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Tata Capital > Blog > Loan for Vehicle > Electric Scooters Under 50000

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Electric Scooters Under 50000

Electric Scooters Under 50000

Over the past few years, there has been a significant increase in the use of electric vehicles in India. With the surge in demand, the Indian market for EV vehicles is expected to reach about USD 113.99 billion by 2029. Government initiatives, a growing awareness and concern for environmental issues and technological advancements have encouraged a rise in investment in the EV industry, with India expecting to become the largest market for EVs by 2030.

Further, electric bikes, scooters, and cars are also great investments for customers. They have lower maintenance and fuel costs, emit little to no harmful pollutants, reduce noise pollution, and much more. Electric scooters, in particular, have become popular in India. They’re inexpensive to refuel, easy to manoeuvre on busy streets and come with exciting features.

With the plethora of options available, choosing the right scooter for you can be overwhelming. After all, there are several factors to consider, like the battery life, mileage, upfront costs, and more. Conducting research online is important for finding the scooter best suited to your needs. In this article, we will explore some of the best budget-friendly electric scooters under Rs. 50,000.

What are the Top 6 Electric Scooters Under Rs. 50,000?

1. Avon E Scoot 504

The Avon E Scoot 104 is an excellent electric scooter under Rs. 50,000. This low-speed electric scooter is ideal if you’re looking for a daily commute vehicle. With a price tag of about Rs. 45,000, it has a remote anti-theft and lock system to ensure you can safely park it anywhere. However, it is only available in one colour- grey, with only one variant option. It also has halogen indicators and headlights, contributing to its cost-effectiveness. This scooter’s top speed is 24 km/hr, and it can drive up to 65 kilometres per charge. Its charging time is between seven to eight hours.

2. Komaki X One

The Komaki X One is one of the top electric scooters below Rs. 50,000. It has an engine-synchronised braking system, charging points, Bluetooth connectivity for your phone, and a digital speedometer. Available in four different colours and three different variants, the price of this scooter ranges between Rs. 35,999 and Rs. 59,999. Depending on the variant, it can drive between 85 to 100 kilometres on a single charge, making it ideal for daily commutes in cities and towns.

3. Ujaas eGO LA

Priced at around Rs. 39,880, the Ujaas Ego LA is one of the top electric scooters below Rs 50,000 in India. It has a battery range of up to 75 kilometres per charge and a charge time of seven to eight hours. It is a great option for those wanting to invest in their first electric vehicle. Some of its standout features include LED tail lights, a digital speedometer and trip meter, and charging points. Its app also comes with an anti-theft alarm and low battery alert.

4. Tunwal Mini Sports 63

With a price tag of about Rs. 49,990, the Tunwal Mini Sport 63 is one of the top electric scooters in India. It comes with digital speedometers and trip meters, a charging point, and three different colour options. It has a charging time of about four to five hours and travels up to 65 kilometres on a single charge. It can also reach a speed of up to 25 km/hr, making it an attractive option for daily use.

5. Hero Electric Cruz

One of the top-rated electric scooters under Rs. 50,000, the Hero Electric Cruz can reach speeds of up to 25 km/hr. It can also travel up to 70 kilometres on a single charge and is priced at Rs. 37,390. It has a digital speedometer and two colour options. Its competitive pricing makes it an easy contender for those looking for top electric scooters below Rs 50,000.

6. Avon E Mate 306

Last but not least on the list is the Avon E Mate 306. With a price tag of Rs. 45,000 approximately, this electric scooter comes with an app that alerts you of low battery levels and features a digital speedometer. It takes between six and eight hours to charge and can travel up to 65 kilometres on a single charge. Its top speeds are about 24 km/hr, making it an attractive option for commuting in the city.

What are the Benefits of Using an Electric Scooter?

Electric scooters come with several advantages. These include:

1. Positive environmental impact

One of the leading benefits of electric scooters and vehicles is their low impact on the environment. Unlike traditional petrol or diesel vehicles, they have zero emissions, helping to lower your carbon footprint.

This is particularly important in an age where environmental consciousness has increased considerably. They also make far less noise than vehicles with fuel-based engines, helping to reduce noise pollution.

2. Low refuelling costs

Electric scooters are generally more cost effective than traditional petrol vehicles. Petrol and diesel vehicles operate on fossil fuels, which are a limited resource. Thus, petrol and diesel prices are much higher than electricity prices.

Electric scooters help cut down on refuelling costs. If you’re hesitant about finding charging stations, that’s sorted, too. The government, in order to incentivize electric mobility, has made several charging stations available nationwide, allowing you to refuel with ease.

3. Low maintenance costs

Due to their battery component, electric scooters may have slightly higher upfront costs than petrol or diesel scooters. However, because electric vehicles have fewer moving parts than their traditional counterparts, they usually need fewer repairs. This drastically reduces maintenance costs, making electric scooters a good investment.

The bottom line

Buying a new electric scooter can be exciting, but it is also a considerable investment. It is important to consider a number of factors to ensure you find the scooter best suited to your needs. This includes the battery range, charging time, design, and other features. It is also essential to ensure you have charging stations nearby to make refuelling your electric scooter possible.

Another crucial aspect of buying an electric scooter is funding. Tata Capital’s vehicle loan can help you purchase your dream vehicle at attractive interest rates, with flexible repayment tenures and tailored EMI options.