As the first month of 2025 comes to a end, automakers are pulling out all the stops to entice buyers with substantial discounts on electric vehicles (EVs).
This move reflects the growing focus on green mobility in India, driven by consumer demand for eco-friendly options and government incentives promoting EV adoption. Whether you’re upgrading to an electric car or stepping into the world of EVs for the first time, these deals offer a golden opportunity to save on some of the most popular models in the market.
Electric vehicles are no longer a niche segment. With advancements in range, charging infrastructure, and performance, they’ve become a practical choice for daily commutes and long drives alike. If you’ve been on the fence about going electric, these January discounts might just give you the push you need.
January 2025 Discounts on Popular Electric Vehicles
Here’s a quick look at some of the EVs offering discounts this January and what you can expect if you’re planning to buy.
- Tata Nexon EV
Tata’s Nexon EV continues to dominate the Indian EV market, and this January, buyers can benefit from a discount of up to ₹20,000 on select variants of MY 2024 make. The Nexon EV, known for its reliability and practicality, remains a strong choice for city commuters and weekend road trips alike. - MG ZS EV
MG’s ZS EV is another standout in the mid-range EV market. With a spacious cabin and impressive range, the ZS EV is available with discounts from the dealer end this month. Check with the dealer closest to you to get an update on the deal. This deal might make it a little easier for families looking for an eco-friendly SUV to make the switch. - Hyundai Ioniq5 EV
Hyundai Ioniq 5 EV
The Hyundai Ioniq 5 EV is known for its retro design and excellent range. Currently, buyers can enjoy a discount of up to ₹200,000. If you’re someone who values tech features and modern aesthetics, the Kona is worth a closer look.
- Mahindra XUV400 EV
Mahindra XUV 400 EV
Mahindra’s entry into the EV space with the XUV400 EV has gained attention, and the company is offering benefits of up to ₹300,000. Its spacious interiors and robust performance are key selling points for those looking for an affordable electric SUV.
- BYD Atto 3
BYD Atto 3
BYD’s Atto 3 offers a premium feel and a long range, making it a standout option for EV buyers. This month, it comes with discount offers from the dealer end, making it a more appealing option for those seeking luxury in the EV segment.
Why the Push for Discounts?
Automakers often roll out discounts at the end of the month to meet sales targets or make way for newer models, additionally, the dealers are stuck with unsold stock of MY 2024 in 2025. With the EV segment heating up and more players entering the market, competitive pricing and incentives have become essential to attract buyers. Additionally, government subsidies for EVs have helped boost demand, but discounts like these make the switch to electric even more tempting.
What to Keep in Mind
While these discounts are enticing, it’s essential to do a bit of research before making a purchase. Consider factors like battery range, charging infrastructure in your area, and post-purchase service options. EVs are a long-term investment, and finding the right match for your needs will ensure you get the most out of your green ride.
Whether you’re looking for a budget-friendly EV or a premium electric SUV, these deals make it a great time to explore your options.