Top 5 Budget Electric Cars Launching in 2025 – Which One Is the Cheapest?
- Bikes
- 07 Aug, 2025

August 7, 2025 | New Delhi, India – The Indian electric vehicle (EV) market is set for a major transformation in 2025, as several automakers prepare to launch budget electric cars aimed at the mass market. With increasing government support, rising fuel costs, and consumer demand for sustainable mobility, manufacturers are racing to produce affordable EVs.
Here's a look at the Top 5 Budget Electric Cars launching in 2025, and which one might win the title of "Cheapest EV in India."
1. Tata Tiago EV 2025 Facelift
Expected Price: ₹7.5 – ₹8.5 lakhs
Range: 250–300 km
Launch Date: Q1 2025
Tata Motors, the current leader in India's EV market, is updating its successful Tiago EV with a refreshed design, better range, and improved infotainment features. With Ziptron technology and DC fast charging, it continues to offer excellent value for money.
✅ Why it stands out: Proven reliability, nationwide service network, and low maintenance costs.
2. MG Comet EV Long Range Variant
Expected Price: ₹7 – ₹8 lakhs
Range: 300 km
Launch Date: Q2 2025
MG is planning a new long-range variant of the Comet EV, which will still keep its compact urban form while extending its battery performance. It’s aimed at city dwellers who need a smart, small, and affordable electric car.
✅ Why it stands out: Futuristic design, great for city use, smart connectivity.
3. Maruti Suzuki eVX Compact
Expected Price: ₹10 – ₹11 lakhs
Range: 350 km
Launch Date: Q3 2025
Maruti Suzuki is entering the EV market with the much-anticipated eVX compact SUV. Though priced slightly higher, it's expected to be packed with features and backed by the brand’s massive dealer network.
✅ Why it stands out: Brand trust, spacious design, expected high resale value.
4. Renault Kwid EV (K-ZE)
Expected Price: ₹6.5 – ₹7.5 lakhs
Range: 250 km
Launch Date: Q2 2025
Renault is bringing the globally available K-ZE (based on the Kwid) to India. With a compact hatchback body and decent range, this could become one of the cheapest electric cars in India upon launch.
✅ Why it stands out: Stylish design, expected to undercut most competitors in price.
5. Mahindra e2o NXT
Expected Price: ₹6 – ₹7 lakhs
Range: 180–200 km
Launch Date: Late 2025
A revival of the original e2o, Mahindra is focusing on offering the most cost-effective EV with essential features for short-distance travel. This micro EV is ideal for urban users on a strict budget.
✅ Why it stands out: Likely to be India’s cheapest EV in 2025.
Which One Is the Cheapest?
As of now, Mahindra’s e2o NXT is projected to be the most affordable electric car launching in 2025, possibly starting around ₹6 lakhs. However, Renault Kwid EV is also expected to be close in pricing, making this a tight race for the budget EV crown.
Why Choose a Budget EV in 2025?
- ✅ Lower Running Costs: Save on fuel with EVs costing just ₹1/km to operate.
- ✅ Eco-Friendly: Zero tailpipe emissions and reduced carbon footprint.
- ✅ Government Incentives: Subsidies under FAME-II and state EV policies.
- ✅ City-Friendly Features: Easy charging, compact sizes, and low maintenance.
- ✅ Future-Proof Mobility: Prepared for stricter pollution norms and fuel price hikes.
Conclusion
The year 2025 is shaping up to be a turning point for affordable electric mobility in India. With multiple launches across price brackets, from trusted names like Tata, Maruti, Mahindra, Renault, and MG, consumers will have more choices than ever. While Mahindra’s e2o NXT is likely to be the cheapest EV, every car on this list brings its own strengths.
For those waiting to make the electric switch without breaking the bank, 2025 is the year to do it.
FAQs
Q1: Are budget EVs reliable for daily use?
A: Yes. Most budget EVs offer 180–300 km of range, which is more than sufficient for daily city commutes.
Q2: Do budget EVs support fast charging?
A: Models like the Tata Tiago EV and MG Comet LR variant come with fast-charging capabilities.
Q3: What’s the lifespan of a budget EV battery?
A: On average, 7–8 years with proper maintenance. Many brands offer 8-year battery warranties.
Q4: Can I get financing for a budget EV?
A: Yes. Most banks and NBFCs offer EV loans at competitive rates, and some state governments offer additional interest subsidies.
Q5: Are there enough charging stations in India?
A: Charging infrastructure is growing rapidly, especially in metros. Home charging is also an easy and affordable option.
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