SUV Market: Upcoming Electric Cars under Budget of 15 Lakhs

Upcoming Electric Cars Under 15 Lakh: Electric cars are still costlier than petrol-diesel cars. However, 2022 has proved to be a good year for EV manufacturers in India.

Tata Motors has over 80 per cent stake in the passenger electric car segment.

Now many affordable new electric cars are going to come on the market.

Let us tell you about three electric cars which can be launched in 2023 for less than Rs 15 lakh.

Tata Punch EV

After introducing the Tiago EV, Tata Motors is now preparing to introduce the electric version of the punch micro SUV by the 2023 festive season.

It can be introduced at the 2023 Auto Expo, and its production can start around June.

The electric mini SUV will be designed on the Gen 2 (SIGMA) platform, a modified version of the ALFA architecture on which the Punch and Altroz are based.

Tata Punch EV can get a powertrain with Nexon EV and Tigor EV.

It can be brought in two battery pack options – 26kWh (borrowed from Tiago EV) and 30.2kWh (borrowed from Nexon EV).

The price of Punch EV is expected to be between Rs. 10 lahks to Rs. 14 lahks approximately.

CITROEN EC3

French automaker Citroën has confirmed that the new e-C3 will feature LFP (Lithium Iron Phosphate) cells, which will be sourced from Svolt Energy.

It will be powered by a 30.2kWh battery pack and a front-axle mounted electric motor, producing 84bhp power and 143Nm torque.

It can give a real-world range of around 200-250 km on a single full charge.

It will rival the upcoming Tata Punch EV. Its price is expected to be between Rs. 11 lahks to Rs. 15 lahks.

MG AIR EV

The MG Air EV will be debuted at the 2023 Auto Expo. This will be the smallest car from the brand in the Indian market. Its price will be less than Rs 15 lakh.

Its production version may come in March 2023. A battery pack between 20kWh–25kWh can be given in an EV.

It can offer a range of around 150 km. It will be based on the brand-new Global Small Electric Vehicles (GSEV) platform.

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