In this post, we shall take a look at the details of the 5 highest discounts on electric SUVs in India. December is a month of huge discounts and sales. The reason is quite simple. At the beginning of every year, the carmakers announce price hikes. The high input costs and the raw materials getting more expensive are the reasons for this price increase. Therefore, a lot of people buy cars during December to prevent paying that extra amount on the same model. Let us take a look at the details of discounts on electric SUVs this month.
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5 Highest Discounts on Electric SUVs
Electric SUV | Discount (upto) |
Mahindra XUV400 | Rs 4 lakh |
Hyundai Kona EV | Rs 3 lakh |
Tata Nexon EV (pre-facelift) | Rs 2.7 lakh |
MG ZS EV | Rs 1 lakh |
Tata Nexon EV (new model) | Rs 35,000 |
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Mahindra XUV400
The first vehicle on this list of the highest discounts on electric SUVs in India for the month of December 2023 is the Mahindra XUV400. For the uninitiated, the XUV400 is an electric version of the XUV300. However, the former is slightly longer than the XUV300. It is one of the highest-selling SUVs in its segment, which consists of the mighty Tata Nexon EV. This month, the buyers are eligible to get discounts of a whopping Rs 4 lakh on it. This is due to the fact that the facelift model will soon arrive and the dealers would like to clear the stock before that.
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Hyundai Kona EV
Then there is the Hyundai Kona EV on this list. It has been selling in our market for a long time now. In fact, the Korean giant also sells it in many other international markets. Unfortunately, the sales in India have not been encouraging. Perhaps, that could be the reason why Hyundai is offering discounts worth Rs 3 lakh on it. If you want to buy it, this could be a great time.
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Tata Nexon EV (pre-facelift)
Tata Motors recently launched the facelift version of the Nexon EV in our market. It comes with significant exterior updates, as well as a complete interior overhaul. It is bound to keep the demand for the highest-selling EV in the country alive going forward. As a result, the dealers who have the stock of the pre-facelift model are offering massive discounts on the Nexon EV. These include:
- Cash Discount – Rs 2.2 lakh for Max and Rs 1.5 lakh for Prime
- Exchange Bonus – Rs 50,000
- Additional Dealer End Offers
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MG ZS EV
Then there is the MG ZS EV on this list of the highest discounts on electric SUVs in India for December 2023. It is the donor model for the Creta-rivalling Astor in the ICE category in India. It comes with decent specifications and Level 2 ADAS functions for enhanced active safety capabilities. The buyers will be able to avail of benefits worth an attractive Rs 1 lakh on the mid-size electric SUV. The breakdown is:
- Cash Discount – Rs 50,000
- Exchange Bonus – Rs 50,000
- Additional Dealer End Offers
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Tata Nexon (new model)
Interestingly, the Indian auto giant is also offering some benefits on the new version of the Nexon EV. Sure, these are not too high. But to get any offer on the highest-selling electric SUV in the country is great. For December 2023, the customers are eligible to receive a cash bonus of Rs 35,000 on the Nexon EV. There are additional dealer-end offers on top of this as well. That will sweeten the deal even further. In inference, if you wanted to get your hands on an electric SUV, this might just be the ideal time.