Budget EVs · 2026

Best EVs Under ₹10 Lakh

Affordable electric vehicles for first-time EV buyers — from ₹75,000 electric scooters to ₹7.5L MG Comet. After FAME-III + state subsidies, real-world budget options expand significantly.

12Models
₹75KLowest Price
₹10LCap
₹15-17KFAME Subsidy 2W

Electric Cars Under ₹10 Lakh

Limited but real options. MG Comet EV is the standout under ₹10L. Tata Punch EV starts around ₹10L.

Electric Scooters Under ₹2 Lakh — Affordable 2-Wheeler EVs

All electric scooters in India fall under this budget. Combined with FAME-III ₹15-17K subsidy, you get premium scooters for ₹85K-₹1.5L on-road.

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Frequently Asked Questions

What is the best electric car under ₹10 lakh in India?

The MG Comet EV is the only true electric car under ₹10 lakh ex-showroom (₹7.5-9.8L). For around ₹10L: Tata Punch EV (₹10-14.5L). After FAME-III + state EV incentives, on-road drops further.

Are electric scooters under ₹1 lakh good in India?

Yes. 6+ options under ₹1 lakh after subsidy: Ola S1 X, TVS iQube, Hero Vida VX2, Bajaj Chetak. All FAME-III eligible. Running cost: ₹0.20-0.30/km vs ₹2.5/km for petrol scooters.

What is the cheapest 4-wheeler EV in India?

MG Comet EV at ₹7.5 lakh ex-showroom is India's cheapest electric car. Compact 2-door, 230 km range. Ideal for daily commutes under 50 km.