Buy EV Car in ₹5 Lakh | EV Cars Under ₹5 Lakh in India (2025)

Introduction: EV Dreams on a Budget? Yes, It’s Possible!

Are you considering buying an electric car but worried about the high prices? You’re not alone. With rising fuel costs – petrol, diesel, and even CNG – more Indians are looking at EVs. But let’s be honest, most EVs seem out of reach, especially if your budget For EV cars under ₹5 lakh.

Worry not, this guide is for you. We’ve handpicked three smart, city-focused EVs that not only fit within a ₹5 lakh budget but also offer real-world usability, safety features, and futuristic tech.

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1. V Mobility Small EV – India’s First Solar Panel Electric Car

🔹 Overview

• Type: 3-Seater Compact EV
• Price: ₹3.25 lakh (ex-showroom)
• Launch: March 2025
• Available Colors: 6
• Ideal For: Daily city commute

🔋 Battery & Charging

• Battery: 18 kWh Lithium-ion
• Range: Up to 250 km on full charge
• Charging Options:
  • Fast Charging: 80% in 45 minutes
  • Normal Charging: Full charge in 5 hours
  • Solar Panel Charging: 150W panel charges up to 12 km daily under sunlight

⚙️ Performance

• Motor: 16 kW
• Power: 20 bhp
• Torque: 40 Nm

🛡️ Safety & Warranty

• Airbags: Single front
• Other Features: Tyre pressure monitor, reverse camera
• Warranty:
  • Car: 3 years / 80,000 km
  • Battery: 5 years / 1.2 lakh km
• Battery Replacement Cost (Post Warranty): ~₹1 lakh

📌 Note: Best for short city trips. Not suitable for highways or long-distance travel.

🔗 Related Blog: How to Make Car AC Colder in Summer

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2. MG Comet EV (Battery-as-a-Service Model)

🔹 Overview

• Type: 4-Seater Compact EV
• Price: ₹4.99 lakh (battery on rent)
• Available Colors: 6
• Ideal For: Urban families

🔋 Battery & Charging

• Battery: 17.3 kWh Lithium-ion
• Range: Up to 230 km
• Charging:
  • Standard Charger (3.3 kW): 7 hours
  • No Fast Charging Option
  • Battery Rental Rate: ₹2.9/km
  • Battery Ownership Option Price: ₹7.5 lakh (total)

⚙️ Performance

• Motor: 30 kW
• Power: 43 bhp
• Torque: 110 Nm

🛡️ Safety & Warranty

• Airbags: Dual Front
• Braking: ABS with EBD
• Tyre Pressure Monitoring: Yes
• Warranty:
  • Car: 3 years / 1 lakh km
  • Battery: 8 years / 1.2 lakh km
• Battery Replacement (if owned): ~₹20,000

📌 Rental Model Example:
Drive 100 km → Pay ₹290 (2.9/km) to MG

🔗 Learn More: Tips to Reduce Car Insurance Premium

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3. Strom Motors R3 – The Futuristic Indian EV

🔹 Overview

• Type: 2-Seater Compact EV with 300L boot
• Price: ₹4.5 lakh (ex-showroom)
• Available Colors: 4
• Ideal For: Solo or couple daily use

🔋 Battery & Charging

• Battery: 15 kWh Lithium-ion
• Range: Up to 200 km
• Charging:
  • Normal Charging: 3 hours
  • No Fast Charging Available

⚙️ Performance

• Motor: 15 kW
• Power: 20.1 bhp
• Torque: 90 Nm
• Top Speed: 80 km/h

🛡️ Safety & Warranty

• Airbags: Not specified
• Other Features: Small sunroof
• Warranty:
  • Car & Battery: 3 years / 1 lakh km
• Battery Replacement Cost (Post Warranty): ~₹2 lakh

📌 Launch: Available in select cities; pre-booking open

🔗 Related Read: Driving Mistakes That Reduce Mileage

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Final Thoughts: Which One Should You Choose?

All three EVs under ₹5 lakh are tailor-made for urban commuting, with low running costs and modern features. Here’s a quick comparison:

Car	Seating	Range	Charging Time	Price	Best For
V Mobility EV	3-Seater	250 km	45 min (fast)	₹3.25L	Budget buyers
MG Comet EV	4-Seater	230 km	7 hrs	₹4.99L (battery rental)	Small families
Strom R3	2-Seater	200 km	3 hrs	₹4.5L	Solo city users

If you’re price-conscious and need the cheapest option, V Mobility’s EV is unbeatable. Want something more refined with 4 seats? Then MG Comet EV on rental is a practical solution. For those who prefer futuristic design and better boot space, Strom R3 is worth a look.

FAQs – EV Cars Under ₹5 Lakh