Planning to Buy an EV? These Upcoming Electric Cars Under 15 Lakhs Are Worth Waiting For

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Upcoming Electric Cars Under 15 Lakhs in India

Top 5 Upcoming Electric Cars Under 15 Lakhs in India (2025) – Affordable EVs to Watch

Electric vehicles (EVs) are rapidly gaining popularity in India. With rising fuel prices, environmental concerns, and government support for green technology, more Indians are now considering EVs as a serious alternative to petrol or diesel cars. However, one of the biggest concerns for many buyers has been the high upfront cost of EVs.

Thankfully, that’s about to change. Several automakers are planning to launch upcoming electric cars under 15 lakhs, making EVs affordable for middle-class families and first-time buyers. These budget-friendly electric vehicles are expected to offer decent range, features, and safety – without burning a hole in your pocket.

In this article, we’ll take a detailed look at the top upcoming electric cars under 15 lakhs in India for 2025 and beyond. If you’re planning to buy an EV, now is a great time to start your research.

Why Choose Electric Cars?

Before we dive into the list, let’s quickly understand the benefits of electric cars, especially in a country like India:

1. Low Running Costs

Electricity is much cheaper than petrol or diesel. An EV typically costs just ₹1 to ₹1.5 per km to run, compared to ₹5–₹10 for a petrol car. This translates to big savings in the long run.

2. Environment-Friendly

Electric cars produce zero tailpipe emissions, making them far less polluting than traditional vehicles. This is especially important in cities struggling with air pollution.

3. Government Incentives

Under schemes like FAME II and various state EV policies, EV buyers can get significant subsidies, tax exemptions, and benefits like free registration and road tax waiver.

4. Low Maintenance

EVs have fewer moving parts than petrol or diesel cars, which means fewer breakdowns and lower maintenance costs.

Top 5 Upcoming Electric Cars Under 15 Lakhs in India

Let’s now explore the most anticipated electric cars in the affordable segment:

1. Tata Punch EV

  • Expected Price: ₹10 – ₹13 Lakhs
  • Expected Launch: Mid to Late 2025
  • Range (Expected): 300 – 350 km

The Tata Punch EV is one of the most awaited launches. Based on the ALFA platform, it will likely feature Tata’s Ziptron technology, fast charging, and connected car features. It will compete directly with petrol SUVs in the compact segment, offering better savings over time.

2. MG Comet EV – Long Range Version

  • Expected Price: ₹8 – ₹10 Lakhs
  • Expected Launch: End of 2025
  • Range (Expected): 250 – 300 km

The MG Comet EV is already India’s smallest and most affordable EV. MG plans to launch a long-range version with a bigger battery, improved range, and more features like cruise control and advanced infotainment. This EV is perfect for daily city commutes and urban driving.

3. Maruti Suzuki eVX (Base Variant)

  • Expected Price: ₹13 – ₹15 Lakhs
  • Expected Launch: Early 2026 (Reveal in late 2025)
  • Range (Expected): 350 – 400 km

Maruti is finally entering the EV race with the eVX SUV. While the premium variants may cost more, Maruti is likely to introduce a base model under ₹15 lakhs to attract mass-market buyers. With the company’s wide service network and high resale value, the eVX could dominate the affordable EV segment.

4. Renault Kwid EV (City K-ZE)

  • Expected Price: ₹9 – ₹12 Lakhs
  • Expected Launch: Mid 2025
  • Range (Expected): 250 – 300 km

Renault is preparing to bring its successful China-based City K-ZE (Kwid EV) to India. It will maintain the Kwid’s stylish look, but with a fully electric heart. Positioned as one of the best upcoming electric cars under 15 lakhs, it’s perfect for small families and urban youth.

5. Mahindra eKUV100

  • Expected Price: ₹8.5 – ₹10 Lakhs
  • Expected Launch: Mid 2025
  • Range (Expected): 150 – 200 km

Mahindra’s eKUV100 is aimed at city users looking for a practical, eco-friendly car. It’s compact, easy to drive, and expected to offer basic features like a touchscreen, reverse camera, and fast charging. This will likely be one of the cheapest electric SUVs in India when launched.

Features to Expect in Budget EVs

Even though these EVs are priced under ₹15 lakhs, manufacturers are packing in several useful features such as:

  • Touchscreen infotainment with Android Auto/Apple CarPlay
  • Climate control
  • Regenerative braking
  • Fast charging capabilities
  • Safety features like ABS, airbags, reverse parking camera
  • Connected car technology (in some models)

Government Support – Making EVs More Affordable

India’s central and state governments are providing strong backing to make EVs affordable for the masses:

FAME II Subsidy

This central government scheme provides incentives of up to ₹1.5 lakh for electric cars, depending on the battery size and range.

State-Level Benefits

States like Delhi, Maharashtra, Gujarat, and Tamil Nadu offer extra subsidies, zero registration fees, and road tax exemption for EV buyers.

Tax Deduction on Loans

Under Section 80EEB, you can claim a deduction of up to ₹1.5 lakh on the interest paid on loans for EV purchases.

Conclusion – The Future is Electric & Affordable

As automakers shift focus toward sustainability and cost-effectiveness, the number of upcoming electric cars under 15 lakhs is growing fast. Whether you are a college student, a daily office commuter, or a small family, there will soon be an EV that suits your needs and budget.

These affordable electric cars will not only save you money on fuel but also help build a greener future for India. So if you’re planning to buy a car in 2025, consider switching to an electric option—it’s a smart choice, both financially and environmentally.

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