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Are there any electric cars available for sale in India?

By Finserv MARKETS - Dec 23,2019
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Electric Cars in India

Eccentric technology entrepreneur Elon Musk recently launched Tesla’s first pickup truck that looks like a beast out of the future. With concerns regarding climate change and global warming increasing all over the world, automobile manufacturers are rapidly scaling up research and development of electric vehicles with the objective of making electric cars more accessible to the world. Even as many of these models continue to be in the R&D phase, several manufacturers have launched electric cars in India for commercial sale.

Delhite Reena’s father had been grumbling ever since the Supreme Court ruling on the transition to BS6 fuels had come in. As she saw him browsing through the cars he was contemplating purchasing, she suggested that he buy an electric vehicle. She stopped his protestations about long charging hours, a lack of public infrastructure and low driving range by enthusiastically showing him brochures of soon-to-be launched electric cars in India and ones that were already available in the market. She reasoned that since he was being forced to upgrade to a clean fuel vehicle anyway, he might as well go the whole way and buy a car that released no effluents at all.

His next complaint was about how much more difficult it would be to apply for car insurance, with an electric car. She promised to help him out with finding the best car insurance in India. They decided to buy car insurance on Finserv MARKETS, where a comprehensive policy is available at annual premiums starting from as little as Rs. 2072. It offers protection against a range of man-made and natural disasters, and even coverage for repair and replacement of parts.

Electric Cars in India
The number of electric cars in India are constantly on the rise, with many models being slated for release later in 2019 and in 2020 as well.

Read on to learn about the electric cars currently being commercially sold in India.

1. Hyundai Kona:

The Hyundai Kona was launched as the first electric SUV in India, with an ex-showroom price of Rs. 25.30 lakh. The car has a 39.2 kWh battery pack which integrates liquid technology. The car is ARAI-certified for a driving range of 452km with a single charge. Hyundai Kona is available in four driving modes, namely – Sport, Comfort, Eco and Eco+. Not only can this electric car go from 0 to 100 kmph in 9.7 seconds, but the maximum torque it can showcase is 395Nm. The cherry on top is provided by a peak power of 134 bhp. The Hyundai Kona is also being appreciated for its ability to charge quickly. With the bundled 7kWh charger, the car can be charged in just 6 hours while a fast charge of 80% in just 57 minutes is possible with a DC fast charger.

2. Tata Tigor EV:

Priced between Rs. 9.99 to Rs. 10.9 lakh, this car is available in two variants including the Tigor EV XM and Tigor EV XT. It is also available in three different colours, namely, white, blue and silver. The car has a 72V, 3-Phase AC induction motor which powers it to achieve 41 PS and 105 Nm. In 12 seconds, this electric car can go up to 60kmph but its top speed is only 80kmph. However, its expected driving range is significant at 142 kms owing to its 16.2kWh battery. The battery does take up to 6 hours to be charged to 80% of its capacity by a normal charger, but the fast charger facilitates this in just 1.5 hours.

3. Mahindra eVerito:

The electric version of the four-door Verito has a 31KW motor and a 69-cell lithium-ion battery offering 13.91KWhr, at an ex-showroom price of Rs. 9.5-10 lakh. The more expensive variant has an 18.55 KWhr lithium-ion battery, which allows for a driving range of 140kms while the regular one only offers 110kms. The smaller battery can achieve full charge in 8.5 hours, while the bigger battery takes up to 11.5 hours. With the eVerito, Mahindra offers its ‘Revive’ feature wherein an additional 8km range can be provided if the car runs out of power mid-commute. The best car insurance in India also offers similar protection. Apply for car insurance on Finserv MARKETS and get access to 24×7 car roadside assistance wherein you can get help with just one phone call.

4. Mahindra e20 Plus:

This compact four-door electric hatchback is the direct successor to Reva-i and is powered by a 19KW motor and a 48-cell 11KWhr lithium-ion battery. This car has a driving range of 110kms with a single charge, while the top-end variant, which has a 15KWhr lithium-ion battery, can drive up to 140kms. With this car as well, Mahindra has provided its patented ‘Revive’ feature which offers an additional 5km range. The base variant of this electric car can be completely charged in 6 hours, while the top-end variant takes up to 7 hours and 20 minutes.

Electric cars in India are increasingly becoming prominent in the marketplace, with the government and even global authorities pushing for vehicles that do not pollute the environment. Even though Reena’s father was convinced by her argument, he suggested that they wait a few more months until the marketplace was more competitive. However, he did agree to apply for car insurance since his existing policy was close to expiring. The best car insurance in India, available on Finserv MARKETS, offers a range of benefits including cashless servicing across a network of more than 4,000 garages across the country. Along with the additional benefits he was getting, Reena’s father was glad that the entire process could be completed online in just 5 steps.

To know more on car insurance in depth, you can check out these blogs:

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.

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