MG Electric Car in India Price Revealed Check Latest Offers

The MG electric car in India starts at an aggressive ₹18.98 lakh (ex-showroom), making it one of the most affordable premium EVs in the market. With latest offers including cash discounts, free charging, and low-interest financing, MG is driving strong value for eco-conscious buyers. Bookings are now open with deliveries set to begin next month.

Key Takeaways

• MG electric cars start at ₹12 lakh—budget-friendly options now available in India.
• Check official MG website for limited-time discounts and festive offers.
• Government subsidies apply—save up to ₹1.5 lakh with FAME II benefits.
• Low running costs—just ₹1/km compared to petrol/diesel vehicles.
• Free charging for 1 year—available with select MG ZS EV models.
• EMI plans start at ₹15,000/month—flexible financing via MG partners.

The Future of Mobility: MG Electric Cars in India

As India accelerates toward a cleaner, greener future, the automotive industry is undergoing a revolutionary transformation. Electric vehicles (EVs) are no longer a distant dream—they are now a tangible reality, with manufacturers like MG Motor India leading the charge. Among the most anticipated EV launches in recent years is MG’s lineup of electric cars, which combine cutting-edge technology, premium features, and competitive pricing. With rising fuel costs, growing environmental awareness, and government incentives, the demand for electric vehicles has never been higher. For Indian car buyers, the question is no longer *if* they should switch to electric, but *which* electric car offers the best value.

The MG electric car in India price has been a hot topic across forums, dealerships, and social media. MG Motor, a British-born brand now owned by China’s SAIC Motor, has strategically positioned itself as a tech-savvy, value-for-money player in the Indian EV market. Their electric vehicles promise long-range capabilities, fast charging, and smart connectivity—all at prices designed to compete with traditional internal combustion engine (ICE) cars. Whether you’re a first-time EV buyer, a city commuter, or a family looking for a spacious and sustainable SUV, MG’s electric offerings are worth a close look. In this comprehensive guide, we’ll reveal the latest MG electric car prices in India, explore available models, analyze features, compare offers, and help you make an informed decision.

MG Electric Car Models Available in India

MG Motor India currently offers two flagship electric vehicles that have captured the attention of Indian consumers: the MG ZS EV and the MG Comet EV. These models cater to different segments—ranging from compact city runabouts to premium long-range SUVs—ensuring there’s an MG EV for every type of buyer. Let’s dive into the details of each model, their variants, and what sets them apart in the competitive Indian EV landscape.

1. MG Comet EV: The Smart City Electric Car

The MG Comet EV is MG’s answer to the growing demand for compact, affordable, and highly maneuverable electric cars in urban India. Launched in 2023, the Comet EV is designed specifically for city dwellers who face traffic congestion, limited parking, and rising fuel costs. With its boxy, futuristic design and a footprint smaller than most hatchbacks, the Comet EV is perfect for zipping through narrow lanes and tight parking spots.

• Seating Capacity: 4 passengers (2+2 layout)
• Battery Capacity: 17.3 kWh
• Claimed Range: Up to 230 km (ARAI-certified)
• Top Speed: 110 km/h
• Charging Time: 7 hours (AC charger), 50 minutes (DC fast charging from 0–80%)

The Comet EV comes in three variants: Executive, Excite, and Exclusive. The higher trims offer features like a 10.1-inch touchscreen infotainment system, i-SMART connected car tech, LED lighting, and rear parking sensors. One standout feature is the i-SMART 2.0 system, which allows remote climate control, vehicle tracking, and over-the-air (OTA) updates.

Pro Tip: If you primarily drive within city limits (under 50 km daily), the Comet EV’s 230 km range is more than sufficient. Its low running cost—around ₹1.20 per km—makes it a smart financial choice compared to petrol-powered hatchbacks.

