Upcoming Electric Cars in India Under 20 Lakhs - 2023

If you're an Indian citizen, there are plenty of revolutions you can be proud of; the White Revolution, Green Revolution, and Silver Revolution have done their part to redefine the future of dairy, rice, and cotton respectively. Moving forward, we are witnessing the electric vehicle revolution making its way to India, and we couldn't be more thrilled! 

With both the central and state governments pushing for a cleaner and greener future, we are seeing a surge in the number of electric cars being launched for new-age Indian car buyers. What's even better, is that these eco-friendly vehicles are now available at affordable prices! With the emergence of newer technologies, you can now own an electric car for under 20 lakhs in India and join the EV movement.

The future looks electric and it's time to become a part of something larger than life. From compact hatchbacks to power-packed SUVs, we'll cover a little bit of everything in our guide to the upcoming electric cars in India under 20 lakhs. Here are our top picks:

1. Mahindra XUV400 (Electric XUV300)

Mahindra is one of the biggest players in the Indian automotive market. The brand is set to put things into perspective with its ambitious plans to launch a fleet of 8 new electric SUVs before 2027 draws to a close. Leading the charge is the much-anticipated electric iteration of the XUV300, which is slated to make its debut during 2023-24 under a new moniker, the Mahindra XUV400!

As the first vehicle to be based on the Mahindra Electric Scalable Modular Architecture (MESMA) platform, the XUV400 is here to set the standard for future electric SUVs from the brand. The concept model that was showcased at the Auto Expo was fitted with a 350V powertrain, but experts believe that a more powerful and effective 380V powertrain will also be available in future models.

Expected Launch: 2023-24

Ex-showroom price (Delhi): ₹14 Lakh – ₹18 Lakh

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Check out our collection of Used Mahindra Cars in India.

2. Mahindra eKUV100

Mahindra's electric version of its popular KUV100 model is scheduled to hit showrooms in the first half of 2025. This absolute specimen of an EV was unveiled to the public as the eKUV100 concept.

Under the hood, the eKUV100 promises to pack a powerful punch with its 15.9 kWh battery that powers an electric motor capable of producing a hearty 54.4bhp (40kW) and 120 Nm torque. Talk about speed! Charging this beautiful green machine is a breeze, with a full charge taking just 5 hours and 45 minutes with a regular charger, and a speedy 55 minutes using a fast charger.

The eKUV100 promises to be the perfect solution for both the fashion savvy and the eco-conscious drivers looking for a compact, low-emission vehicle without having to compromise on performance, style, and convenience.

Expected Launch:  2024

Expected Price: ₹9 Lakh – ₹13 Lakh 

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3. MG Electric Crossover

MG Motor is already creating ripples in the Indian automotive market. The automaker has confirmed its plans to launch a new electric crossover that will be priced competitively between ₹10 lakh and ₹15 lakh, making it a viable option for a wide range of consumers looking for an affordable EV.

Expected to be a game-changer in its segment, this electric crossover will be based on a global platform but designed specifically to meet the demands of the ever-changing Indian market. This new model is expected to offer a driving range of over 300 km on a single charge, making it a serious contender in the game. Stay tuned for further developments, folks!

Expected Launch: March 2023

Expected Price: ₹10 Lakh – ₹15 Lakh

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Check out our collection of Used MG Cars in India.

4. Hyundai Venue Electric 

Hyundai has already established itself as one of the major players in the Indian automotive industry. The brand is up and ready to make a major impact on the Indian electric vehicle market with a bold announcement to launch six all-new electric vehicles by 2028. This is no small feat, but the Korean automaker has made it clear that it is duly committed to this transition to electric mobility.

Reports suggest that Hyundai may also electrify some of its existing models to create these new EVs, making the transition to electric mobility that much smoother, easier, and more exciting to look forward to. The first electric vehicle from this list is rumoured to be the electrified version of the Venue compact SUV, a formidable rival to the Tata Nexon EV.

