Top Year-End Discounts on Popular Electric Vehicles in India

As 2024 comes to a close, the Indian electric vehicle (EV) market is buzzing with year-end deals. Despite a slight dip in EV passenger vehicle sales in November—8,596 units compared to 11,165 units in October—manufacturers and dealers are offering substantial discounts to boost sales. Here’s a roundup of some of the most attractive offers on mass-market electric cars and SUVs this December.

Tata Motors EV Discounts – Save Up to ₹3 Lakh

Tata Motors, known for its extensive EV lineup, is offering compelling discounts across its models this month:

  • Tiago EV and Tigor EV:
    • 2024 Models: Discounts and benefits of up to ₹1.15 lakh, including exchange bonuses for select variants.
    • 2023 Models: Higher discounts of around ₹2 lakh, with additional exchange bonuses of up to ₹1 lakh, depending on stock availability.
  • Punch EV:
    Discounts range from ₹25,000 for base variants to ₹70,000 for the top-end variant of the 2024 model year, including exchange bonuses on select trims.
  • Nexon EV:
    • 2024 Models: No official discounts, though some dealerships may provide benefits on unsold inventory.
    • 2023 Models: Discounts of up to ₹3 lakh on pre-facelift Nexon EV Prime and Max variants. Facelifted versions of the 2023 model are also available with discounts of around ₹2 lakh.

MG Motor EV Discounts – Save Up to ₹2.25 Lakh

MG Motor India is offering attractive deals on its electric vehicles this December:

  • MG Comet: Discounts of up to ₹75,000 are available at select dealerships, with higher offers possible in areas with larger inventories.
  • MG ZS EV: Benefits range from ₹1.5 lakh to ₹2.25 lakh, depending on stock levels.
  • MG Windsor EV: The recently launched model has no discounts at the moment.

Mahindra EV Discounts – Save Up to ₹3.10 Lakh

Mahindra’s XUV400, the brand’s sole electric SUV, comes with significant year-end benefits:

  • Discounts worth ₹3.10 lakh are available on both battery options, making it a more competitive choice against rivals like the Nexon EV and MG ZS EV.

Conclusion

If you’re considering an electric vehicle, now might be the perfect time to make your purchase. With significant discounts on both 2023 and 2024 models, these offers provide a great opportunity to embrace the future of mobility at a reduced cost. Visit your nearest dealership to check for additional benefits and inventory-specific deals.

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