Electric Car Market Still Awaits a Sub-5 Lakh Vehicle in India 
The cheapest electric cars in India are the Strom Motors R3 and the MG Comet EV, which both start at around 4.5 lakh INR. There are a few reasons why electric cars are more expensive than gasoline-powered cars. First, the batteries used in top electric cars in India are expensive to produce. Second, electric cars require more specialized components, such as electric motors and power electronics. Finally, there is still a relatively small market for electric cars, which means that automakers cannot yet produce them at scale, which would help to lower costs. The Indian government is offering subsidies and other incentives to promote the adoption of electric vehicles. Despite the high cost, electric cars are becoming increasingly popular in India. This is due to a number of factors, including the rising cost of gasoline, the increasing awareness of environmental issues, and the growing availability of electric charging infrastructure. It is expected that the price of electric cars will come down in the coming years, as battery technology improves and production costs decrease.
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