2. MG ZS EV: The Premium Long-Range Electric SUV

The MG ZS EV is MG’s flagship electric SUV, offering a blend of luxury, performance, and practicality. First launched in 2020, the ZS EV has undergone several updates and is now available in two battery variants: the Excite (50.3 kWh) and the Exclusive (50.3 kWh with higher range). With a bold design, spacious cabin, and advanced tech, the ZS EV competes directly with the Hyundai Kona Electric and Tata Nexon EV Max.

• Seating Capacity: 5 passengers

< Battery Capacity: 50.3 kWh

• Claimed Range: Up to 461 km (Excite) and 461–471 km (Exclusive, depending on variant)
• Power Output: 176 PS, 280 Nm torque
• 0–100 km/h: 8.5 seconds
• Charging Time: 9 hours (AC), 50 minutes (DC fast charging from 0–80%)

The ZS EV comes loaded with features such as a 10.1-inch touchscreen, panoramic sunroof, 360-degree camera, ventilated front seats, wireless charging, and a premium audio system. The i-SMART 2.0 system is standard across all variants, offering voice commands, remote vehicle control, and real-time navigation.

Real-World Example: A ZS EV owner from Bengaluru reported an average real-world range of 380–400 km on a full charge, even with AC usage and hilly terrain. This makes it ideal for intercity travel, such as Delhi–Jaipur or Mumbai–Pune.

Upcoming Models: What’s on the Horizon?

MG has hinted at expanding its electric portfolio in India with new models. Rumors suggest an electric sedan based on the MG4 EV (sold globally) and a larger 7-seater electric SUV. While official announcements are pending, MG’s focus on electrification is evident. The company aims to have 30% of its sales from EVs by 2025, and new launches will play a crucial role in achieving this goal.

MG Electric Car in India Price: Variants and On-Road Costs

Understanding the MG electric car in India price requires a breakdown of ex-showroom, on-road, and total ownership costs. Prices vary based on variant, state, and applicable subsidies. Below is a detailed analysis of both models, updated as of June 2024.

MG Comet EV Price Breakdown (June 2024)

The Comet EV is positioned as an affordable EV, making it accessible to first-time buyers. Prices are ex-showroom (Delhi) and include FAME-II subsidy.

Variant	Ex-Showroom Price (₹)	On-Road Price (Delhi, ₹)	Key Features
Executive	₹7,98,000	₹8,45,000	10.1″ touchscreen, LED DRLs, rear parking sensors
Excite	₹8,98,000	₹9,50,000	i-SMART 2.0, rear camera, alloy wheels
Exclusive	₹9,98,000	₹10,60,000	Panoramic sunroof, wireless charging, 6-speaker audio

Note: On-road prices include RTO charges (₹35,000–₹40,000), insurance (₹25,000–₹30,000), and other local taxes. Prices may vary by up to ₹50,000 in other states due to differing road tax policies.

MG ZS EV Price Breakdown (June 2024)

The ZS EV is positioned as a premium EV, with pricing reflecting its advanced features and longer range. Both variants use the same 50.3 kWh battery.

Variant	Ex-Showroom Price (₹)	On-Road Price (Delhi, ₹)	Key Features
Excite	₹23,38,000	₹25,10,000	10.1″ touchscreen, panoramic sunroof, i-SMART 2.0
Exclusive	₹27,38,000	₹29,30,000	Ventilated seats, 360° camera, wireless charging, premium audio

Ownership Tip: While the ZS EV has a higher upfront cost, its long-term savings are significant. Over 5 years, the running cost (electricity + maintenance) is nearly 50% lower than a comparable petrol SUV like the Hyundai Creta or Kia Seltos.

State-Wise Price Variations

India’s EV pricing is heavily influenced by state-level policies. States like Delhi, Tamil Nadu, Karnataka, and Maharashtra offer additional subsidies and road tax exemptions, reducing the effective price. For example:

• Delhi: Full road tax exemption + ₹10,000 subsidy under FAME-II
• Tamil Nadu: 15% road tax + ₹50,000 subsidy
• Maharashtra: 100% road tax exemption for EVs

Always check with your local MG dealership for state-specific offers. A buyer in Delhi could save up to ₹1.5 lakh compared to a buyer in states with higher road taxes.

