Highest year end discounts on EVs — Save up to Rs 3 lakh this month!
- 1Mahindra XUV400 EV is available with discounts of up to Rs 3 lakh
- 2Nexon EV Facelift model is available with discounts of up to Rs 2 lakh
- 3These offers are valid for a limited time only, until the end of this month
- Tata Punch EV offers in December 2024 — Up to Rs 70,000
- MG Comet EV discounts in December — Up to Rs 75,000
- Year end 2024 offers on Hyundai Kona EV — Up to Rs 2 lakh
- Year end discounts on Hyundai Ioniq 5 EV — Up to Rs 2 lakh
- MG ZS EV December discounts — Up to Rs 2.35 lakh
- Year end 2024 offers Tata Tiago & Tigor EV — Up to Rs 3 lakh
- Year end discounts on Tata Nexon EV — Up to Rs 3 lakh
- Latest offers on Mahindra XUV400 EV — Up to Rs 3 lakh
If you're an EV buyer who doesn’t want to wait for the January 2025 car discounts, when prices might increase compared to now, this is the right time to act. At the moment, EV prices are still set at regular ex-showroom rates, and there are significant year-end offers on EVs available.
if you’re aiming for more than just small savings and want to maximize the highest discounts, carmakers like Tata, Hyundai, Mahindra, and MG are offering benefits ranging from up to Rs 70,000 to Rs 3 lakh. It’s worth noting that these offers are for a limited time and may vary across variants. Let’s take a closer look at the highest year-end discounts on EVs currently available.
Tata Punch EV offers in December 2024 — Up to Rs 70,000
Tata Punch EV | Cash | Exchange/ Scrapping | Total |
25kWh MR 3.3kW (Smart, Smart Plus) | 20,000 | 20,000 | 40,000 |
25kWh MR 3.3kW (All Other Variants) | 30,000 | 20,000 | 50,000 |
35kWh LR 3.3kW (All Variants) | 30,000 | 20,000 | 50,000 |
35kWh LR 7.2kW (All Variants) | 50,000 | 20,000 | 70,000 |
The latest discounts on Tata Punch EV apply to both its MR and LR variants. The MR variant comes with discounts of up to Rs 50,000, while the LR variant offers discounts reaching up to Rs 70,000. However, buyers can only avail of either the exchange or scrappage offer, not both.
MG Comet EV discounts in December — Up to Rs 75,000
The year-end offers on MG Comet EV reach up to Rs 75,000. This includes various benefits like cash discounts, loyalty bonuses, and more. Depending on the available stock at dealerships, the discount amount might increase for some buyers.
Year end 2024 offers on Hyundai Kona EV — Up to Rs 2 lakh
Model | Cash Discount |
Kona EV | 2,00,000 |
The year-end offers on the Hyundai Kona EV are available at around Rs 2 lakh. While this model is no longer listed on the official Hyundai website, there is still a significant inventory of this model available at dealerships.
Also Read: Highest year-end discounts on cars under 25 lakh — All details inside!
Year end discounts on Hyundai Ioniq 5 EV — Up to Rs 2 lakh
Model | Cash Discount |
Ioniq 5 EV | 2,00,000 |
Similar to the Hyundai Kona EV, the December offers on the Hyundai Ioniq 5 EV go up to Rs 2 lakh. Those interested can check with their nearest dealership to find out if additional offers are available
MG ZS EV December discounts — Up to Rs 2.35 lakh
ZS EV | Cash | Exchange | Loyalty | Corporate | Total |
Executive | 75,000 | 50,000 | 20,000 | 15,000 | 1,60,000 |
Excite Pro, Green | 50,000 | 1,00,000 | 20,000 | 15,000 | 1,85,000 |
Exclusive Plus, Essence | 50,000 | 1,50,000 | 20,000 | 15,000 | 2,35,000 |
The year-end offers on MG ZS EV include up to Rs 75,000 as a cash discount, up to Rs 1.50 lakh as an exchange bonus, up to Rs 20,000 as a loyalty bonus, and up to Rs 15,000 as a corporate offer. Altogether, the discount on MG ZS EV amounts to Rs 2.35 lakh.
Year end 2024 offers Tata Tiago & Tigor EV — Up to Rs 3 lakh
Model | Benefit | Exchange Bonus |
MY24 Tiago EV | up to Rs 1.15 lakh | - |
MY23 Tigor & Tiago EV | up to Rs 2 lakh | up to Rs 1 lakh |
The latest December discounts on Tata Tiago EV for the 2024 model year go up to Rs 1.15 lakh. If you’re interested in the Tata Tigor EV, the 2023 model year gets discounts of up to Rs 2 lakh, including similar offers on the MY23 Tiago EV. These discounts may also vary based on the variant and stock availability. Additionally, there’s an exchange bonus of up to Rs 1 lakh on the MY23 Tata Tiago and Tigor EVs, making it an even higher deal.
Year end discounts on Tata Nexon EV — Up to Rs 3 lakh
Tata Nexon EV | Benefit | |
MY23 Nexon EV | Pre-facelift | up to 3 lakh |
MY23 Nexon EV | Facelift | up to 2 lakh |
For those eyeing the Tata Nexon EV, there’s a hefty discount of up to Rs 3 lakh on the MY23 pre-facelift model. If you prefer the facelifted version, the offers on Tata Nexon EV facelift for the 2023 model year go up to Rs 2 lakh. As always, the final discount may vary based on dealer inventory and the specific variant you choose.
Latest offers on Mahindra XUV400 EV — Up to Rs 3 lakh
XUV400 | Cash Discount |
Base EC Pro (34.5kWh) | 50,000 |
All Other (34.5kWh/39.4kWh) | 3,00,000 |
Among the highest year-end discounts on EVs, the Mahindra XUV400 EV offers stand out, with discounts reaching up to Rs 3 lakh. However, the base EC Pro variant only gets a cash discount of Rs 50,000.
Also Read: Highest year-end discounts on SUVs reach up to Rs 3.50 lakh!
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