Why Low-Price Electric Cars Are Becoming Popular in India
The rise in petrol and diesel costs, coupled with increasing environmental awareness, has made EVs a smarter choice. Affordable EVs now offer:
- Lower running costs – A full charge often costs less than ₹100.
- Government subsidies – FAME-II and state incentives reduce prices.
- Compact city-friendly designs – Ideal for urban driving.
- Low maintenance – Fewer moving parts than petrol/diesel cars.
Leapmotor T03 – A Game Changer in Low-Cost EVs
The Leapmotor T03 has arrived in India as one of the most affordable yet feature-rich EVs. Backed by Stellantis (parent company of Citroën), this hatchback is designed for both city use and short highway trips.
Key Highlights:
- Price range: Approx. ₹5–6 lakh for base variant, ₹12–13 lakh for top variant.
- Variants: 200 Light, 310 Light, 403 Light, and 403 Smart.
- Range: 200–403 km (depending on variant).
- Charging: 0–100% in 3.5 hrs (home charger) or 40–45 mins (fast charging).
- Features: Level 2 ADAS, panoramic sunroof, 6 airbags, 10-inch infotainment with Android Auto & Apple CarPlay.
- Safety: ABS, EBD, traction control, lane departure warning, emergency braking.
This combination of safety, range, and price makes it one of the top contenders for electric car low price in India.
Other Affordable Electric Cars in India 2025
1. Tata Tiago EV
- Price: ₹8.69 lakh onwards (after subsidies).
- Range: Up to 315 km.
- Why it’s popular: Trusted Tata brand, proven reliability, multiple battery options.
2. Mahindra e2o Plus (Used Market)
- Price: Under ₹3–4 lakh (used).
- Range: ~140 km.
- Why it’s relevant: Still one of the cheapest EV options for city use.
3. PMV EaS-E
- Price: ~₹4.79 lakh.
- Range: 120–200 km.
- Highlight: Ultra-compact two-seater, perfect for urban commute.
4. Strom Motors R3
- Price: ₹4.50 lakh approx.
- Range: ~200 km.
- USP: Futuristic three-wheeled design for city driving.
Electric Car Low Price in India – Price Segments
| Price Range | Popular Models | Best For |
|---|---|---|
| Under ₹2 lakh | Mostly used/retrofit EVs | Entry-level city driving |
| Under ₹3 lakh | Used Mahindra e2o, base PMV EaS-E | Short daily commutes |
| Under ₹5 lakh | PMV EaS-E, Strom R3, used Tata Tigor EV | Affordable urban + semi-urban |
| ₹5–7 lakh | Leapmotor T03 (base), used MG Comet EV | Balanced price & features |
Government Incentives for Low-Cost EVs
If you’re buying an electric car low price in India, you can save even more with incentives like:
- FAME-II subsidy – Up to ₹1.5 lakh off depending on battery size.
- State EV policies – Some states offer additional ₹50,000–₹1 lakh rebate.
- Road tax & registration waivers – Available in many states.
How to Choose the Right Budget EV
- Check real-world range – Compare with your daily commute needs.
- Battery warranty – Look for at least 5–8 years coverage.
- Charging options – Ensure fast-charging compatibility.
- Resale value – Popular brands retain value better.
- Features vs. price – Don’t compromise too much on safety.
FAQ – Electric Car Low Price in India:
Q1: Which is the cheapest electric car in India in 2025?
Currently, the PMV EaS-E (~₹4.79 lakh) and the Leapmotor T03 (₹5–6 lakh) are among the most affordable new EVs.
Q2: Can I get an electric car under ₹2 lakh?
Yes, but mainly in the used market or retrofitted options. No major new EV is available under ₹2 lakh as of 2025.
Q3: Is Mahindra launching a low-price EV?
Mahindra’s upcoming EV lineup may include compact models targeting the ₹6–8 lakh range.
Q4: Are low-price EVs good for long trips?
Mostly, they are designed for city and short highway use. For long trips, choose an EV with at least 300 km range.