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Major Indian EV Brands Slash Prices by Up to ₹10 Lakh This August

Manufacturers are cutting prices to clear dealer stock ahead of the festive buying spree under new government EV incentives.

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New Tata Curvv EV
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Overview

  • Almost all mainstream EV brands in India have rolled out discounts this August, spanning entry hatchbacks to premium SUVs.
  • Dealers of the facelifted Kia EV6 GT-Line AWD variant are offering savings of over ₹10 lakh.
  • Mahindra is discounting XUV400 MY2024 models by ₹2.5–3 lakh to move slow-selling inventory.
  • MG’s ZS EV and Comet EV qualify for up to ₹2.5 lakh and ₹60,000 in benefits respectively while the Citroën eC3 is marked down by up to ₹1.25 lakh.
  • Passenger EV sales grew 93% year-on-year to more than 15,000 units in July, encouraging automakers to sustain momentum through aggressive pricing.