India’s electric vehicle (EV) revolution just got a major boost with MG Motor India offering its ultra-compact electric car, the MG Comet EV, at an incredibly low EMI of just ₹4,999/month. This aggressive pricing strategy is not just grabbing headlines—it’s bringing EV ownership within reach for thousands of Indian households, especially in cities and towns.
Let’s explore what makes this offering so exciting, what the MG Comet EV brings to the table, and why it might be the best budget EV you can buy today.
🚗 What is the MG Comet EV?
The MG Comet EV is a small, two-door electric hatchback designed for city commuting. It is built on the Global Small Electric Vehicle (GSEV) platform by SAIC (MG’s parent company) and is aimed at providing a practical, affordable, and eco-friendly transportation solution for urban India.
Launched in 2023, the MG Comet EV has quickly gained attention for its compact design, low running cost, and premium features, all bundled at a very reasonable price.
💰 ₹4,999 EMI Offer – How It Works
MG Motor India has now introduced a flexible EMI scheme, allowing customers to own the Comet EV by paying as little as ₹4,999 per month. This EMI offer is likely tied to:
- A down payment made by the customer
- A loan tenure of up to 7 years
- Competitive interest rates provided by partner banks and NBFCs
The offer makes EV ownership comparable to that of a basic petrol scooter or entry-level hatchback.
⚙️ MG Comet EV – Key Specifications
| Specification | Details |
|---|---|
| Battery | 17.3 kWh Li-ion |
| Range (Claimed) | 230 km on a full charge |
| Charging Time | Approx. 7 hours (AC charger) |
| Motor Power | 42 PS |
| Torque | 110 Nm |
| Top Speed | ~80 km/h |
| Seating | 4 Seater |
| Boot Space | 140 Litres |
Its small size and agile handling make it perfect for traffic-heavy cities, while the compact battery ensures low charging cost and maintenance.
🎨 Design and Dimensions
The MG Comet EV stands out with its futuristic boxy design and a “micro car” personality. It’s compact, but cleverly designed to seat four adults. Its unique features include:
- LED strip lighting at the front and rear
- Tall stance and wide cabin for comfort
- Large windows for better visibility
At just 2.9 meters in length, it’s shorter than most hatchbacks, making it extremely easy to park even in tight urban spaces.
🌿 Eco-Friendly and Budget-Friendly
One of the biggest benefits of the MG Comet EV is its eco-friendliness. With zero tailpipe emissions, it helps reduce urban air pollution. But it’s also pocket-friendly in the long run:
- Running cost of around ₹1/km
- Maintenance is minimal due to fewer moving parts
- Tax benefits and government subsidies under the FAME II scheme (in applicable states)
If you’re commuting around 30-40 km/day, the MG Comet can easily cover your weekly commute on a single full charge.
📲 Technology and Features
Don’t let the price fool you—the MG Comet EV is loaded with smart tech. Some standout features include:
- Dual 10.25-inch screens (infotainment + digital instrument cluster)
- Wireless Android Auto and Apple CarPlay
- Reverse parking camera and sensors
- Power windows, smart key, and voice commands
- Over-the-air (OTA) updates
These are features you’d expect in cars costing ₹10+ lakh, but MG has made them available at half that cost.
🛡️ Safety Features
Though compact, the MG Comet EV includes essential safety features such as:
- Dual front airbags
- ABS with EBD
- Rear parking sensors
- 3-point seat belts for all passengers
- ISOFIX child seat mounts
While it’s not a high-speed highway cruiser, it is safe and secure for everyday city use.
🧾 Ownership Benefits and Cost of Ownership
Here’s a quick breakdown of how affordable owning an MG Comet EV can be:
| Cost Head | Approximate Cost |
|---|---|
| Monthly EMI | ₹4,999 (based on offer) |
| Charging Cost (Monthly) | ₹400–₹600 |
| Annual Maintenance | ₹2,000–₹3,000 |
| Road Tax | Exempted in many states |
| Insurance | Lower than petrol cars |
Combined with zero fuel cost, the overall cost of ownership is 40–50% less than a petrol car of similar size.
🏙️ Who Should Consider the MG Comet EV?
The MG Comet EV is best suited for:
- Urban professionals looking for a second car
- College students or young drivers
- Small families with city-based travel needs
- Eco-conscious buyers
- Senior citizens or first-time drivers
If your daily commute is within 50–100 km, and you want a smart, stylish, and budget-friendly electric vehicle, this is a strong contender.
🔋 Charging Infrastructure: Is It Enough?
MG provides a home AC charger with the Comet EV, making overnight charging convenient. You don’t need DC fast-charging for this vehicle, which reduces dependency on public infrastructure.
Additionally, MG is working with third-party providers to set up charging stations in residential and commercial areas, making charging more accessible than ever.
📉 MG Comet vs Petrol Hatchbacks
Let’s compare the Comet with a typical petrol car like the Maruti Alto K10:
| Parameter | MG Comet EV | Maruti Alto K10 |
|---|---|---|
| Fuel Type | Electric | Petrol |
| Running Cost (per km) | ₹1 | ₹5–₹6 |
| Maintenance | Low | Medium |
| Price (On Road) | ₹6–7 lakh | ₹5.5–6.5 lakh |
| EMI (Offer) | ₹4,999 | ₹6,500+ |
While the upfront cost is similar, MG Comet wins in long-term savings and environmental impact.
🔮 Future of Urban Mobility?
The MG Comet EV represents a new era in city commuting. Its compact form, affordability, and smart tech package make it a trendsetter in the micro-EV segment. It also opens doors for people who couldn’t previously afford an EV.
As India moves toward electrification, cars like the Comet are likely to lead the charge—quietly, efficiently, and affordably.
✅ Conclusion: Is MG Comet EV Worth It?
Absolutely! If you’re looking for a car under ₹7 lakh, want minimal running costs, and care about the environment, the MG Comet EV is a perfect urban companion.
With an EMI starting at just ₹4,999, it offers unbeatable value and convenience. It’s smart, green, and budget-friendly — exactly what India’s future drivers need.
Hello, my name is Muskan Kumari and I am an experienced Digital Marketer. I have been blogging for the last 3 years and I have special interest in SEO. Here I give you easy bikes and writes easy-to-understand reviews and news about the latest bikes, helping readers choose the best options.. My aim is to always provide you with accurate, new and useful information.
