Quick Reads
- Kia is keen on clearing off its MY25 inventory through extensive benefits of up to Rs 2,00,000 on the Clavis EV
- Hyundai is offering up to Rs 70,000 total savings on the Creta Electric.
- These pricing moves highlight the rising competition and the need for inventory balancing within India’s growing EV segment
As the month of July 2026 begins, the electric vehicle market in India is seeing a planned push by the Korean auto majors. Hyundai and Kia have offered some interesting deals for their electric vehicles to get rid of old stocks. If you were considering purchasing an electric vehicle but were hesitating, these offers in July may help you make up your mind.
Kia’s Strategic Push: Up to Rs 2 Lakh Off on the Clavis EV
Strategy by Kia India for July 2026 has one thing clear: clearance of existing stock for MY25. As a countermeasure to an increase in prices ranging between 0 and 2% announced on July 1, the carmaker has rolled out EV incentives that are among the best in the mainstream market.
One such incentive comes from the purchase of the Kia Carens Clavis EV (MY25 HTM). This car qualifies for some of the maximum incentives worth Rs 2,00,000. Buyers can get their hands on this deal through a combination of incentives that include:
- Direct cash discounts
- Exchange bonuses designed to drive upgrades
- Loyalty rewards for existing customers
- Scrappage incentives
- Corporate benefits and complimentary extended warranty packages
Whereas for those who like the latest version, the MY26 Carens Clavis EV gets good discounts but limited only up to Rs 95,000. Through the use of exchange incentives and scrap discounts instead of cash discounts, Kia is trying to enhance its visibility in the electric vehicle market.
Hyundai Creta Electric: Total Savings of Rs 70,000
Hyundai does not want to be left behind either and is offering its very own discounts for July 2026 on the purchase of the Hyundai Creta Electric. The discount offer is only valid up to July 31st, 2026, on the limited stock available.
Buyers can avail themselves of a maximum of Rs 70,000 in total savings. The complete breakdown of the July special offers includes:
- Cash Discount: Rs 15,000
- Scrappage Bonus: Rs 20,000
- Upgrade Discount: Rs 15,000
- Pride Of India Bonus: Rs 20,000
Hyundai’s approach includes rewarding buyers who are actively upgrading their current vehicles, utilising the vehicle scrappage policy, or qualifying for the special Pride of India corporate benefit.
Hyundai Creta Electric Latest Offers With variant-wise price
| Hyundai Creta Electric Variant | Battery Capacity | Ex-Showroom Price | Applicable July 2026 Offers |
| Executive | 42 kWh | Rs 18.03 Lakh |
|
| Premium | 42 kWh | Rs 20.00 Lakh | ^ Same as above |
| Executive (O) LR | 51.4 kWh | Rs 20.00 Lakh | ^ Same as above |
| Excellence LR | 51.4 kWh | Rs 23.67 Lakh | ^ Same as above |
| Excellence DT Knight LR HC | 51.4 kWh | Rs 24.70 Lakh | ^ Same as above |