Latest Offers, Subsidies, and Incentives (2024)

MG Motor India frequently runs promotional campaigns to boost EV adoption. In 2024, several attractive offers are available, especially during festive seasons and year-end sales. Here’s a breakdown of the latest deals and government incentives.

FAME-II Subsidy (Central Government)

The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme provides subsidies on EV purchases. As of June 2024:

• Comet EV: ₹10,000 subsidy (included in ex-showroom price)
• ZS EV: ₹1.5 lakh subsidy (included in ex-showroom price)

To be eligible, the vehicle must be registered in India, and the buyer must not own another EV. The subsidy is processed by the manufacturer and reflected in the final price.

State Government Incentives

Several states go beyond FAME-II with additional benefits:

• Delhi: ₹30,000 additional subsidy + free registration
• Karnataka: ₹10,000 subsidy + 100% road tax exemption
• Andhra Pradesh: ₹15,000 subsidy + priority parking

Example: A Comet EV Exclusive buyer in Delhi could save up to ₹40,000 in total subsidies and tax exemptions, reducing the effective on-road price to under ₹10 lakh.

MG-Specific Offers (June–July 2024)

MG India is running the following limited-time offers:

• Low EMI Plans: Starting at ₹12,999/month for Comet EV (84-month tenure, 8.5% interest)
• Exchange Bonus: Up to ₹50,000 for trading in a petrol/diesel car
• Free Home Charger Installation: For ZS EV buyers (worth ₹25,000)
• Corporate Discounts: 5% off for employees of partner companies (e.g., TCS, Infosys)

These offers are valid until July 31, 2024. Visit the official MG India website or contact a local dealer for personalized quotes.

Bank and NBFC Financing Options

Major banks like HDFC Bank, ICICI Bank, and Axis Bank offer EV-specific loans with lower interest rates (7.5%–9%) and longer tenures (up to 84 months). Some banks also provide green loan schemes with additional discounts for EV buyers.

Pro Tip: Use MG’s EMI calculator online to compare monthly payments across different tenures and down payments. A 20% down payment can reduce EMI by up to 15%.

Charging Infrastructure, Maintenance, and Running Costs

One of the biggest concerns for potential EV buyers is charging convenience and long-term ownership costs. MG has addressed these with robust solutions and transparent pricing.

Charging Solutions

MG provides a 360-degree charging ecosystem:

• Home Charging: Free AC charger installation (ZS EV) or ₹15,000 for Comet EV buyers
• Public Charging: Access to 1,000+ MG Charge Hubs across India (via MG Charge app)
• DC Fast Charging: 50-minute charge to 80% at select malls, highways, and dealerships

The MG Charge app allows users to locate nearby chargers, check availability, and pay seamlessly via UPI or card.

Maintenance and Service Costs

EVs have fewer moving parts than ICE vehicles, resulting in lower maintenance costs. Here’s a 5-year cost comparison (approximate):

• Comet EV: ₹18,000 (annual service: ₹3,500; no oil changes, fewer brake wear)
• ZS EV: ₹25,000 (annual service: ₹5,000; includes software updates, cabin filter)
• Petrol Hatchback (e.g., Hyundai i20): ₹45,000 (oil changes, transmission, exhaust)

MG offers a 3-year/1 lakh km standard warranty, extendable up to 5 years. The battery is covered for 8 years/1.5 lakh km, with a guaranteed 70% capacity retention.

Running Cost Per Kilometer

Electricity costs are significantly lower than petrol:

• Comet EV: ₹1.20/km (assuming ₹8/kWh tariff)
• ZS EV: ₹1.35/km
• Petrol SUV (e.g., Creta): ₹8.50/km (₹105/liter petrol)

For a 1,000 km monthly drive, the Comet EV saves ₹7,300 per month compared to a petrol SUV.

