Upcoming electric cars under 20 lakh in India in FY23

Tata and Mahindra are likely to bring multiple electric cars in FY23 priced under 20 lakh.
By : HT Auto Desk
| Updated on: 28 Mar 2022, 07:54 AM
Mahindra e-KUV100 is one of the most awaited electric cars.
Mahindra e-KUV100 is one of the most awaited electric cars.
Mahindra e-KUV100 is one of the most awaited electric cars.
Mahindra e-KUV100 is one of the most awaited electric cars.

The Indian electric car market has witnessed significant growth in the last couple of years. In 2021, a total of 329,190 electric vehicles were sold in India, representing a 168 per cent growth over 2020's sales of 122,607 EVs. While this growth was majorly driven by electric two and three-wheelers, electric cars too witnessed significant growth, led by Tata Motors' Nexon EV. In 2022 as well, the trend is likely to continue.

Similar Cars

Find More Cars
Tata Altroz Ev (HT Auto photo)
UPCOMING
Tata Altroz Ev
 
₹12 - 15 Lakhs* *Expected Price
Mahindra Ekuv100 (HT Auto photo)
UPCOMING
Mahindra Ekuv100
 
₹8.25 - 10 Lakhs* *Expected Price
Mahindra Exuv300 (HT Auto photo)
UPCOMING
Mahindra Exuv300
 
₹14 - 16 Lakhs* *Expected Price
Tata Altroz (HT Auto photo)
Tata Altroz
1199 cc | Petrol | Manual | 19.05 kmpl
₹5.44 - 9.63 Lakhs**Ex-showroom price
Mahindra Kuv100 Nxt (HT Auto photo)
Mahindra Kuv100 Nxt
1198 cc | Petrol | Manual
₹5.66 - 8.13 Lakhs**Ex-showroom price

(Also Read: AMT or CVT: Which automatic transmission technology is better?)

The number of electric cars in the Indian market is still a few. Tata Motors sells its Nexon EV and Tigor EV, while Hyundai and MG Motor have their respective electric cars Kona EV and ZS EV. Apart from that BYD too has launched its own electric MPV in India. Among the luxury car brands, Mercedes-Benz, Audi, BMW, Porsche have launched their respective electric cars.

While the majority of electric cars available in the Indian market are priced well above 20 lakh, only Tata Motors sells its Nexon EV and Tigor EV with a sub- 20 lakh pricing. However, the automaker seems to be facing steep competition from some of its rival brands that would launch sub- 20 lakh electric cars in India soon.

Here are a couple of upcoming electric cars that would be priced well below 20 lakh.

Mahindra e-KUV

Mahindra e-KUV was showcased in a concept form for the KUV100 micro SUV. The EV was scheduled to launch in the Indian market before but got delayed. However, now the auto company aims to launch it and expect e-KUV to hit the showrooms sometime later this year. Upon launch, it could be priced around 8.50 lakh (ex-showroom), which would make it the most affordable electric car in India.

Tata Altroz would be launched with the Ziptron technology.
Tata Altroz would be launched with the Ziptron technology.
Tata Altroz would be launched with the Ziptron technology.
Tata Altroz would be launched with the Ziptron technology.

Tata Altroz EV

Tata Altroz is likely to be the third electric car from the homegrown automaker. Tata Altroz EV has been already showcased by the automaker and it received pretty good attention. The Altroz EV would be priced between Tiro EV and Nexon VE, well below 20 lakh (ex-showroom). It is likely to hit showrooms sometime during the upcoming festive season.

Mahindra e-XUV300

Mahinda XUV300 is one of the bestselling vehicles from the carmaker. The homegrown SUV special auto company is planning to launch an electric variant of the SUV, which would compete with rivals like Tata Nexon EV. It could be launched in late FY23.

First Published Date: 28 Mar 2022, 07:54 AM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city