Hyundai is notorious for its focus on affordability and range and the upcoming Hyundai mass-market EV is expected to be a continuation of this sentiment. With a projected range of around 350 km on a single charge, this new EV will make electric mobility a lucrative alternative for more customers than ever before!

Expected Launch: March 2023

Expected Price: ₹12 Lakh – ₹17 Lakh

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5. Tata Altroz EV

2019-GIMS-Geneva

Tata Altroz EV was first introduced to the world at the 2019 Geneva Motor Show and has been carving a space for itself ever since. Built upon the lightweight and versatile ALFA (Agile Light Flexible Advanced) platform, the Tata Altroz EV boasts cutting-edge Ziptron electric technology. This EV will be powered by a permanent magnet AC motor, coupled with a lithium-ion battery.

The Tata Nexon EV has already set a new benchmark in the Indian electric vehicle market, delivering a range of over 312 km on a single charge, and it's exciting to think about what other significant features the Tata Altroz EV will bring to the table!

Expected Launch: 2025

Expected Price: ₹12 Lakh – ₹15 Lakh

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Read More - Upcoming Electric Cars Under 15 Lakhs in 2023.

6. Tata Punch EV

Tata Motors has consolidated its efforts into developing an all-new electric SUV built on the nimble and versatile ALFA (Agile Light Flexible Advanced) platform, which underpins the popular Altroz. The new Tata Punch is expected to boast a similar, if not more powerful powertrain compared to the Tigor EV. This EV features a lithium-ion battery pack with a capacity of 26 kW, coupled with a 55 kW electric motor that delivers 74 BHP power and 170 Nm torque. With a range of about 306 km on a single charge, the Tigor EV is as reliable as it is economical. The battery can be charged to 80% in just under an hour with a fast charger, and in 8.5 hours with a home charger.

Expected Launch: 2023

Expected Price: ₹9 Lakh – ₹12 Lakh

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Read More - Upcoming Tata Cars in India in 2023.

7. Kia Soul EV

The Kia Soul EV is KIA's first foray into the electric space. This futuristic vehicle has already made waves in the North American market and is now set to make its much-awaited debut in the Indian market. With a one-of-a-kind box-like silhouette and wrap-around dual-barrel projector headlamps, this vehicle is sure to impress. Powering this EV is a permanent magnet synchronous engine, capable of delivering a range of over 350 km on a single charge! Estimated to be priced between ₹12 lakh to ₹15 lakh, this electric vehicle is going to be a game changer in the affordable electric vehicle segment in India.

Expected Launch: 2023

Expected Price: ₹12 Lakh – ₹15 Lakh

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India is poised for a major shift towards electric vehicles in the years to come. The list of upcoming electric cars in India under 20 Lakh is stellar and nothing short of impressive, and it's clear that we are taking the EV revolution seriously. 

Let's fasten our seatbelts and get ready for a wild ride, as the Indian electric car market is about to go from 0-Electrifying in no time. This is truly an exciting time to be alive. Over the next few years, we're going to witness a new era of clean, green, and sustainable transportation. To put it simply, the upcoming years are going to be a breath of fresh air in an otherwise smog-filled automotive landscape.

FAQs

Is EV worth buying in India?

Electric vehicles (EVs) are better than conventional cars because of their lower running costs, reduced carbon emissions, and top-of-the-line features.

Which are the best Electric cars under ₹20 Lakh in India?

The Tata Nexon EV and Mahindra eKUV100 are some of the best electric cars under ₹20 Lakh in India. They offer impressive power, performance, and practicality.

Which are the latest Electric cars under ₹20 Lakh in India?

Tata Altroz EV and Hyundai Kona Electric are among the latest electric cars under ₹20 Lakh in India.

Which is the cheapest EV in India?

The Tata Tiago EV is one the cheapest electric cars in India, with a starting price of around ₹8.49 Lakh.