OEM, dealers to play Santa during year-end for EV passenger vehicles

Carmakers, dealers offering discounts up to Rs 4 lakh

The last 10 days of 2023 are going to be an ideal time to buy electric four-wheelers.

Dealers and companies are lining up heavy discounts, ranging from Rs 60,000 to Rs 4 lakh, for various brands.

The players which are leading in terms of discounts in the electric-vehicle (EV) space are Mahindra and Mahindra (M&M), Hyundai Motor India, MG Motor, and Tata Motors, among others.

Compared with last year’s levels, the discounts are much higher. Last year, those were Rs 2.5 lakh at best.

“The current discounts by all the companies and dealers are huge as far as EVs are concerned. Hence, people may