EV is a compact and smart city car, perfect for urban commuting. With its small footprint and efficient performance, it offers a practical solution for city dwellers seeking an affordable electric vehicle.
Key Features:
- Price: ₹7.43 lakh – ₹10.40 lakh
- Battery Options: 17.3 kWh
- Range: 230 km (ARAI certified)
- Performance: 0-100 km/h in Eco Mode: 23.87 seconds
- Charging Time: 0-100% in 7 hours (3.3 kW AC)
MG Comet EV EMI Plans (5-Year Tenure):
| Variant | Ex-Showroom Price | EMI (5 Years) | Down Payment | Total Payable Over 5 Years |
|---|---|---|---|---|
| Executive | ₹7.39 Lakh | ₹14,189 | ₹38,915 | ₹8,51,340 |
| Excite | ₹8.66 Lakh | ₹16,355 | ₹87,540 | ₹9,87,857 |
| Exclusive | ₹9.75 Lakh | ₹18,772 | ₹1,47,977 | ₹10,34,000 |
| Blackstorm Edition | ₹10.32 Lakh | ₹19,891 | ₹1,47,977 | ₹11,07,000 |
Tata Tiago EV: India’s Most Affordable Electric Hatchback
The Tata Tiago EV, launched in September 2022, is India’s most affordable electric hatchback. It blends style, performance, and eco-friendliness, making it a popular choice among urban commuters who want a reliable, budget-friendly EV option.
Key Features:
- Price: ₹7.99 lakh
- Battery Options: 19.2 kWh, 24 kWh
- Range: 315 km (ARAI certified) with the 24 kWh battery
- Performance: 0-60 km/h in 6.2 seconds, 45 kW Motor Power
- Charging Time: 58 minutes for 0% to 80% battery capacity (Fast Charging, 3.3 kW AC)
Tata Tiago EV EMI Plans (5-Year Tenure):
| Variant | Ex-Showroom Price | EMI (5 Years) | Down Payment | Total Payable Over 5 Years |
|---|---|---|---|---|
| XE Medium Range | ₹7.99 Lakh | ₹16,201 | ₹46,048 | ₹9,72,060 |
| XT Medium Range | ₹8.99 Lakh | ₹18,228 | ₹49,841 | ₹10,93,680 |
| XT Long Range | ₹10.14 Lakh | ₹20,560 | ₹64,342 | ₹12,33,600 |
| XZ Plus Long Range | ₹11.14 Lakh | ₹22,588 | ₹69,134 | ₹13,55,280 |
Financing Partners for Tata Tiago EV:
- ICICI Bank: Offers car loans with interest rates starting at 9.1% per annum, with up to 100% on-road funding assistance.
- Axis Bank, HDFC Bank, Union Bank of India: Provide competitive interest rates and flexible repayment options for Tata Tiago EV buyers.
Conclusion
The electric vehicle market in India is rapidly evolving, and there are now several great options available under ₹10 lakh for budget-conscious buyers. The Tata Punch EV, MG Comet EV, and Tata Tiago EV offer excellent range, eco-friendly features, and modern tech, making them some of the best electric cars for Indian roads. Whether you’re looking for a compact city car or a more family-friendly option, these electric vehicles represent a significant step toward a greener, more sustainable future without breaking the bank.
FAQs
Which is the most affordable electric car under ₹10 lakh?
The MG Comet EV is the most affordable, starting at ₹7.43 lakh.
How long does it take to charge the Tata Punch EV?
What is the range of the Tata Tiago EV?
The Tata Tiago EV offers a range of 315 km with the 24 kWh battery option.
Can I use ethanol fuel in the Tata Punch EV?
Yes, the Tata Punch EV comes with flex-fuel technology, allowing it to run on ethanol-blended fuels (E20/E85).
Which electric car has the longest range under ₹10 lakh?
The Tata Punch EV offers a range of up to 421 km, making it the longest-range option under ₹10 lakh.
