Top 10 Cheapest Electric Cars in India 2026 — Best EVs Under ₹10 Lakh!
- Electric-Cars
- 13 Nov, 2025
India’s entry-level EV market has moved fast — by 2026 you can buy or find affordable electric options under ₹10 lakh if you consider new base trims, upcoming launches and the used-EV market. Below are 10 practical, budget-friendly EV choices (clearly marked if they’re confirmed, upcoming or used) to watch in 2026.
The list (what’s available or realistic under ₹10L)
- MG Comet EV (new) — One of the cheapest factory-new EVs in India, the Comet’s entry trims have been listed with ex-showroom prices well under ₹10 lakh. It’s a compact city EV with simple features and a ~230 km claimed range (WLTP/ARAI varies by spec).
- Tata Tiago.ev (new) — Tata’s small EV undercuts many rivals: the Tiago.ev base variant starts at about ₹7.99 lakh (ex-showroom) and offers sensible range and Tata’s service network — a very practical city EV.
- Tata Punch.ev (new — base trim) — The Punch.ev’s base (Smart) trim has been priced around ₹9.99 lakh ex-showroom in many listings, making it a compact-SUV style option under ₹10L for buyers wanting slightly more space.
- Maruti WagonR EV (expected new, 2026) — Maruti’s small EV is widely reported to be targeted at an affordable price (industry estimates and media put the likely starting price in the ₹8–9 lakh band). It’s an important “soon to arrive” contender for the sub-₹10L segment. (Launch timing and final pricing subject to company confirmation.)
- Used Tata Nexon EV (pre-owned) — New Nexon EV models retail higher, but the used market already lists older Nexon EVs under ₹10 lakh — a realistic way to get a larger, safer EV for that budget.
- Used MG ZS EV / Other used SUVs — Certified pre-owned listings sometimes bring premium EVs into the ₹10L bracket; if you’re open to used cars, MG ZS EV and similar models appear in the second-hand market at competitive prices.
- Lower-trim variants of mainstream EV launches — Many manufacturers are launching multi-trim strategies: base trims or limited-spec versions of larger EVs are often priced to compete around ₹10L. Keep an eye on manufacturer pricing adjustments. (Example: Tata’s trimming/variant moves have affected small EV pricing.)
- Battery-as-a-Service (BaaS) options — Some makers reduce sticker price by offering battery subscription models (BaaS), which can bring the effective purchase price below ₹10L while the battery is rented monthly. This changes ownership math for budget buyers; check dealer offers.
- Micro / neighborhood EV startups & conversions (used/new hybrid market) — Smaller manufacturers and conversion specialists sometimes offer ultra-compact EVs or conversion options that hit low price points. Availability varies by city and state incentives.
- Upcoming mass-market EVs (watchlist) — Several global/Indian OEMs have projects aimed at the ₹7–10 lakh segment (projected launches 2025–2027). These models could expand choices during 2026–27 — keep vendor press pages bookmarked for official prices.
Why Choose (short)
- Lowest running cost: Electricity + cheaper maintenance compared to ICE cars.
- City convenience: Small EVs are cheap to run for daily commutes and parking-friendly.
- Government & state incentives: Some states continue to offer EV benefits that lower effective cost.
- Multiple paths to affordability: Buy new base trims, use battery subscription (BaaS), or choose certified used EVs to get more car for ₹10L.
(Prices and availability change quickly; confirm ex-showroom prices and variant availability with dealers before booking.)
Conclusion
The Top 10 Cheapest Electric Cars in India 2026 — Best EVs Under ₹10 Lakh! list shows that affordable EV ownership is already real: you can buy compact city EVs new (Comet, Tiago, Punch base trims) or get larger capability by choosing used EVs like older Nexon EVs. Expect the choice to widen in 2026 as mass-market launches arrive — always verify final prices, local incentives and available trims before you decide.
FAQs
Q: Are these prices ex-showroom or on-road?
A: The prices cited are generally ex-showroom. On-road (RTO, insurance etc.) will add to final cost. Always check the dealer quote.
Q: Can I get an EV under ₹10 lakh with fast-charging?
A: Entry models usually support DC fast charging but at modest power levels; check the spec sheet for the charge rate and compatible public chargers.
Q: Is buying a used EV a safe option?
A: Yes — certified, dealer-inspected used EVs (or cars with healthy battery reports) are a practical way to access bigger EVs within ₹10L. Check battery health documentation.
Q: Will more sub-₹10L EVs arrive in 2026?
A: Industry reports and OEM plans indicate more affordable models and trims are likely in 2026–27; keep an eye on official launch announcements.
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