Electric vehicles benefit the environment a great deal, making them the way of the future for transportation. Cleaner emissions equate to less pollution, therefore a cleaner environment is more environmentally friendly. Therefore, when it comes to environmentally responsible transportation, electric vehicles play a significant role.
Only a few electric cars are now available for purchase in India. There are currently 20 different electric car models available in India from 16 different electric car manufacturers. In India, the top brands of electric cars include Maruti Suzuki, Hyundai, Tata, Mahindra, and Renault. The KIA EV6, Tata Nexon EV Prime, Tata Tigor EV, Volvo XC40 Recharge, and Tata Nexon EV Max are some of the more well-known electric vehicles in India. This article will provide you with all the knowledge you need about EV car prices in India.
All you need to know about EV car prices in India
Price
Although they are good for the environment, electric cars are not cheap. Electric cars are more expensive than their conventional equivalents because of the intricate electric drivetrain and pricy battery packs. Even a modest electric hatchback car might set you back more than Rs. 6 lakh. As a result, before deciding to purchase an electric vehicle, consider your budget.
Tax benefits and Incentives
The overall cost of electric vehicles can be decreased by the government's incentives and tax breaks. Check the precise proportion of tax breaks and incentives you will receive if you buy an eco-friendly vehicle. Additionally, the Indian government provides perks like reduced service tax (GST), which lowers the cost of an electric vehicle.
Battery cost
One of an electric vehicle's most crucial parts is the battery pack. The battery is one of the more expensive components of the EV as well, though. It might be expensive to replace the battery pack in an electric car. So, before purchasing an environmentally friendly vehicle, always verify the battery life. The cost of maintenance decreases with battery life.
Charging Cost
A variety of charging methods, including fast, regular, and slow charging, are available for electric cars. There are practically any fast-chargers in your city, and they are expensive to build. It is possible to establish a standard, sluggish charging method in your home. Some EVs can also be charged from your home's electrical outlet. Therefore, before purchasing an electric vehicle, be sure to look into the charging possibilities as per your budget.
Maintenance Cost
One of the crucial elements of having an electric vehicle is maintenance. The EV might not function well if proper maintenance is not performed. Since there are fewer moving components in an EV, they are typically fairly simple to maintain. But in the event of a breakdown, the repair costs may be prohibitive. When compared to a regular car, the spare components are also highly pricey. Additionally, there aren't many mechanics who specialise in EVs, so if you need any maintenance or repairs, you must contact the manufacturer.
Additional Cost
There are various extra expenditures when you purchase an electric automobile because it is so environmentally good. A home charger, the construction of a charging station, the upkeep of a charging station, and public station recharging all cost extra money. When compared to owning a traditional car, these costs might make ownership rather pricey. So, before purchasing an electric vehicle, be mindful of these additional charges.
Car Insurance Cost
Because EVs are pricey, insurance for them tends to be on the higher side. The cost of insurance increases with the value of the car. Car insurance for electric vehicles is more expensive than it is for conventional automobiles. So, before choosing an electric vehicle, take into account the greater cost of auto insurance for EVs.
Top Electric car prices in India
• Volvo XC40 Recharge A 5-seater SUV called the Volvo XC40 Recharge is offered for a starting price of Rs. 55.90 Lakh.
• TATA Tigor EV The price range for the compact sedan Tata Tigor EV is between 12.49 and 13.64 lakhs.
• TATA Nexon EV The price range for the compact SUV Tata Nexon EV is between 14.99 and 17.50 lakh rupees.
Conclusion
This concludes our article for EV car prices in India. To know more about the most recent Electric car prices in India download the Park+ App and get the latest updates on your mobile phone.