MG Comet EV
Tailored for eco-conscious drivers, the MG Comet EV is an all-electric electric hatchback priced between ₹6.99 - 9.78 Lakh, delivering up to 200 km on a single charge. Standout characteristics comprise most affordable 4-wheel EV in India (₹6.99 Lakh), in tandem with a generous 350 L boot capacity. Built for modern zero-emission city transit, it offers swift off-the-line acceleration, predictable charging range, and hassle-free daily usability.
MG Comet EV price starts from ₹6.99 Lakh (avg. ex-showroom) as of October 2026.
MG Comet EV Price Details:
- Base Variant (Executive): ₹6.99 Lakh
- Top Variant (Exclusive FC): ₹6.99 Lakh
- Estimated On-Road Price: ₹7.83 Lakh - ₹7.83 Lakh
MG Comet EV Engine & Variant Options:
- Engine Options: Standard Engine
- Transmission: Automatic
- Variants: Available in 5 variants.
Comet EV Insurance Quotes & EstimatesOctober Offers
Estimated annual premiums and coverage options for your new Comet EV.
Comprehensive Cover
Recommended for complete protection including own-damage, theft, natural disasters, and third-party liabilities. Typically costs around 3-4% of the car's Insured Declared Value (IDV).
Third-Party Cover
Mandatory by law in India. Covers legal liabilities arising from damage to a third party's property or injury/death. Does not cover damages to your own Comet EV. Rates are fixed by IRDAI based on engine capacity.
Tips on IDV Calculation
The Insured Declared Value (IDV) is the maximum sum assured fixed by the insurer. For a brand new Comet EV, the IDV is typically calculated at 95% of the ex-showroom price. Over time, depreciation applies:
- Up to 6 months: 5% depreciation
- 6 months to 1 year: 15% depreciation
- 1 to 2 years: 20% depreciation
- 2 to 3 years: 30% depreciation
Tip: Always opt for 'Zero Depreciation' (Bumper-to-Bumper) add-on for the first 3-5 years to ensure you get full claim value without deductions for plastic, glass, or rubber parts.