Tata Punch EV facelift base variant launched at 6.49 lakh rupees

Tata Motors has launched the updated Punch EV, with the base Smart variant available at 6.49 lakh rupees under the battery-as-a-service option. It offers a 375 km range and comes equipped with several modern features. The price with battery included is 9.69 lakh rupees.

Amid a rapidly evolving electric vehicle market, Tata Motors has launched the updated Punch EV for Indian customers. The company introduced it at a starting price of 6.49 lakh rupees with the battery-as-a-service (BaaS) option. Under BaaS, customers pay a rental of 2.60 rupees per kilometer, charged based on usage. The price including the battery is 9.69 lakh rupees, and bookings have begun.

The base Smart variant features 15-inch steel wheels, compared to 16-inch wheels in higher variants. Color options are limited to Supernova Copper, Pure Grey, Pristine White, and Bengal Rouge. Despite being the base model, it includes a new touch-sensitive HVAC panel, City and Sport driving modes, iRA connected technology, front power windows, and adjustable headrests for rear seats. Additional features comprise LED DRLs, driver seat height adjustment, multi-mode regenerative braking, and an electric tailgate.

Safety features include six airbags, ABS, EBD, i-TPMS, ESP, reverse parking sensors, and seat belt reminders. The powertrain consists of a 30kWh battery and a single electric motor producing 87 Bhp power and 154 Nm torque. It offers a 375 km range on a full charge. Variants above Smart Plus come with a 40kWh battery for a 468 km range. The launch occurred on 26 February 2026.

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Rivian R2 electric SUV on mountain road with $45,000 price and 345-mile range overlay, news illustration.
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Rivian announces R2 electric SUV with base price of $45,000

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Rivian has revealed details of its upcoming R2 mid-size electric SUV, positioning it as a more affordable alternative to its R1 models and a competitor to the Tesla Model Y. The vehicle will launch with higher trims this year, while the entry-level Standard model arrives in late 2027 starting at $45,000. Key features include varying power outputs and ranges up to 345 miles.

Indian startup Ultraviolette Automotive has unveiled the X-47 Crossover electric adventure motorcycle with a Battery Flex Battery-as-a-Service (BaaS) model, developed with Ecofy. This reduces the chassis price to Rs 1.49 lakh ex-showroom (from Rs 2.49 lakh), with subscriptions from Rs 2,499 per month, making premium electric mobility more accessible versus ICE rivals.

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BMW has revealed its all-new i3 electric sedan, a sporty 3 Series EV built on the Neue Klasse platform. The model offers 440 miles of EPA range, 463 horsepower and production starting in August 2026. It features advanced tech like an 800-volt system and Panoramic Vision display.

Used prices for the Tesla Model 3 have reached record lows in 2026, with some 2019 models available for under $19,000. This depreciation comes amid broader shifts in the electric vehicle market following the end of federal tax credits. While Tesla models generally saw price increases, older Model 3s present affordable options for buyers.

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The 2025 Tesla Model 3 Performance recorded a lap time of 2:58.4 at Virginia International Raceway's Lightning Lap 2026, setting a new benchmark for electric vehicles priced below $100,000. This performance surpassed the previous record holder, the Hyundai Ioniq 5 N. The test highlighted the car's capabilities in a single high-speed lap before battery limitations kicked in.

Ford is preparing to launch a $30,000 mid-size electric truck in 2027 that incorporates key technologies from Tesla's Cybertruck, including 48-volt architecture and gigacasting. The project is led by former Tesla executives and marks a significant shift for the automaker away from traditional methods. This approach aims to reduce costs and improve efficiency in electric vehicle production.

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