MG Comet Electric Car Price Revealed Affordable EV Option

MG Comet Electric Car Price Revealed Affordable EV Option

MG Comet Electric Car Price Revealed Affordable EV Option

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The MG Comet electric car is now the most affordable EV in its segment, with prices starting at just ₹7.98 lakh (ex-showroom), making it a game-changer for budget-conscious buyers. With a compact design, 230 km range, and fast-charging capability, it delivers impressive value for urban commuters seeking a reliable and eco-friendly ride.

Key Takeaways

  • Affordable pricing: MG Comet starts at just ₹7.98 lakh, making it India’s most budget-friendly EV.
  • Low running costs: Saves up to ₹6,000/month compared to petrol cars on fuel.
  • Compact efficiency: Ideal for city commutes with a 230km range per charge.
  • Quick charging: 10-80% in 55 mins using DC fast charging—maximize daily usability.
  • Feature-packed: Includes 10.25″ touchscreen, connected car tech, and dual airbags.
  • Subsidy eligible: Save extra with government EV incentives—check state-specific schemes.

The Future of Urban Mobility: MG Comet Electric Car Price Revealed

Electric vehicles (EVs) are revolutionizing the way we think about transportation, especially in crowded urban environments where fuel efficiency, compact size, and low emissions are paramount. Amid a growing market of electric options, the MG Comet Electric Car has emerged as a game-changer—particularly for first-time EV buyers, city dwellers, and budget-conscious consumers. With its futuristic design, smart technology, and most importantly, an affordable price point, the MG Comet is redefining what an entry-level electric car can offer. The recent MG Comet Electric Car price reveal has sent ripples through the Indian and global EV markets, positioning it as one of the most accessible EVs in its segment.

MG Motor, a brand known for blending British heritage with modern innovation, has strategically entered the micro-EV segment with the Comet. Unlike larger electric SUVs and sedans that dominate headlines, the Comet targets a different audience: young professionals, college students, and urban commuters who need a reliable, stylish, and economical EV for daily city driving. The buzz around the MG Comet Electric Car price isn’t just about affordability—it’s about value. With government subsidies, low running costs, and minimal maintenance, the Comet promises to deliver long-term savings while reducing carbon footprints. In this comprehensive guide, we’ll explore the pricing structure, features, real-world performance, and how the Comet stacks up against competitors to help you decide if it’s the right EV for your lifestyle.

MG Comet Electric Car Price: Breaking Down the Cost

One of the most talked-about aspects of the MG Comet is its competitive pricing strategy. Launched in India in early 2023, the Comet was introduced with a base price that immediately captured attention—starting at ₹7.98 lakh (ex-showroom). This price point makes it one of the most affordable electric cars in the country, especially when compared to rivals like the Tata Tiago EV and Citroën eC3. But the MG Comet Electric Car price isn’t just about the sticker number; it’s about what’s included, what’s optional, and how government incentives can further reduce your effective cost.

MG Comet Electric Car Price Revealed Affordable EV Option

Visual guide about mg comet electric car price

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Ex-Showroom vs. On-Road Price: What You Need to Know

The ex-showroom price of ₹7.98 lakh covers the base model (Excite variant) before taxes, registration, insurance, and delivery charges. However, the on-road price—what you actually pay—varies by city and state due to differences in road tax, insurance premiums, and local EV incentives. For example:

  • Delhi: On-road price ≈ ₹8.45 lakh (due to 12% road tax, but eligible for ₹50,000 state subsidy)
  • Maharashtra: On-road price ≈ ₹8.75 lakh (14% road tax, no state subsidy)
  • Karnataka: On-road price ≈ ₹8.60 lakh (13% road tax, ₹20,000 state subsidy)
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To calculate your on-road cost, use the formula:
On-Road Price = Ex-Showroom Price + Road Tax + Insurance + Registration + Handling Fees ± State Subsidy

Variant-Wise Pricing and Features

The MG Comet is offered in three variants: Excite, Exclusive, and Exclusive (O). Each tier adds more features, with a corresponding price increase:

  • Excite (₹7.98 lakh): Basic infotainment, manual AC, halogen headlamps, 12-inch steel wheels
  • Exclusive (₹9.28 lakh): Touchscreen, rear parking camera, LED DRLs, 14-inch alloy wheels, keyless entry
  • Exclusive (O) (₹9.98 lakh): Adds wireless charging, rear wiper, auto headlamps, and connected car tech

Pro Tip: If you plan to use the car primarily for city commutes under 50 km/day, the base Excite model offers the best value. But if you want comfort and convenience features, the Exclusive (O) justifies the ₹2 lakh premium with its added tech and safety.

Government Subsidies and Incentives

India’s FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme offers a subsidy of up to ₹1.5 lakh for electric four-wheelers. The MG Comet qualifies for this, reducing the effective ex-showroom price to ₹6.48 lakh in eligible states. Additionally, many states provide extra incentives:

  • Delhi: ₹50,000 additional subsidy + 100% road tax exemption
  • Tamil Nadu: ₹25,000 subsidy + free registration
  • Telangana: 100% road tax exemption for first-time EV buyers

Always check your state’s EV policy before finalizing your purchase to maximize savings.

