Best Cars Under ₹5 Lakh in India After GST 2.0

The indian automobile industry is going through a big transformation. With the launch of GST 2.0 (Effective 22-2025), Car prices especially in the budget EV segment have become more affordable. Earlier, small cars and EVs carried a highest GST slab but now most entry-level electric cars fall under the 18% GST category instead of 28%.

This has reduced the price of budget EVs by ₹30,000 to ₹60,000 making them a smart choice for middle class buyers. If you are planning to buy your first EV, this is the right time. In this guide, We will explore the best cars under ₹5 lakh in India after GST 2.0, Their features benefits and why they are worth considering.

Why GST 2.0 is a Game Changer For EV Buyers

1. Lowest GST Rate (18%)→Direct Price cut in budget EVs
2. Additional Subsidy Support→State+FAME 2 benefits make EVs even cheaper
3. Lower Running Cost→₹1-₹1.5 per km vs Petrol ₹8-₹10 per km
4. Eco-Friendly Advantage→Zero emission for a sustainable future
5. Low Maintenance→No engine oil, filters, or clutch replacement needed

Buying Guide→Things to check Before choosing an EV Under ₹5 Lakh.

Before jumping into the list of cars, here are some points you should consider:

• Price & Variants→Always check on-Road price (ex-showroom+RTO+insurance).
• Range→A minimum 100-150 km range is enough for daily city commuting.
• Charging Options→Look for home charging support and optional fast charging.
• Safety→Dual airbags, ABS, and crash test rating (if available).
• After sales Support→Choose brands with reliable service networks.
• Warranty→Battery warranty is crucial:- aim for at least 3-5 years.

Best cars Under ₹5 Lakh in india after GST 2.0

1.Vayve Mobility EVA – India’s Most affordable EV

The Vayve EVA is a compact 2-seater EV designed specially for urban India.

• Price→₹3.25 lakh (after GST 2.0 +subsidy)
• Range→120 km per charge
• Charging Time→4 hours (standard socket)
• Top speed→70 km/h
• Highlightse→Solar roof option, smallest EV in India

✅ Pros→Ultra-low cost, easy parking, low running cost

❌ Cons→Only 2 seats, limited boot space

Conclusion→If you want the cheapest and most practical EV for city driving, EVA is the best Car under ₹5 lakh in india after GST 2.0.

2.PMV EaS-E→Smart Micro-EV for Daily Transit

The PMV EaS-E is India’s first micro-electric car, designed for modern urban families.

• Range→160 km per charge
• Charging→Time:3-4 hours
• Top Speed→80 km/h
• Highlight→Compact size, 2+1 seating, smartphone connectivity

✅Pros→Best balance of price, features, and range

❌Cons→Limited highway performance

Conclusion→Among the best cars under ₹5 lakh in India after GST 2.0, PMV EaSE offers the most value with smart features and family usability.

3.Strom Motors R3-Futuristic 3-Wheeler EV

For buyers who love futuristic designs, The Strom R3 is a Unique option.

• Price→₹4.9 lakh
• Range→200 km per charge
• Charging Time→3 hours
• Top speed→80 km/h
• Highlight→Two seater, reverse camera, sunroof option

✅Pros→Long range, stylish design, advanced features

❌Cons→Only 2 seats, unconventional design

Conclusion→If you want a head-turning EV with great range, strom R3 is one of the best EV cars under ₹5 lakh in India after GST 2.0.

4.Bajaj Qute EV (Expected Launch)

Bajaj is working on an electric version of its quadricycle Qute.

• Expected price→₹3.6-₹4 lakh
• Range→100-120 km
• Seating→4 passengers
• Highlight→Compact quadricycle, low maintenance

✅Pros→4 seater practicality, budget-friendly

❌Cons→still under development, not widely available yet.

Conclusion→Once launched, Bajaj Qute EV could be the most affordable family EV under ₹5 lakh in India.

5.Upcoming Ultra-Budget EVs (2026)

Mostly startups are planning EV launches under ₹5 lakh in the next 1-2 years. keep an eye on:

• Omega Seiki Micro EV
• Eulr-City Pod EV
• Kinetic Green Compact EV

These could further expand the list of best cars under ₹5 lakh in India after GST 2.0.

Comparison Table→Best EVs Under ₹5 lakh→

1.Which is the cheapest EV car under ₹5 lakh in India after GST 2.0?

Ans→The Vayve EVA is the cheapest at around ₹3.25 lakh.

2.What is the average range of EVS under ₹5 lakh?

Ans→Most budget EVs offer between 100 km & 200 km per charge.

3.Can i change these EVs at home?

Ans→Yes, all EVs under ₹5 lakh support normal home charging sockets.

4.Are budget EVs safe for highways?

Ans→They are best suited for city drives Highway can be managed but range and speed are limited.

5.How much subsidy is available on budget EVs?

Ans→Depending on the state, subsidies range between ₹30,000 & ₹60,000.

6.Which EV has the highest range under ₹5 lakh?

Ans→The Strom R3 offers up to 200 km on a single charges.

7.Do budget EVs support fast charging?

Ans→Some models like PMV EaS-E support faster charging, but most rely on standard charging.

8.Is there any 4-Seater EV under ₹5 lakh?

Ans→The Bajaj Qute EV (upcoming) will be a 4-seater in this budget.

9.What is the running cost of EVs under ₹5 lakh?

Ans→Around ₹1- ₹1.5 per km, which is much cheaper than petrol.

10.Which EV is best for students or single users?

Ans→Vayve EVA is deal for students and solo riders.

11.How long does it take to charge these EVs?

Ans→On average, 3-5 hours on a normal socket.

12.Which budget EV is the most stylish?

Ans→The Strom R3 stands out with its futuristic design.

13.Are budget EVs available across India?

Ans→Availability is limited to major cities for now, but expanding fast.

14.Should i wait for Upcoming EV launches in 2026?

Ans→If you need a vehicle urgently, buy now otherwise 2026 will bring more options.

15.Are EVs under ₹5 lakh worth it after GST 2.0?

Ans→Yes, price cuts + low running cost make them the best budget choice today.