As the Indian Automotive sector continues to ride the wave of the electric vehicle revolution, the sales of budget electric cars in the country witnessed a massive 982% increase in FY 2023-2024 with total EV registrations of 113,876 units in February 2024, according to the data released by Vahan dashboard. The increasing demand for electric vehicles has seen several manufacturers launching budget electric cars in India with under 5 lakhs available to buy in 2024.
With zero tailpipe emission electric cars are a cleaner mode of transportations and can offer both financial and environmental benefits with their minimal maintenance cost. Affordability has also increased as government policies and subsidies have made electric cars affordable.
However, finding a budget electric car in India under 5 lakhs is challenging because of the high cost of batteries, which adds to the overall manufacturing cost, hence limited options.
In this article, we have listed the best budget electric cars in India under 5 Lakhs, along with their price, range, battery capacity, power, charging time features, and specifications along with a comparison table of all budget electric cars in India. We have also included a buying guide to consider while buying an affordable and budget electric car in India.
Best Electric Cars in India under 5 lakhs
Here is a list of electric cars in India under 5 lakhs along with a comparison of their key features:
| Model | Price | Battery Capacity | Range | Power |
|---|
| Strom Motors R3 | Rs 4.50 Lakh | 6 kWh | 200 km | 20.4 PS |
| Tata Nano EV | Rs 4 Lakh | 7 kWh | 170 km | 24 HP |
| PMV EaS E | Rs 4.79 Lakh | 48V Lead Acid | 200 km | 13.5 PS |
| Mahindra Reva i | Rs 3.76 Lakh | 48V, 200AH Lead Acid | 80 km | 17.4 HP |
1.Strom Motors R3
Here are some key specifications of Strom Motors R3:
| Key Specifications | Metrics |
|---|---|
| Price | Rs 4.50 Lakh |
| Battery | 6 kWh |
| Range | 200 km |
| Power | 20.4 PS |
| Charging time | 3 hours |
| Top Speed | 80 kmph |
| Transmission | Manual |
| Body Type | Hatchback |
| Seating Capacity | 2 |
| Compatible charger | AC 22 kWH, 3.3kWH |
The Strom-R3 is a 100% electric personal car that provides a safe and air-conditioned comfortable cabin for two occupants. It’s perfect for navigating crowded urban environments where cleaner air, quieter roads, and cooler gadgets are essential
Specs-wise, the Strom R3 gets a 15kW motor that generates power of 20.4PS and a torque of 90Nm offering a top speed of 80kmph. The 6 kWh battery gets fully charged in 3 hours offering a driving range of 200 km in a full charge.
2. Tata Nano Electric
Here are some key specifications of Tata Nano EV:
| Key Specifications | Metrics |
|---|---|
| Price | Rs 4 Lakh |
| Battery | 7 kWh |
| Range | 170 km |
| Power | 24 HP |
| Charging time | 4 hours |
| Top Speed | 65 kmph |
| Transmission | Manual |
| Body Type | Hatchback |
| Seating Capacity | 4 |
| Compatible charger | 22kW AC |
Tata Motors have come together with Jayem Automotives to bring forth an electric version of the popular Tata Nano by the name Jayem Neo. The Tata Nano EV is the most affordable electric car in India under the 5 lakhs segment that bundles up with practicality and comfort to deliver a versatile electric car for our Indian streets. The Nano EV was initially manufactured for Ola’s electric fleet and launched in 2020, but now it will be available to everyone else. Upon its launch, it is expected to rival the MG Air EV.
Key features of Tata Nano Electric (Jayem Neo):
- 7-inch touchscreen display and digital instrument cluster.
- Dual front airbags, parking sensors, and ABS.
- USB ports for connectivity with ambient lights.
Specs-wise the Nano EV is based on the X3 platform to support the electric powertrain. It has a 72V induction motor that produces a max power of 24HP and a torque of 85 Nm. The 7kWh battery gets fully charged in 4 hours offering a range of 170 km
3. PMV EaS E
Here are some key specifications of PMV EaS E:
| Key Specifications | Metrics |
|---|---|
| Price | Rs 4.79 lakh |
| Battery | 48V Lead Acid |
| Range | 140 km |
| Power | 13.5 PS |
| Charging time | 4.5 hours |
| Top Speed | 60 kmph |
| Transmission | Manual |
| Body Type | Hatchback |
| Seating Capacity | 4 |
| Compatible charger | 3.3kW AC |
PMV EaS E is the most popular and affordable two-door micro-electric car in India. It is manufactured by the Indian Startup PMV Electric to address the issue of growing environmental problems and the affordability of electric cars in India. PMV EasE is a practical electric car for the daily urban commute.
Key features of PMV EaS E:
- Dual Airbags, parking camera, and Anti-theft sensors.
- Auto AC, Remote Door Lock/Unlock.
- Bluetooth infotainment screen, digital driver’s display.