Key Features and Specifications of the MG Comet

The MG Comet Electric Car isn’t just about low price—it’s packed with features that punch above its weight class. From smart tech to safety and comfort, MG has ensured that the Comet doesn’t feel like a “cheap” EV. Here’s a detailed look at what you get for your money.

Performance and Battery Specs

The Comet is powered by a 17.3 kWh lithium-ion battery paired with a 41.42 bhp electric motor. Key performance highlights include:

  • Range: 230 km (ARAI-certified) on a full charge
  • Top Speed: 105 km/h (ideal for city and highway use)
  • Charging Time:
    • 0-100% with 3.3 kW AC charger: 7 hours
    • 0-80% with 7.4 kW DC fast charger: 55 minutes
  • Regenerative Braking: 3-level system to extend range

For a micro-EV, these specs are impressive. The 230 km range is sufficient for a week’s worth of city commuting (assuming 30-40 km/day), and the fast charging option ensures you’re never stranded.

Interior and Technology

Step inside the Comet, and you’re greeted with a surprisingly premium cabin. Highlights include:

  • 10.1-inch Touchscreen: Supports Apple CarPlay, Android Auto, and MG’s i-SMART connected car system
  • Digital Instrument Cluster: Displays battery status, range, and navigation
  • Wireless Charging (Exclusive O): Convenient for smartphones
  • Auto Climate Control (Exclusive variants): Maintains cabin temperature efficiently
  • Connected Car Features: Remote AC, geofencing, vehicle tracking, and OTA updates

The cabin uses soft-touch materials, and the minimalist dashboard design gives it a modern, clutter-free look—uncommon in this price segment.

Safety and Build Quality

Safety is often a concern with budget EVs, but the Comet delivers with:

  • Dual Airbags: Standard across all variants
  • ABS with EBD: Prevents wheel lock during braking
  • Reverse Parking Camera: Standard in Exclusive and above
  • Hill-Hold Assist: Prevents rollback on inclines
  • ISOFIX Child Seat Anchors: Essential for families

The body uses high-strength steel, and the battery is IP67-rated (dust and water-resistant), ensuring durability in Indian weather conditions.

Running Costs and Ownership Benefits

One of the biggest advantages of the MG Comet Electric Car is its ultra-low running cost. Unlike petrol cars that guzzle fuel, EVs offer significant savings in daily operations. Let’s break down the numbers to show why the Comet is a smart financial choice.

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Fuel vs. Electricity: A Cost Comparison

Assume an average driving pattern of 40 km/day (14,600 km/year):

  • Petrol Car (e.g., Maruti Swift):
    • Fuel Cost: ₹100/km (petrol price: ₹100/liter)
    • Annual Fuel Cost: ₹1,46,000
  • MG Comet:
    • Electricity Cost: ₹1.2/km (assuming ₹8/unit and 7 km/kWh efficiency)
    • Annual Electricity Cost: ₹17,520
    • Savings: ₹1,28,480 per year

Over 5 years, the Comet saves you nearly ₹6.42 lakh in fuel costs alone—more than its initial price difference compared to a petrol car.

Maintenance and Service

EVs have fewer moving parts, leading to lower maintenance costs:

  • Petrol Car: ₹15,000–20,000/year (oil changes, filters, spark plugs, etc.)
  • MG Comet: ₹5,000–7,000/year (mainly tire rotations, brake checks, and cabin filters)
  • MG’s Service Packages: 3-year/1,00,000 km warranty, with optional extended plans at ₹1,500/year

MG also offers free roadside assistance and battery warranty for 8 years/1,20,000 km—giving you peace of mind.

Resale Value and Depreciation

Electric cars traditionally had lower resale value, but the Comet’s strong demand and MG’s brand reputation are changing that. Early resale data shows:

  • After 3 years: 60-65% of original value (vs. 50-55% for petrol cars)
  • After 5 years: 50-55% (vs. 40-45% for petrol)

Factors boosting resale: rising EV adoption, low running costs, and MG’s growing service network.

MG Comet vs. Competitors: How It Stacks Up

The MG Comet Electric Car enters a competitive segment with rivals like the Tata Tiago EV, Citroën eC3, and Mahindra eKUV100. Let’s see how it compares on price, features, and value.

Price Comparison Table

Model Ex-Showroom Price (₹) Range (km) Key Features
MG Comet (Excite) 7.98 lakh 230 Touchscreen, dual airbags, i-SMART
Tata Tiago EV (XE) 8.49 lakh 250 10.25″ screen, 4-star safety, fast charging
Citroën eC3 (Live) 11.99 lakh 320 10.2″ screen, 15″ alloys, 5-star safety
Mahindra eKUV100 8.25 lakh 147 Basic infotainment, no fast charging

Value for Money Analysis

  • MG Comet: Best for budget buyers who want smart tech and decent range. The lowest entry price and strong feature set make it a value champion.
  • Tata Tiago EV: Slightly pricier but offers better safety (4-star Global NCAP) and marginally more range. Ideal for families.
  • Citroën eC3: Premium pricing but with superior range, comfort, and safety. Best for those who prioritize space and long drives.
  • Mahindra eKUV100: Affordable but lacks modern features and fast charging. Outdated tech.

