I am looking for an EV under Rs. 14 lakh that I plan to buy in 2027 (Q1). The car should have good range, basic features, and should be more spacious than Tata Punch but cheaper than the Windsor. Basically, I want an EV that is as spacious as Baleno/i20/Altroz. Are there any upcoming EVs in 2026 or early 2027 that might fit my budget?
Yes, since you are planning to buy an EV in 2027 (Q1), we will advice you to wait for upcoming Hyundai compact EV. This new compact electric SUV is based on Hyundai’s E-GMP (K) platform and is expected to arrive by the end of 2026. It will sit below the Creta Electric and directly target the Punch EV/Nexon EV space.
For your requirement, this is particularly interesting because Hyundai is expected to offer two battery options, with the larger one potentially giving a claimed range around the 400km mark. The India-spec car is also expected to be well equipped, with Hyundai confirming Level 2 ADAS and OTA capability.
The bigger question will be pricing. Hyundai has indicated that this will be its more affordable, locally produced EV, so there is a reasonable chance of it fitting around your Rs. 14 lakh ceiling, although the exact variant pricing is not yet known.
Since you are buying only in Q1 2027, waiting makes complete sense. The Hyundai compact EV should offer a better combination of cabin space, range and features than the Punch EV, while potentially undercutting the Windsor. It is easily the most relevant upcoming EV for your requirements.

Hyundai Creta Electric
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Posted on: 4 Sept 2026
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