4. Mahindra Reva i
Here are some key specifications of Mahindra Reva i:
| Key Specifications | Metrics |
|---|---|
| Price | Rs 3.76 lakh |
| Battery | 48V |
| Range | 80 km |
| Power | 17.4 HP |
| Charging time | 4.5 hours |
| Top Speed | 80 kmph |
| Transmission | Manual |
| Body Type | Hatchback |
| Seating Capacity | 2 |
| Compatible charger | 22 kWh AC, 3.3 kWh AC |
This is India’s first micro-electric car manufactured by Mahindra Reva. The door of Mahindra Reva is equipped with high-tech features and safety ratings. The model has been discontinued from manufacturing and has been seen at various second-hand electric car markets. Mahindra Reva i is a small two-door two-seat electric hatchback perfect for the Indian market.
Key features of Mahindra Reva i:
- Bluetooth Infotainment system, digital driver’s display.
- Power Steering, Adjustable Seats.
- USB ports for charging.
Here’s a video showing the best electric cars in India under 5 lakhs :Â
Electric Car Buying Guide: Things to consider :
Buying an electric car for the first time can be confusing and one needs to consider several factors related to specifications and the EV ecosystem. Here are some of the things to consider while buying an electric car:
1. Range
Choose an electric car with a range that supports your daily travel. Check the real-world range of an electric car against the single-cycle test. Keep an eye out for average travel distances, the availability of charge points (or lack of) and the option of fast charging that could save you time.
2. Battery Capacity
A higher driving range is yielded by a larger battery pack. It’s important, however, to weigh the range with the cost. Typically, electric cars with a higher battery capacity sport a higher price tag. Evaluate your daily driving patterns and match them to the electric car that has the proper battery capacity. It should meet your requirements without shattering your wallet.
3. Charging Infrastructure
Do a bit of research about the charging infrastructure near you. Ensure that the electric car you’re eyeing supports various charging options, including standard AC charging at home or public DC fast charging. Scout around for any public charging stations you can tap when you’re out, or see if you can Set up a Level 2 EV Charger where you live or work to keep the vehicle charged.
4. Performance and Power
Do not compromise on performance when purchasing an electric car. Electric vehicles typically deliver an instant torque, providing quick acceleration in no time. Consider factors such as horsepower, torque, and the vehicle’s ability to handle varied road conditions and terrains.
5. Safety Features
Ensure that the electric car’s manufacturer prioritizes safety. Look for features like ABS multiple airbags, and advanced driver assistance systems (ADAS) like collision warnings, and lane departure warnings. These features in a car can contribute to a safer driving experience because safety matters .
ALSO READ – Ola Electric Scooters: Now Up to ₹25,000 Cheaper
Benefits of Electric Cars over ICE:
Electric Vehicles (EVs) offer several advantages over traditional Internal Combustion Engine (ICE) vehicles. Let’s explore these benefits:
- Zero Tailpipe Emissions:
- EVs do not produce tailpipe emissions, which significantly reduces air pollution in urban areas. Unlike ICE vehicles that burn fossil fuels and contribute to air pollution, EVs help improve public health by eliminating tailpipe emissions1.
- Energy Efficiency:
- EVs are more energy efficient than gasoline or diesel-powered cars. On average, an EV has an MPGe (miles per gallon equivalent) of about 3 miles per kilowatt-hour (kWh), while the average gasoline car has an MPGe of about 0.3 miles per kWh.
- Environmental Impact Depends on Electricity Source
- If EVs are charged using electricity from fossil fuel power plants, the associated emissions may be significant. In the US, the average EV charged on the electric grid emits about 0.5 pounds of carbon dioxide per mile, half of what a gasoline car emits.
- Improved Air Quality:
- By reducing air pollution, EVs contribute to better air quality, especially in densely populated urban areas.
- Quieter Operation:
- EVs are much quieter than ICE vehicles, providing a more peaceful driving experience.
- Lower Maintenance Costs:
- EVs have fewer moving parts than ICE vehicles, resulting in lower maintenance costs over time.
- Safer Driving Experience:
- EVs often have better handling due to their lower center of gravity (thanks to the battery placement), enhancing safety.
- Recharging Convenience:
- Charging an EV at home or using public charging stations is convenient and eliminates the need for frequent gas station visits.
- Cost-Effectiveness:
- While the upfront cost of EVs may be higher, long-term savings on fuel and maintenance can make them cost-effective in the long run.
ALSO READ – 5 Electric SUVs Coming To India 2024-25
Conclusion
In conclusion, these budget electric cars available in India under 5 lakhs are an attractive choice because they offer a great combination of affordability, a desire to have less impact on the environment, and practicality that many consumers will desire once they’ve given electric cars a try, at not much of a risk to their funds.
However, while you might pay less for your car up front, there’s more to consider. Long-term savings, range, and charging infrastructure will be just as critical for most buyers who insist on staying eco-friendly.
FAQS
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This is a great resource for anyone considering an electric car in India! It would be helpful to see a comparison table of the different models mentioned in the article.
Thankyou NSHM for sharing your thoughts and i will definitely gonna provide a side to side comparisons of top budget ev cars