Electric cars are becoming more popular and affordable in India, thanks to the government’s incentives, environmental awareness, and technological advancements. Electric cars offer many benefits, such as zero tailpipe emissions, low running costs, smooth and silent performance, and smart features. If you are looking for an electric car that fits your budget and lifestyle, here are some of the best options that you can buy in India under 5 lakhs in 2023.
Cars | Price | Range |
---|---|---|
Strom Motors R3 | Rs 4.5 lakh | 200km |
Tata Nano Electric | Rs 2.5 lakh (Estimated) | 200km |
PMV EaS E | Rs 4 to 5 lakh | 160km |
Mahindra Reva I | Rs 2.88 Lakh | 80km or 120km |
GWM R1 | Rs 4.50 lakh | 351km |
Renault K ZE | Rs 6 lakh | 271km |
Tata Tiago EV | Rs 8.69 lakh | 315km |
1. Strom Motors R3

Price: Rs 4.5 lakh
Strom Motors R3 is a futuristic and stylish electric car that is designed and made in India it rank No1 in Affordable Electric Cars in India Under 5 Lakhs. It is a two-seater hatchback that has a unique three-wheeled configuration and a closed cockpit with gull-wing doors. The R3 is powered by a 48-volt electric system, with the electric motor rated at 15kW (20.4PS) and 90Nm. It has a range of 200km on a single charge and can be charged in three hours using a standard socket. The R3 comes with an impressive array of features, such as a digital dashboard, a 7-inch touchscreen infotainment system, voice and gesture commands, climate control, GPS navigation, and a PM2.5 air quality sensor. R3 is expected to be priced at Rs 4.5 lakh (ex-showroom) in 2023.
Strom Motors R3 Specifications
Strom Motors R3 |
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Type: Electric hatchback |
Seating capacity: 2 |
Wheel configuration: 3 wheels (1 front, 2 rear) |
Dimensions (LxWxH): 2900mm x 1450mm x 1575mm |
Electric motor power: 15kW (20.4PS) |
Electric motor torque: 90Nm |
Battery type: Lithium-ion |
Battery capacity: N/A |
Range: 200km |
Charging time: 3 hours |
Features: Digital dashboard, Touchscreen infotainment system, Voice and gesture commands, Climate control, GPS navigation, PM2.5 air quality sensor |
2. Tata Nano Electric

Price: Rs 2.5 lakh (Estimated)
Tata Nano Electric is the electric version of the iconic Nano hatchback, which was once touted as the world’s cheapest car. The Nano Electric is expected to be launched in late 2023 or early 2024, with a price tag of around Rs 2.5 lakh (ex-showroom). The Nano Electric will have a similar design and dimensions as the regular Nano, but with some cosmetic changes and electric-blue accents. Nano Electric will be powered by a permanent magnet synchronous motor that develops 47bhp and 125Nm of torque. Electric motor will be paired with a 33kWh battery pack that offers a range of 200km on a single charge under the NEDC cycle. Nano Electric will also support fast charging, which can charge the battery from 10 to 80 per cent in 40 minutes. This one is best upcoming electric car under 5 lakh.
Tata Nano Electric Specifications
Tata Nano Electric |
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Type: Electric hatchback |
Seating capacity: 4 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 3099mm x 1495mm x 1652mm |
Electric motor power: 35kW (47bhp) |
Electric motor torque: 125Nm |
Battery type: Lithium-ion |
Battery capacity: 33kWh |
Range: 200km |
Charging time: 6 hours or 40 minutes respectively |
Features: Electric-blue accents, Touchscreen infotainment system, Dual instrument console display, Rear camera with parking sensor |
3. PMV EaS E

Price: Rs 4 to 5 lakh
PMV EaS E is a fully electric two-seater smart microcar that is developed by an Indian startup called PMV Electric. The EaS E is a compact and cute car that has a simple and elegant design. This EaS E is powered by a 10kWh lithium-ion battery pack that drives an electric motor with an output of 13.41bhp and 110Nm of torque. The EaS E has a range of 160km on a single charge and can be charged in four hours using a standard socket. EaS E comes with basic features, such as power windows, digital instrument cluster, LED headlamps, and rear parking sensors. The EaS E is expected to be priced at Rs 4 to 5 lakh (ex-showroom) in 2023. This car is one of the best option of you are looking for Electric car under 5 lakh in India.
PMV EaS E Specifications
PMV EaS E |
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Type: Electric microcar |
Seating capacity: 2 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 2500mm x 1300mm x 1500mm |
Electric motor power: 10kW (13.41bhp) |
Electric motor torque: 110Nm |
Battery type: Lithium-ion |
Battery capacity: 10kWh |
Range: 160km |
Charging time: 4 hours |
Features: Power windows, Digital instrument cluster, LED headlamps, Rear parking sensors |
4. Mahindra Reva I

Price: Rs 2.88 Lakh
Mahindra Reva I is one of the oldest and most popular electric cars in India. It was launched in 2001 as the Reva Electric Car Company (RECC) and later acquired by Mahindra in 2010. The Reva I is a small three-door hatchback that measures 2.6m long, 1.3m wide, and 1.5m high. Reva I can accommodate two adults in the front and two children in the rear. The Reva I is powered by an electric motor that produces 17.4bhp and 52Nm of torque. The Reva I has two battery options: lead-acid or lithium-ion, which offer ranges of 80km or 120km respectively on a single charge. The Reva I can be charged in six hours using a standard socket or in one hour using a fast charger.
Mahindra Reva I Specifications
Mahindra Reva I |
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Type: Electric hatchback |
Seating capacity: 2+2 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 2638mm x 1324mm x 1515mm |
Electric motor power: 13kW (17.4bhp) |
Electric motor torque: 52Nm |
Battery type: Lead-acid or lithium-ion |
Battery capacity: N/A or N/A respectively |
Range: 80km or 120km respectively |
Charging time: 6 hours or 1 hour respectively |
Also Read: 5 Bеst Affordable Elеctric Cars undеr 5 Lakhs in India 2023
5. GWM R1

