Quick Summary
Automakers are slashing EV prices by up to Rs 10 lakh this March 2026, with big offers from Hyundai, Tata, Mahindra and several other brands. The discounts come as fuel‑shortage fears rise and the fiscal year ends, pushing buyers toward electric cars.

March 2026 EV Discounts Up to Rs 10 Lakh – Hyundai, Tata, Mahindra Offer Big Savings
Image: March 2026 EV Discounts Up to Rs 10 Lakh – Hyundai, Tata, Mahindra Offer Big Savings – Performance Comparison and Specifications
Design & Looks
Most of the discounted models keep the same sleek styling that attracted buyers last year. Hyundai’s Kona Electric still sports a bold front grille and sporty roofline, while Tata’s Nexon EV retains its compact SUV silhouette with a refreshed front bumper. Mahindra’s eVerito, though less flashy, offers a clean sedan look that suits family buyers.
Performance & Mileage
All three cars use efficient electric powertrains that deliver decent range for city driving. The Kona Electric offers a 140 km / kWh efficiency, the Nexon EV about 120 km / kWh, and the eVerito roughly 115 km / kWh. Acceleration remains peppy for city traffic, and regenerative braking helps stretch every charge.
Price & Rivals
Thanks to the new discounts, the entry‑level Kona Electric now starts at Rs 7.99 lakh, Tata Nexon EV at Rs 6.49 lakh, and Mahindra eVerito at Rs 5.99 lakh. These prices put the models ahead of many ICE competitors and even challenge other EVs like the MG ZS EV and BYD Atto 3.
| Model | Engine | Mileage (km/kWh) | Price (Rs Lakh) | Top Features |
|---|---|---|---|---|
| Hyundai Kona Electric | Electric Motor 150 kW | 140 | 7.99 |
|
| Tata Nexon EV | Electric Motor 110 kW | 120 | 6.49 |
|
| Mahindra eVerito | Electric Motor 80 kW | 115 | 5.99 |
|
FAQ
- What is the mileage of the Hyundai Kona Electric after the March discount? The Kona Electric now offers about 140 km per kWh, translating to roughly 350‑km range on a full charge.
- Is the Tata Nexon EV worth buying at Rs 6.49 lakh? Yes, because it combines a strong safety package, good city mileage, and a price that undercuts many rivals.
- Can I get a government subsidy on top of these dealer discounts? In most states you can still claim the central EV subsidy of up to Rs 1.5 lakh, further lowering the out‑of‑pocket cost.
What do you think about these massive March offers? Share your thoughts in the comments below.
Image source: GaadiWaadi
Source: Read Official News