Verdict: The Comet wins for urban commuters and first-time EV buyers. It’s the most feature-rich EV under ₹8 lakh.

Who Should Choose the Comet?

  • City dwellers: Compact size (3.1m length) makes it easy to park
  • Young professionals: Stylish design and tech appeal to millennials
  • Second car buyers: Perfect for school runs and weekend errands
  • Environmentally conscious users: Zero tailpipe emissions

Charging Infrastructure and Practical Ownership Tips

Owning an EV isn’t just about buying the car—it’s about understanding charging logistics, daily usage, and long-term care. The MG Comet Electric Car is designed for practicality, but smart ownership habits maximize its benefits.

Home Charging: The Most Convenient Option

For 90% of owners, home charging is the primary method. Here’s how to set it up:

  • Wall-Mounted AC Charger: MG provides a 3.3 kW unit free with purchase. Installation cost: ₹5,000–8,000 (depends on wiring)
  • Charging Time: 7 hours (overnight charging is ideal)
  • Power Requirements: 15A socket, dedicated circuit (avoid extension cords)

Pro Tip: Install a timer to charge during off-peak hours (10 PM–6 AM) when electricity rates are 30-40% cheaper in many states.

Public Charging and Fast Charging

MG has partnered with Fortum and ChargeZone to provide access to 500+ public chargers in India. The Comet’s DC fast charging (7.4 kW) is a game-changer:

  • 55 minutes for 80% charge at a fast charger
  • Cost: ₹15–20/kWh (vs. ₹8 at home)
  • Best Use: Highway trips, emergencies, or when you’re low on battery
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Use apps like PlugShare or EV Plugs to locate nearby chargers and check availability.

Ownership Tips for Maximum Savings

  • Drive Smart: Use Eco mode and regenerative braking to extend range by 10-15%
  • Precondition the Cabin: Use the app to cool/heat the car while it’s charging (uses grid power, not battery)
  • Regular Updates: Keep the i-SMART system updated for new features and bug fixes
  • Battery Care: Avoid frequent 0-100% charging; aim for 20-80% for longevity

Conclusion: Is the MG Comet the Right EV for You?

The MG Comet Electric Car price revelation marks a turning point in India’s EV revolution. Priced at just ₹7.98 lakh (ex-showroom), it offers an unbeatable combination of affordability, smart technology, and urban practicality. Whether you’re a first-time car buyer, a city commuter, or someone looking to reduce fuel costs, the Comet delivers where it matters—value, efficiency, and peace of mind.

With a 230 km range, fast charging capability, and MG’s connected car tech, the Comet doesn’t feel like a compromise. It’s a fully featured EV that competes with cars twice its price. Add in government subsidies, ultra-low running costs, and a growing charging network, and the financial case becomes even stronger. Over five years, you could save over ₹7 lakh in fuel and maintenance alone—money that can go toward your next vacation, home improvement, or savings.

Of course, the Comet isn’t for everyone. If you need a family car with 5 seats, a large boot, or frequent highway drives, larger EVs like the Tata Nexon EV or Hyundai Kona might be better. But for urban mobility, short commutes, and budget-conscious buyers, the MG Comet is a no-brainer. It proves that going electric doesn’t have to break the bank—and that the future of affordable, sustainable transportation is already here.

Frequently Asked Questions

What is the starting price of the MG Comet electric car?

The MG Comet EV starts at an affordable price of ₹7.98 lakh (ex-showroom) in India, making it one of the most budget-friendly electric cars in its segment. This competitive pricing positions it as a strong contender for urban commuters seeking an eco-friendly option.

Does the MG Comet electric car price vary by variant?

Yes, the MG Comet electric car price ranges from ₹7.98 lakh to ₹9.98 lakh (ex-showroom) depending on the trim level and battery pack options. Higher variants offer additional features like enhanced infotainment and safety tech.

Is the MG Comet EV eligible for government subsidies?

Yes, the MG Comet qualifies for FAME-II and state-level EV subsidies, which can reduce the on-road price by up to ₹1.5 lakh. Buyers should check local incentives to maximize savings on this affordable electric car.

How does the MG Comet’s price compare to other small EVs?

The MG Comet electric car price undercuts rivals like the Tata Tiago EV and Citroën eC3 by ₹1-3 lakh, offering a compelling value proposition. Its compact size and low running costs make it ideal for city driving.

What financing options are available for the MG Comet?

MG offers flexible EMI plans starting at ₹9,999/month with low down payments and long tenures up to 7 years. Many banks also provide special EV loan rates, making the Comet even more accessible.

Does the MG Comet price include charging infrastructure?

The MG Comet electric car price includes a 3.3kW portable charger, but home wallbox installation costs extra (₹20,000-50,000). MG provides support for setting up charging solutions at your residence.

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