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Upcoming Electric Cars in India with Expected Prices & Launch Dates

Team AckoFeb 16, 2024

The shift to Electric Vehicles (EVs) is catching on in a big way in the Indian automotive sector. The increase in awareness about global warming post the recent spike in extreme weather events and the steady rise in fuel prices across the country have several people looking towards EVs as their future means of transport.

If you are in the process of buying an electric car, then this article is for you. Here are the upcoming electric cars in India with their expected launch date and price.

Contents

Top 9 Upcoming Electric Cars in India

Make and Model	Expected Price (in Rs.)	Expected Launch
Renault Zoe	8 Lakhs	May 2023
Citroen C3 EV	9.5-12 Lakhs	February 2023
MG Air EV	10 Lakhs	Early 2023
Tata Altroz EV	12-15 Lakhs	February 2023
Mahindra XUV 400	12-16 Lakhs	January 2023
Hyundai Ioniq 5	45 Lakhs	Mid 2023
Mercedez Benz EQB	60-70 Lakhs	December 2022
Tesla Model 3	70- 90 Lakhs	January 2023
Fisker Ocean EV	60 lakh-1 Crore	June 2023

1. Renault Zoe

The Renault Zoe is going to be the first electric offering from the French automaker. Renault is making sure the Zoe is tweaked as and when required to perform to suit Indian conditions.

You can expect it to have the same dimensions as some of the premium hatchbacks, like the Hyundai i20.

What We Know So Far

Expected Price: Rs. 8 Lakhs

Expected Launch Date: May 2023

Max Power: 90hp

Battery Capacity: 41 kWh

Expected Range: 300-350 km

2. Citroen C3 EV

The C3 EV will be the French automaker's answer to the Tata Tiago EV hatchback and Tata Tigor. It has no other rivals in this price bracket that looks like a compact SUV.

Its features are expected to be identical to its petrol-powered sibling. The only noticeable difference between the two is the charging port on the exterior and, of course, the badging.

What We Know So Far:

Expected Price: Rs. 9.5-12 Lakhs

Expected Launch Date: February 2023

Battery Capacity: 50 kWh

Expected Range: 300+ km

3. MG Air EV

The AIR EV is MG's offering as an affordable EV for the Indian market. This will be MG's second EV to be available in the country after the MG ZS EV, which was targeted at a different set of customers.

This funky-looking EV is designed to take on the role of an urban commuter and has the specs to perform that role. Just under 3 meters long, the AIR EV will be shorter than an ALTO.

What We Know So Far:

Expected Price: Rs. 10 Lakhs

Expected Launch Date: Early 2023

Power: 34-40 bhp

Battery Capacity: 25 kWh

Expected Range: 150 km

4. Tata Altroz EV

The Tata Altroz EV is probably the most awaited among the upcoming electric cars in India. Tata has cemented its reputation in the EV game with its Tigor EV and the Nexon EV range.

The Altroz EV will continue to use Tata's tried and tested Tata's Ziptron. It is also expected to come with connected tech, which lets you access critical information about the vehicle and help locate charging stations near you.

What We Know So Far:

Expected Price: Rs. 12-15 Lakhs

Expected Launch Date: February 2023

Power: 127 bhp

Battery Capacity: 30.2 kWh

Expected Range: 300 km

5. Mahindra XUV 400

The XUV 400 is Mahindra's first venture into the EV space. Mahindra has positioned its EV to go up against the highly successful Nexon EV that has dominated the EV market in this segment thus far.

On the outside, Mahindra has added a lot of copper elements in its design language to help distinguish the XUV 400 from its ICE-powered baby brother, the XUV 300.

The XUV is expected to be feature-packed, and going by Mahindra's standards of safety, it should be a safe car to travel in as well.

What We Know So Far:

Expected Price: Rs. 12-16 Lakhs

Expected Launch Date: January 2023

Power: 150 bhp

Torque: 310 nm

Battery Capacity: 39.4 kWh

Expected Range: 380-400 km

6. Hyundai Ioniq 5

The Hyundai Ioniq 5 is a looker from every angle. This modern and minimalist-looking EV will definitely stand out in traffic.

