Minus/plus icon
ResourcesExplore the full ACKO experience and make the most of your plan

Home / Car Insurance / Articles / 3 Affordable EVs Coming Sooner Than Expected!

3 Affordable EVs Coming Sooner Than Expected!

Team AckoFeb 16, 2024

The global market for electric vehicles (EVs) is steadily rising, with governments all over the globe favouring the EV industry through subsidies and regulations, and India is no exception. The prices of petrol and diesel are at an all-time high, and concerns about pollution are at their peak, with consumers resorting to alternatives for low-emission commuting. Since the per kilometre running cost of an EV is much lesser than fuel-driven vehicles, the savings outweigh the higher cost of the vehicle, making them rather appealing to consumers. All these factors combined, act in favour of EVs; and big names in the automobile sector are ready to launch a wide range of cars in the affordable electric segment.

Below is a snapshot of some economical EVs on the menu, ready to debut in the coming years.




Model Name

Expected Price (Approximately)


Rs 12 lakh to Rs 15 lakhs


Rs 23.75 lakhs onwards


Rs 8.25 lakhs

1. Tata Altroz EV

With Tata confirming that an electric variant of its premium hatchback, the Altroz, is in the works, there has been no shortage of excitement around it. Expected to be presented in a sporty teal blue hue with striking electric blue accents and dual ultra-slim led headlamps, this is a dynamic vehicle promising futuristic design and superior performance.

The cockpit is equipped with convenience features such as the floating 7-inch infotainment. The iRa-connected car technology allows for intuitive connectivity, while the dual airbags and ABS with EBD guarantee enhanced safety. 


  • Maximum Power: 129 PS

  • Battery Capacity: 30.3 kWh

  • Driving Range: 250-300 km

  • Seating Capacity: 5

  • Body Type: Hatchback

  • Charging time (0 to 80%): 60 minutes

  • Motor and Gearbox: Single-speed gearbox

  • Expected Launch Date: Feb 2023

  • Estimated Price: Rs 12 to Rs 15 lakhs

2. Hyundai Kona Electric EV

Hyundai pulled the covers off its facelift, the all-electric Kona, making a move into the affordable EV segment. The car is eye-catching with its boldly sculpted stance and boasts a 10.25 multimedia display compatible with Apple CarPlay and Android Auto for a seamless user experience.

It will likely feature six airbags, ISOFIX child mounts, ABS with EBD, Hill Assist, and Tire Pressure Monitoring to prioritise passenger safety.


  • Maximum Power: 64 kWh generates 204 PS, 39.2 kWh produces 136 PS

  • Maximum Torque: 395 Nm

  • Battery Capacity: 64 kWh and 39.2 kWh

  • Driving Range: 64 kWH- 484 km, 39.2 kWh- 300 km

  • Seating Capacity: 5

  • Body Type: SUV

  • Charging time (10 to 80%): 47 minutes with a 100 kW DC fast charger,

  • Expected Launch Date: Jan 15, 2023

  • Estimated Price: Rs 23.75 lakhs onwards

3. Mahindra eKUV 100 EV

The next venture from the house of Mahindra will launch as an all-electric, performance-oriented, premium hatchback replete with top-of-the-line car tech. Features probably to generate buzz are the cabin pre-cooling and location tracking, while the remote diagnostics and driver pattern monitoring will make for one thrilling drive.

Little else is known, but you can expect this to be a plush EV brimming with a mix of notable safety features.


  • Maximum Power: 54.4 PS

  • Maximum Torque: 120 Nm

  • Battery Capacity: 15.9 kWh

  • Driving Range: 147 km

  • Seating Capacity: 5

  • Body Type: SUV

  • Charging time (up to 80%): approximately 55 minutes with a fast charger and up to 6 hours with a regular one.

  • Expected Launch Date: Jan 16, 2023

  • Estimated Price: Rs 8.25 lakhs approximately

Why Is Obtaining Car Insurance A Must

Your car is a costly purchase, but the financial liabilities an unforeseen collision entails are pricier. Insurance should never be just a last-minute consideration. Cars and insurance go together, with the latter offering crucial financial security if your vehicle is involved in an unfortunate accident. At ACKO, we recognise this and provide various plans to meet all your car insurance needs. Clickhere to get one now! 

The Final Word

If you are anxious about the pollution from fuel-driven vehicles, EVs are the way to go as they offer a fetching alternative for pollution-free transport. With power-packed EVs by top automakers lined up to debut in the Indian market in the coming year, it is safe to say that EVs are the future of driving, and mobility is well-established. Choose sensibly among the upcoming models by reviewing and comparing specifications so you may opt for one that offers a sensational performance yet matches your budget.

Frequently asked questions

In this section, we will answer questions on the EVS coming sooner than expected


What does a car insurance premium mean?

To acquire insurance coverage, you must pay a certain amount to the insurance company. The premium may vary based on various factors such as your car make and model, city of residence, engine capacity, Insured Declared Value, etc.

Has a sunroof been added to the Tata Altroz EV?

No. Tata Motors' upcoming Altroz EV will not receive a sunroof.

Where can an EV be recharged?

Although most people charge their electric cars overnight in their garages, basement, or driveway, parking lots and shopping malls also provide public charging stations. The government is speeding up the deployment of PCS to enable EV owners to charge their cars with ease.

Do EVs emit less pollution than ICE cars do?

Particulate emissions, a primary cause of vehicle-based emissions, are caused by conventional vehicles that run on petrol/diesel and compressed natural gas (CNG). Vehicles powered by batteries emit no noise or tailpipe emissions.

What aspects should you take into account while choosing a car insurance policy?

The following are the criteria that assist in selecting the appropriate policy to meet your needs:

  • IDV (Insured Declared Value)

  • Add-on covers

  • No-claim bonuses

  • Cost of the Premium

  • Brand Value

Explore more:


Want to post any comments?


Upto 85% off on Car Insurance!

Buy or Renew Car Insurance in 2 Minutes ⚡

Car number

Looking to insure brand new car?

Zero commissions, big savings

quote icon

Get Quote

quote icon