Massive year-end discounts on EVs in India: Check offers
As we prepare to wrap up 2023, electric vehicle (EV) manufacturers in India are rolling out impressive discounts on their models.
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Mahindra XUV400's EL trim steals the spotlight with a whopping discount of up to Rs. 4.2 lakh.
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Other popular EVs, like the MG ZS EV and Tata Tigor EV, are also offered with enticing deals, depending on stock availability, dealer, and location.
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The MG ZS EV comes with a cash discount of up to Rs. 50,000, an exchange bonus of Rs. 50,000, and additional corporate and loyalty bonuses.
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Moreover, MG Motor's entry-level Comet EV includes a loyalty bonus of Rs. 20,000, a corporate discount of Rs. 5,000, and first-year insurance.
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The Tata Tigor.ev features dealer-end discounts on select trims, based on stock availability and location.
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India's passenger BEV (Battery Electric Vehicles) market is poised for significant growth in the next two to three years as major automakers introduce new models.
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Brands like Maruti Suzuki, Hyundai, Kia Motors, Toyota, Tata Motors, Mahindra, and Honda plan to launch all-electric SUVs targeting the midsize segment.
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In 2024, Tata's Curvv EV and Mahindra's XUV.e8 are set to hit the market, while Maruti Suzuki eVX and its Toyota counterpart are scheduled to arrive by 2025.