Automakers Offer Huge EV Discount Deals To Clear Year-End Stock


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Mahindra XEV 9E Electric

Leading automakers in India are offering tempting discount schemes and benefits in December 2025 to lure in buyers

Carmakers have entered the final weeks of the calendar year 2025 with aggressive discount schemes on their electric vehicles following the abrupt tilt in buyer preference after tax revisions made petrol and diesel cars noticeably cheaper. With demand softening for EVs and inventory needing to be cleared before the calendar flips, manufacturers have moved towards discount strategies.

Instead of limiting the offers to a few cars, most major players have spread their schemes widely across their electric lineups. Companies such as Hyundai, Kia, Mahindra, Tata Motors and JSW MG are all participating. Tata’s Curvv EV and Mahindra’s XEV 9e currently come with benefits reaching nearly Rs 3.5 lakh. JSW MG, through its Mid-Night Carnival, has dropped prices by around Rs 1 lakh on the Comet EV and roughly Rs 1.35 lakh on specific ZS EV trims.

The primary trigger for this wave of incentives can be traced back to September 22 when the GST reduction on ICE cars significantly narrowed the appeal of EVs. What was once a tighter price comparison between the two powertrains widened again, weakening the cost advantage argument that helped electric vehicles gain traction among majority of the customers.

Also Read: Mahindra XEV 9S Production To Be Increased, Born EVs Target High Volumes

tata curvv EV-13

As a result, many brands are working to exhaust their 2025 stock ahead of upcoming model-year changes. Electric car volumes for November 2025 hit around 14,700 units with an increase of nearly 63 per cent when compared to the same month last year. Yet EV penetration slipped to about 3.7 per cent – noticeably below the 5 per cent levels that existed before the GST revision.

Registration trends across October and November tell a similar story: the overall passenger vehicle market expanded strongly but the share of EVs held steady at only 3 to 4 per cent. Mahindra says its schemes cover both EVs and ICE vehicles, although additional focus has been placed on BEVs as it completes a year of its Electric Origin lineup.

Also Read: 4 New Mass Market EVs Waiting To Launch In 2026 In India

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Luxury electric cars, meanwhile, stand apart from these heavy cuts. Discounts in the premium category remain minimal and some models continue to operate on waiting lists. BMW’s iX1, responsible for a large majority of the brand’s EV numbers in India, reportedly has a waiting period of roughly four months.

The zero-emission space is all set to move to the next step as several new models are waiting in the pipeline across different segments in 2026.

The post Automakers Offer Huge EV Discount Deals To Clear Year-End Stock appeared first on Gaadiwaadi.com – Latest Car & Bike News by Surendhar M.



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