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EV Diwali 2026: 5 Most Affordable Electric Cars You Can Buy in India
Electric vehicles are increasingly available to Indian consumers, with automakers offering a range of options for various budgets this Diwali. Prospective buyers can choose from compact cars to SUVs, considering factors like cost, battery capacity, and charging infrastructure.
Updated Nov 3, 2026, 03:40 PM IST
EV Diwali 2026: 5 Most Affordable Electric Cars You Can Buy in India
Electric cars are becoming a more accessible option for Indian buyers, with automakers expanding their EV portfolios across different price segments. This Diwali, buyers looking to switch to electric mobility have several options, ranging from compact city cars to electric SUVs.
The choice of an electric car depends on factors such as the purchase price, driving range, battery capacity, charging infrastructure and ownership costs. Battery-as-a-Service (BaaS) schemes have also reduced the initial purchase price of some electric cars, although these plans involve additional battery payments.
Here are five affordable electric cars you can consider buying in India this Diwali, arranged according to their starting ex-showroom prices.
1. Tata Tiago EV - Rs 6.99 lakh
The Tata Tiago EV is among the most affordable electric cars available in India. It is positioned as an entry-level electric hatchback for buyers looking for a vehicle primarily suited to urban commuting.The Tiago EV received a facelift in 2026, bringing changes to its exterior design, cabin and equipment. Tata Motors continues to offer the electric hatchback with two battery pack options.
Tata Tiago EV: Price and specifications
The Tata Tiago EV is priced from Rs 6.99 lakh, ex-showroom. It is available with 19.2 kWh and 24 kWh battery options, offering a claimed range of up to 285 km, depending on the variant. The electric hatchback has a five-seat configuration.The Tiago EV is suitable for buyers who primarily need a car for daily commuting, school runs and regular city travel. Its compact dimensions make it easier to manoeuvre through congested roads and park in limited spaces.
The electric hatchback offers features such as a touchscreen infotainment system, digital instrument display and connected car technology, depending on the variant.
BaaS pricing
Tata Motors also offers a battery rental option for the Tiago EV. Under the BaaS scheme, the starting vehicle price is lower because the battery cost is separated from the initial purchase price. The BaaS price starts at Rs 4.69 lakh, with battery charges applicable separately.2. MG Comet EV - Rs 7.90 lakh
The MG Comet EV is designed for buyers looking for a compact electric car for urban mobility. Its small footprint and four-seat configuration make it an option for households that need a second car for daily commuting. The Comet EV is one of the smallest electric cars available in India and is positioned primarily for city driving.MG Comet EV: Price and specifications
The MG Comet EV starts at Rs 7.90 lakh, ex-showroom. It is powered by a 17.3 kWh battery pack and offers a claimed range of 230 km. The electric hatchback has a four-seat configuration.The Comet EV uses a rear-mounted electric motor and a battery pack offering a claimed range of 230 km on a single charge.
The cabin features a dual-screen layout, connected car technology and smartphone connectivity, depending on the variant.
Its compact dimensions and small turning radius make it suitable for navigating narrow streets and crowded urban areas.
However, the four-seat configuration and relatively small battery make it less suitable for buyers who regularly travel with five occupants or undertake longer journeys.
BaaS pricing
MG offers the Comet EV with a BaaS option, which lowers the upfront purchase price by separating the battery cost from the vehicle price. The BaaS starting price is Rs 4.99 lakh, with battery rental charges applicable separately.3. Tata Punch EV - Rs 9.79 lakh
The Tata Punch EV is an option for buyers who want an electric SUV-style vehicle without moving into a higher price bracket.Compared with the Tiago EV and MG Comet EV, the Punch EV offers a taller body, a five-seat layout and a choice of battery packs.
Tata Punch EV: Price and specifications
The Tata Punch EV starts at Rs 9.79 lakh, ex-showroom. It is available with 30 kWh and 40 kWh battery options, offering a claimed range of up to 464 km, depending on the variant. The electric SUV has a five-seat configuration.The Punch EV is available with two battery options, allowing buyers to choose between a lower-cost variant and a version with a larger battery.
The electric SUV offers features such as a touchscreen infotainment system, digital instrument display and connected car technology, depending on the variant.
Its higher seating position and SUV-style body could appeal to buyers looking for a more versatile family vehicle.
The Punch EV's battery options also allow buyers to select a version based on their daily driving requirements.
BaaS pricing
Tata Motors offers the Punch EV with a BaaS option. The starting BaaS price is Rs 6.59 lakh, with battery charges applicable separately.4. Tata Nexon EV - Rs 12.49 lakh
The Tata Nexon EV is suitable for buyers who want a larger electric SUV and are willing to spend more than they would on an entry-level electric car.The Nexon EV is positioned above the Punch EV in Tata Motors' electric vehicle range. It offers a larger battery pack in higher variants and a more substantial SUV body.
Tata Nexon EV: Price and specifications
The Tata Nexon EV starts at Rs 12.49 lakh, ex-showroom. It is available with 30 kWh and 45 kWh battery options, offering a claimed range of up to 489 km, depending on the variant. The electric SUV has a five-seat configuration.The Nexon EV's larger battery options make it relevant for buyers who undertake regular intercity journeys, provided charging facilities are available along their routes.
It also offers a more spacious cabin than the smaller electric hatchbacks in this list.
The vehicle's features and equipment vary depending on the selected variant.
BaaS pricing
Tata Motors has extended its BaaS offering to the Nexon EV. The BaaS starting price is Rs 8.99 lakh, with battery usage charges of Rs 4.40 per kilometre.5. MG Windsor EV - Rs 14.85 lakh
The MG Windsor EV is an option for buyers looking for a spacious electric car with a family-oriented cabin. Although its conventional price is higher than that of the Tiago EV, Comet EV and Punch EV, it offers a larger cabin and a five-seat layout.MG Windsor EV: Price and specifications
The MG Windsor EV starts at Rs 14.85 lakh, ex-showroom. It is available with 38 kWh and 52.9 kWh battery options, offering a claimed range of up to 449 km. The electric crossover has a five-seat configuration.The Windsor EV features a spacious cabin, a large touchscreen infotainment system and a five-seat layout. It is positioned as a family-oriented electric vehicle rather than a compact city car.
The higher-capacity battery variant offers a claimed range of 449 km, making it more suitable for buyers who need additional range for regular travel.
BaaS pricing
MG offers the Windsor EV under its BaaS programme. The BaaS starting price is Rs 9.99 lakh, with battery rental charges applicable separately.BaaS vs Conventional Battery Ownership: What Should Buyers Choose?
Battery-as-a-Service (BaaS) is a financing arrangement that separates the battery cost from the vehicle's upfront price. Under this scheme, buyers pay a lower initial amount for the vehicle and make separate payments towards the battery.How BaaS works
- The battery cost is separated from the vehicle's upfront purchase price.
- Buyers pay battery charges separately.
- The initial vehicle price is lower than the conventional battery-inclusive price.
- Battery charges vary depending on the model and financing terms.
What buyers should consider
BaaS can reduce the initial amount required to purchase an electric car, but it does not necessarily mean lower overall ownership costs.Before choosing this option, buyers should check:
- The minimum monthly or kilometre-based battery payment.
- Whether battery charges are fixed or linked to usage.
- The total battery payment over the expected ownership period.
- Whether the scheme includes minimum usage requirements.
- Battery warranty and financing conditions.
- Availability of the scheme in their city.
For buyers who drive fewer kilometres, conventional battery ownership may be worth comparing against BaaS.
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