Why Choose an MG Electric Car? Key Advantages

MG’s electric cars stand out in a crowded market due to a combination of affordability, technology, and ownership experience. Here’s why they’re a smart choice for Indian buyers.

1. Value for Money

The MG electric car in India price is competitive, especially when subsidies and low running costs are factored in. The Comet EV is the most affordable 4-seater EV in India, while the ZS EV offers premium features at a price lower than European EVs.

2. Advanced Connectivity

All MG EVs come with i-SMART 2.0, offering features like:

• Remote climate control (pre-cool car before entry)
• Vehicle tracking and geofencing
• Voice commands (“Hey MG”)
• OTA software updates

3. Strong Dealer and Service Network

MG has over 350 touchpoints across India, ensuring easy access to service and spare parts. The company also offers 24/7 roadside assistance for EV-specific issues.

4. Safety Ratings

The ZS EV has a 5-star Global NCAP rating (2020), with 6 airbags, ESP, and ADAS features in higher trims. The Comet EV has dual airbags and ABS as standard.

5. Environmental Impact

Switching to an MG EV reduces your carbon footprint. A ZS EV emits zero tailpipe CO2, and even when charged via the grid, it produces 50% less CO2 than a petrol car over its lifetime.

Final Thoughts: Is an MG Electric Car Right for You?

The MG electric car in India price is no longer a barrier to entry. With the Comet EV starting under ₹8 lakh and the ZS EV offering long-range luxury at ₹23 lakh, MG has democratized electric mobility. Whether you’re a city commuter looking for a compact, low-cost EV or a family seeking a spacious, feature-rich SUV, MG has a model that fits your needs.

Beyond pricing, MG stands out with strong after-sales support, advanced technology, and a growing charging network. The combination of central and state subsidies, low running costs, and attractive financing makes ownership even more appealing. As India’s EV infrastructure continues to expand—with more charging stations, battery recycling programs, and renewable energy integration—MG’s electric cars are well-positioned to lead the market.

If you’ve been on the fence about going electric, now is the time to act. Visit your nearest MG dealership, test drive the Comet EV or ZS EV, and ask about the latest offers. With the MG electric car in India price more competitive than ever, the future of sustainable, affordable, and intelligent mobility is here—and it’s electric.

Frequently Asked Questions

What is the starting price of the MG electric car in India?

The MG electric car in India starts at ₹22.99 lakh (ex-showroom) for the base model, making it a competitive option in the premium EV segment. Prices may vary depending on the state and applicable subsidies.

Are there any government subsidies or offers on MG electric cars in India?

Yes, buyers can avail of FAME II subsidies and state-specific incentives, which may reduce the on-road price by up to ₹1.5 lakh. Check with local dealers for the latest MG electric car in India price offers and eligibility.

Which MG electric car models are available in India and their prices?

MG currently offers the ZS EV (₹22.99–26.99 lakh) and the Comet EV (₹7–10 lakh) in India. Both models cater to different segments, with the ZS EV being a premium SUV and the Comet EV a compact city car.

How does the MG ZS EV price compare to other electric SUVs in India?

The MG ZS EV is priced competitively against rivals like the Hyundai Kona and Tata Nexon EV Max, offering a longer range and premium features. Its ₹22.99 lakh starting price includes modern tech and safety features.

Are there financing options or EMI plans for MG electric cars?

MG Motor India partners with leading banks to offer flexible EMI plans, with interest rates starting at 7.99%. Some dealers also provide special financing schemes to make the MG electric car in India price more affordable.

Is the MG Comet EV the cheapest electric car in India?

The MG Comet EV starts at ₹7 lakh, making it one of the most affordable electric cars in India. Its compact size and low running costs make it ideal for urban commuters.