Price: Rs 4.50 lakh
GWM R1 is an electric car that is inspired by the Ora R1 model from Great Wall Motors (GWM), a Chinese automaker that entered the Indian market at the Auto Expo 2020. The GWM R1 has a charming and retro design with a circular theme, as seen in its LED headlamps and taillamps, grille, and wheels. GWM R1 has a spacious and modern interior with a touchscreen infotainment system, a dual instrument console display, and a rear camera with parking sensor. The GWM R1 is built on the ME platform, which is a dedicated electric platform that offers high safety, intelligent connectivity, and lightweight construction. This GWM R1 is powered by a permanent magnet synchronous motor that generates 47bhp and 125Nm of torque. The electric motor is connected to a 33kWh lithium-ion battery pack that provides a range of 351km on a single charge under the NEDC cycle. If you like its features you can consider buying this car this electric car also comes under 5 lakh in India.
GWM R1 Specifications
GWM R1 |
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Type: Electric hatchback |
Seating capacity: 4 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 3495mm x 1660mm x 1560mm |
Electric motor power: 35kW (47bhp) |
Electric motor torque: 125Nm |
Battery type: Lithium-ion |
Battery capacity: 33kWh |
Range: 351km |
Charging time: N/A |
Features: Circular LED headlamps and taillamps, Touchscreen infotainment system, Dual instrument console display, Rear camera with parking sensor, ME platform |
6. Renault K ZE

Price: Rs 6 lakh
The Renault K ZE is the electric version of the Renault Kwid, which is a popular entry-level hatchback in India. It rank 6th in this list electric car under 5 lakhs. This K ZE was showcased at the Auto Expo 2020 and is expected to be launched in 2023, with a price range of Rs 5 to 6 lakh (ex-showroom). The K ZE has a similar design and features as the Kwid, but with some EV-specific elements, such as blue accents, LED DRLs, and a digital instrument cluster. It is powered by a permanent magnet synchronous motor that delivers 47bhp and 125Nm of torque. And this electric motor is coupled with a 26.8kWh lithium-ion battery pack that offers a range of 271km on a single charge under the NEDC cycle. K ZE supports both AC and DC fast charging, which can charge the battery from 0 to 80 per cent in 50 minutes.
Renault K ZE Specifications
Renault K ZE |
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Type: Electric hatchback |
Seating capacity: 4 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 3679mm x 1579mm x 1513mm |
Electric motor power: 35kW (47bhp) |
Electric motor torque: 125Nm |
Battery type: Lithium-ion |
Battery capacity: 26.8kWh |
Range: 271km |
Charging time: 4 hours or 50 minutes respectively |
Features: Blue accents, LED DRLs, Digital instrument cluster, Touchscreen infotainment system, Rear parking camera |
7. Tata Tiago EV

Price: Rs 8.69 lakh
Last but Not the List Tata Tiago EV is the electric version of the Tata Tiago, which is a popular and affordable hatchback in India. The Tiago EV was launched in September 2022, with a starting price of Rs 8.69 lakh (ex-showroom). Tiago EV has a similar design and dimensions as the regular Tiago, but with some cosmetic changes and EV-specific features, such as blue highlights, TPMS, and an 8-speaker Harman sound system. The Tiago EV is powered by a permanent magnet synchronous motor that produces 73.75bhp and 114Nm of torque. The electric motor is paired with a 24kWh lithium-ion battery pack that offers a range of 315km on a single charge under the ARAI cycle. The Tiago EV supports both AC and DC fast charging, which can charge the battery from 10 to 80 per cent in 58 minutes.
Tata Tiago EV Specifications
Tata Tiago EV |
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Type: Electric hatchback |
Seating capacity: 5 |
Wheel configuration: 4 wheels (2 front, 2 rear) |
Dimensions (LxWxH): 3765mm x 1677mm x 1535mm |
Electric motor power: 55kW (73.75bhp) |
Electric motor torque: 114Nm |
Battery type: Lithium-ion |
Battery capacity: 24kWh |
Range: 315km |
Charging time: 8 hours or 58 minutes respectively |
Features: Blue highlights, TPMS, 8-speaker Harman sound system, Touchscreen infotainment system, Rear parking camera |
Final Words
Electric cars are becoming more accessible and attractive for Indian buyers who want to save money on fuel and maintenance costs and contribute to environmental sustainability. There are many options available in the market under Rs 5 lakh that offer decent performance, range, features, and design. Some of the best electric cars in India under Rs 5 lakh in 2023 are Strom Motors R3, Tata Nano Electric, PMV EaS E, Mahindra Reva I, GWM R1, and Renault K ZE. These cars cater to different segments and preferences of the customers and provide a hassle-free and enjoyable driving experience. Tata Tiago EV is another electric car that is slightly above the Rs 5 lakh mark, but offers more power, range, and features than the others. Electric cars are the future of mobility and India is ready to embrace them with open arms.