Ex-factory price plus registration, taxes and fees for FY 2026-27.
31.4 kWh (E1 Basic)
Rs 5,878,855
est. on-road
Ex-factory price
Rs 5,700,000
Registration fee(95% EV exemption applied to the 2% car slab - Punjab publishes no cc-equivalence for EVs; confirm at excise office.)
Rs 5,700
Token tax (year 1)(95% EV exemption on the 0.3% slab. A 99% exemption for FY2026-27 was reported in Jul 2026 news - official page still shows 95%.)
Rs 855
Smart card
Rs 1,300
Advance income tax (s.231B)(EV rule: engine capacity n/a and value ≥ Rs 5M → 3% of value. Non-filer uplift per Tenth Schedule, not explicitly restated for this proviso.)
Rs 171,000
42.3 kWh ( Mid Variant - E2 / Plus / Standard )
Rs 6,497,545
est. on-road
Ex-factory price
Rs 6,300,000
Registration fee(95% EV exemption applied to the 2% car slab - Punjab publishes no cc-equivalence for EVs; confirm at excise office.)
Rs 6,300
Token tax (year 1)(95% EV exemption on the 0.3% slab. A 99% exemption for FY2026-27 was reported in Jul 2026 news - official page still shows 95%.)
Rs 945
Smart card
Rs 1,300
Advance income tax (s.231B)(EV rule: engine capacity n/a and value ≥ Rs 5M → 3% of value. Non-filer uplift per Tenth Schedule, not explicitly restated for this proviso.)
Registration fee(95% EV exemption applied to the 2% car slab - Punjab publishes no cc-equivalence for EVs; confirm at excise office.)
Rs 6,800
Token tax (year 1)(95% EV exemption on the 0.3% slab. A 99% exemption for FY2026-27 was reported in Jul 2026 news - official page still shows 95%.)
Rs 1,020
Smart card
Rs 1,300
Advance income tax (s.231B)(EV rule: engine capacity n/a and value ≥ Rs 5M → 3% of value. Non-filer uplift per Tenth Schedule, not explicitly restated for this proviso.)
Rs 204,000
Estimates from official FY 2026-27 schedules; actual invoices vary by excise office, dealer charges and notification changes. Token tax shown is the first year only.
What it costs to run
Against a typical petrol car at 8.5 L/100km. Adjust to your own driving.
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