Designed to be set at a couple of price brackets lower than the Kia EV6, the Ioniq 5 will be available with two battery options—a 58kWh or a 72.6 kWh battery and as a single motor version driving the rear wheels or a two-motor AWD.

What We Know So Far:

Expected Price: Rs. 45 Lakhs

Expected Launch Date: Mid 2023

Battery Capacity: 58kWh or a 72.6 kWh

Top Speed: 185 km

7. Mercedez Benz EQB

Mercedes Benz has always had the last word for luxury, and its electric lineup is no different. After its success with the EQS, the EQB, their premium electric SUV, is finally headed to our shores. Globally, the EQB is available in two trim levels, the EQB 300 and the 350; it is still not clear if that will be the same case in India.

As with a premium Mercedes, you can expect the best of everything in every aspect, along with a host of bespoke options to make your EQB unique and a reflection of your personality.

What We Know So Far:

Expected Price: Rs. 60-70 Lakhs

Expected Launch Date: December 2022

Power: 225 bhp (EQB 300) or 288 bhp (EQB 350)

Torque: 390 nm (EQB 300) or 520 nm (EQB 350)

Battery Capacity: 66.7 kWh

Range: 407 km (WTLP claimed range)

8. Tesla Model 3

Tesla is a brand that needs no introduction in the EV world. Model 3 is the most affordable model Tesla makes and is most likely to arrive in India via the CBU route.

Tesla is in negotiations with the Indian government for tax breaks for imported EVs into the country and will probably hold off on the launch till this issue is resolved. That being said, you can expect this with Model 3 in India.

What We Know So Far:

Expected Price: Rs. 70-90 Lakhs

Expected Launch Date: January 2023

Battery Capacity: 50 kWh or 75 kWh

Range: 350 km on the smaller battery pack and 500 km on the 75 kWh battery pack.

Top Speed: 210 kmph

9. Fisker Ocean EV

Fisker is a relatively new name, but this California-based EV startup is rocking the EV world. What sets this EV apart from everything else on this list is that it comes with solar cells integrated into its roof. It will have a full suite of ADAS features, but how they cope with our Indian driving conditions will have to be seen once it hits our roads.

There are two versions expected in India, a front-wheel drive and an all-wheel drive.

What We Know So Far:

Expected Price: Rs. 60 lakh-1 Crore

Expected Launch Date: June 2023

Expected Range: 440 or 630 km, depending on the version

Takeaway

2023 will see a lot of exciting developments in the EV space. We have listed a few of the most anticipated upcoming electric cars in India. There may be a lot more in-store that manufacturers have not yet announced as of yet.

While you are on the right path by considering an EV as your next vehicle, a good insurance policy will ensure that this investment you make for the betterment of the planet will be protected in the event the unthinkable happens.

ACKO has some great insurance plans with varying levels of coverage to make sure you are covered financially if something happens to your EV. Find the best plan for you based on your EV and your needs.

Frequently Asked Questions (FAQs)

Here are some of the common questions about upcoming electric cars in India.

Are EVs expensive to maintain?

EVs are actually cheaper to maintain in the long run as they have fewer moving parts. The two most expensive components of an EV are its motor and the batteries, which are usually covered under warranty for a specific period of time.

Are EVs worth the extra cost?

The upfront cost of owning an EV is higher, but it more than makes up for it during the vehicle's lifetime. If you can charge your EVs using renewable energy courses such as solar, your running costs for the vehicle's lifetime can come down to zero.

Is India's charging infrastructure ready for the EV revolution?

The Indian government has set a target to go all-electric by 2030, and in an effort to meet that goal, the EV charging infrastructure is improving day by day.

How long does it take to charge an EV?

This depends primarily on the battery capacity of the EV and the charging method used. Slow charging using the 3-pin socket at home can take up to 12 hours. If you have access to fast chargers for DC fast chargers, the same can be done in 4 to 5 hours.

How can I extend my EV's battery life?

Use a slow charger as often as possible. Charging your battery to around 85% and not to 100% (unless you are heading out on a long trip the next day) and not draining your battery all the way down to zero is another way to extend the life of your EV's battery better.

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.