Introduction

The MG Comet EV, one of India’s most affordable electric cars, has recently seen a price increase of ₹15,000. Additionally, the battery subscription plan—a key feature for cost-conscious buyers—has also become more expensive. This move comes amid rising input costs and shifting market dynamics in the EV sector. For potential buyers, understanding these changes is crucial before making a purchase decision.

In this article, we’ll break down the reasons behind the price hike, explore the revised battery subscription costs, and assess whether the MG Comet EV remains a viable option in the competitive electric vehicle market.

Why Has the MG Comet EV Become More Expensive?

Automakers frequently adjust prices due to factors like inflation, supply chain disruptions, and regulatory changes. In the case of the MG Comet EV, the ₹15,000 increase can be attributed to:

Rising Battery Material Costs – Lithium and other essential components for EV batteries have seen price fluctuations, impacting production expenses.

Regulatory Adjustments – Changes in government policies, including subsidies and GST rates, can influence final pricing.

Enhanced Features – Some variants may now include additional features, justifying the higher cost.

While the hike is modest, it could influence budget-conscious buyers who were attracted to the Comet EV’s affordability.

Battery Subscription Plan: What’s Changed?

One of the unique selling points of the MG Comet EV was its battery subscription model, allowing buyers to reduce the upfront cost by paying a monthly fee for the battery. However, this option has also seen a price revision.

Previous vs. New Battery Subscription Costs

Old Pricing: Approximately ₹1,000 – ₹1,500 per month (depending on the variant).

New Pricing: Increased by around 10-15%, making it slightly more expensive over the long term.

Is the Subscription Still Worth It?

For buyers who prefer lower initial payments, the subscription model remains appealing. However, those planning long-term ownership might find purchasing the battery upfront more economical despite the higher initial cost.

How Does the MG Comet EV Compare to Competitors After the Price Hike?

Despite the increase, the Comet EV still holds a strong position in the micro-EV segment. Let’s see how it stacks up against rivals like the Tata Tiago EV and Citroën eC3:

Feature MG Comet EV Tata Tiago EV Citroën eC3

Starting Price ~₹7 Lakh ~₹8.5 Lakh ~₹11 Lakh

Range 230 km 250 km 320 km

Battery Option Subscription Available Fixed Purchase Fixed Purchase

While the Comet EV offers a shorter range, its compact size and lower price make it ideal for city commuters. The competition provides better range but at a significantly higher cost.

Should You Buy the MG Comet EV Now or Wait?

If you’re considering the Comet EV, here are some factors to weigh:

Reasons to Buy Now

Still Affordable – Despite the hike, it remains one of the cheapest EVs in India.

Low Running Costs – Electricity costs are far lower than petrol/diesel.

Ease of City Driving – Its small size makes it perfect for congested urban roads.

Reasons to Wait

Potential Further Updates – MG may introduce new features or adjustments in response to market feedback.

Festival Discounts – Dealers might offer discounts during festive seasons to offset the price increase.

Conclusion

The MG Comet EV’s price hike and increased battery subscription costs may disappoint some buyers, but it remains a strong contender in the budget EV segment. Its affordability, compact design, and low maintenance costs continue to make it an attractive option for city dwellers.

Before making a decision, assess your budget, driving needs, and whether the subscription model aligns with your financial plans. While the increase is notable, the Comet EV still delivers good value for money in India’s evolving electric vehicle market.

Would you still consider buying the MG Comet EV after this price revision? Let us know your thoughts in the comments!

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